The 2000 Census indicates that Alabama has a total of 1,737,080 occupied homes. 918,570 of these homes are occupied by the owner. 1,965 have a property value of $1,000,000 or more, or 0.2 percent. 7,052 homes are valued at $500,000 to $999,999, or 0.8 percent 23,363 are priced from $300,000 to $499,999, or 2.5 percent. 52,724 have a real estate value of $200,000 to $299,999, or 5.7 percent. The are 84,488 residences in the $150,000 to $199,000 price range, or 9.2 percent. 180,391 home owners in Alabama have homes valued from $100,000 to $149,999 (19.6 percent). The number of homes in the $50,000 to $99,999 price range is 392,400, or 42.7 percent. There are 176,187 properties priced at less than $50,000, or 19.2 percent.
In Alabama , 587,895 or 64.0 percent of home owners have a mortgage. The median monthly mortgage payment is $816. 330,675, or 36.0 percent of home owners have no mortgage.
Alabama has a total of 469,129 occupied rental units. The median rent per month is $447.
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