Ft. Payne, AL Real Estate

According to census data in the year 2000 there were 5,633 housing units in Ft. Payne. This represents a 7.6% growth from 5,236 in 1990.

Of those housing units, 3,192 were located in either urbanized areas or urban clusters, and 2,441 were located in what is classified as a rural area.

Homeownership rate in Ft. Payne is about 69.7%. Ft. Payne's vacancy rate, including seasonal lodging, is about 9.8%. Average household size is 2.51 people.

The majority of houses, apartments or condos in Ft. Payne were built after 1972.


Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom7.40%
Two Bedrooms31.60%
Three Bedrooms46.20%
Four Bedrooms11.50%
Five Bedrooms or more3%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.61
Median year structure was built1973
Median Value of occupied units$72,100
Median Price asked for vacant units$42,500

Rented Homes, Apartments and Condos

Average Household Size2.29
Median year structure was built1968
Median Monthly Rent asked for vacant units$334

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.70%
Home Equity Loan6.40%
Simple Mortgage47.90%
Debt Free42%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs15.2%