The median home in Pelham, Alabama is valued at $315,120, up 1.5% year over year. Typical monthly rent is $1,636, producing a price-to-rent ratio of 16.1x — near the national average of 18x. Pelham is part of the Birmingham-Hoover, AL metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Birmingham-Hoover, AL stress score, crash risk, and 12-month forecast →

Home Value$315,120

+1.5%

Rent$1,636/mo

AFFORDABILITY

Enter your income for Pelham.

Income (annual)

Down Payment

$63,024 on $315,120

Stretch — 30.4% of income

Above 28% but manageable with cuts.

PITI$1,901

P/I30.4%

Afford$290K

Gap-$25K

P&I $1,593Tax $108Ins $200

Renting $265/mo cheaper ($1,636 rent)6.50% 30yr, 20% down, county tax + AL ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Alabama

Compare Pelham with other housing markets across Alabama.

Mountain Brook$985K Orange Beach$665K Equality$637K Jacksons Gap$591K Indian Springs Village$569K Vestavia Hills$539K Homewood$533K Dadeville$508K

Full Birmingham-Hoover, AL analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Birmingham-Hoover, AL metro.

View Birmingham-Hoover, AL metro →

PELHAM, AL