Much like its surrounding areas, it's substantially less expensive compared to the entire nation. Compared to the city of Tallahassee, it's significantly less expensive.
Home prices
Pelham's median home value is $74,000. Compared to its nearby areas this is about $1,420 (1%) higher.It is roughly $143,500 (65%) lower in comparison to the United States as a whole, and is about $129,800 (63%) lower in comparison to the city of Tallahassee.
Rents
The median monthly rent in Pelham is $577. In comparison to the surrounding areas it is approximately $114 (16%) lower.It is approximately $485 (45%) lower compared to the nation as a whole, and is approximately $446 (43%) lower in comparison to the city of Tallahassee.
Nearby places
Meigs
Meigs is approximately 5 miles southeast from Pelham. Housing prices there are somewhat less expensive. The median home in Meigs costs $63,200, which comes out to $10,800 (17%) lower than Pelham. Its rents are a little less expensive. Meigs's median rent is $484 a month, which works out to $93 (19%) lower than Pelham.
Camilla
Camilla is roughly 8 miles north from Pelham. The real estate prices there are similar. The median home in Camilla is valued at $76,200, which comes out to $2,200 (2%) higher than Pelham. Its rents are a little more expensive. The median monthly rent in Camilla is $608, which works out to $31 (5%) higher than Pelham.
Sale City
Sale City is about 12 miles northeast of Pelham. The real estate prices there are pretty similar. The median home cost in Sale City is $73,000, which is $1,000 (1%) lower than Pelham. Rent there is a bit more expensive. Sale City's median rent is $711 per month, which comes out to $134 (18%) higher than Pelham.
Ochlocknee
Ochlocknee is approximately 12 miles southeast from Pelham. Housing prices there are fairly similar. The median home in Ochlocknee costs $72,600, which works out to $1,400 (1%) lower than Pelham. Its rents are significantly more expensive. In Ochlocknee the median rent is $879 per month, which is $302 (34%) higher than Pelham.
Funston
Funston is approximately 15 miles east from Pelham. Housing prices there are a little more expensive. The price of the median home in Funston is $77,900, which is $3,900 (5%) higher than Pelham. Rent there is a little more expensive. In Funston the median rent is $772 per month, which is $195 (25%) higher than Pelham.
