If you are a resident of Huntsville Alabama or are considering moving to the south to leave you may want to weight your buy or rent option. Huntsville is one of the fastest growing cities in the South with a fantastic economy and vibrant small business culture reinforce by BRAC, the Research Park and the colleges in the area. It is considered one of the best places to work and raise kids in the South.
Real estate in Huntsville is relatively inexpensive as compared to other growing cities. The average home prices hovers around $145,00 and the average rental home around $700. From luxurious homes in South Huntsville and the Harvets / Monrovia area to charming affordable neighborhoods in North and West.
Rental homes in Huntsville can be found all over the city ranging from homes that are fully furnished to as is homes lease to buy. Rental houses in Twickenham and Fivepoints are little on the high end as these areas are classified as historic districts, a special designation to a group of buildings, properties or sites that have been designated by one of several entities on different levels as historically or architecturally significant. Buildings, structures, objects and sites within a historic district are normally divided into two categories, contributing and non-contributing.
In Merrimack, a newly designated historic district area of Huntsville AL, homes are selling for much less than the other area and Landlords are renting duplexes, condos and homes for about $450 per duplex.
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