Cherokee, Colbert County, AL

Median Home Price Price

$136,528 $136.5K

Median Monthly Rent Rent

$956 $956

12.0x

Market Snapshot

Cherokee, Colbert County, AL is a city market with a median home price of $136,528, a median monthly rent of $956, a GRM of 12.0x, and a price-to-rent ratio of 11.9.

More markets to explore

01 Waterloo, Lauderdale County, AL
Top recommendation Within state Higher GRM Premium price Lower rent
High confidence
Price $182.7K
Rent $817
GRM 19.0x
Explore the data

No similar markets found for this scope.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Waterloo, Lauderdale County, AL
$183K $817 19.0x
Kellyton, Coosa County, AL Explore deeper
$145K $858 14.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Whigham, Grady County, GA Explore deeper
$206K $841 20.0x
Andrews, Williamsburg County, SC
$146K $956 13.0x
Sugar Tree, Decatur County, TN Explore deeper
$157K $948 14.0x

Home prices

Monthly rent

GRM = home price / annual rent

Cherokee

Map loads when visible.

Benchmark comparison

Rent in Cherokee, AL is 17.0% higher than Waterloo, AL.

Compare to Waterloo, AL
Cherokee, AL
Waterloo, AL
Delta
Median rent
$956
$817
-$139
Median price
$136,528
$182,678
+$46,150
YoY change
+$1
+$10
+$9
Price-to-rent
11.9x
18.6x
+6.7x

Key takeaways

  • Cherokee, Colbert County, AL has a lower-grm screening profile: At 12.0x GRM, current rent may provide stronger support relative to price.
  • Low GRM can also reflect operating friction, softer appreciation expectations, or local risk that GRM does not capture.
  • Rent momentum is positive, with median rent up about $1 year over year.
  • Rent in Cherokee, AL is 17.0% higher than Waterloo, AL.