Photo: SaveRivers · Public domainRenting in Five Points: a two-bedroom costs about $1,100
Five Points is too small for a cost of living grade (TownRatings grades places of 1,000 or more).
Only 0 sales in April 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.
What stands out about housing in Five Points
Why Five Points isn’t graded
The grade needs at least two of four Census figures: home value, rent, property tax and the share of households paying 30% or more for housing.
A two-bedroom rents for about $1,100
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Chambers County, AL): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Property tax runs below the Alabama norm
The median bill is $372 (Alabama: $788), 0.31% of a home’s value a year, against 0.38% statewide.
Census American Community Survey 2020–24: the median real-estate tax bill homeowners report, and that bill ÷ the median home value. Bills include town, school and county taxes. The Census reports bills over $10,000 only as “$10,000+”.
Five Points and its neighbors
One source per column.
Cost next door · one source per column
| Town | Cost | Typical home Zillow, September 2026 | Median value Census 2020–24 | Tax rate bill ÷ value | 2-bed rent HUD 2026 |
|---|---|---|---|---|---|
| Five Points | – | $173K | $120K | 0.31% | $1,100 |
“—” under Cost: not graded (too little Census data, or under 1,000 residents).
Questions about the cost of living in Five Points
How much is rent in Five Points?
HUD puts a two-bedroom at about $1,100 a month with utilities, the going rate for someone moving in.
What are property taxes in Five Points?
The median bill is $372 a year, 0.31% of the median home value (Alabama: $788, 0.38%), from the Census 2020–24.
Why doesn’t Five Points have a cost of living grade?
Five Points is too small for a cost of living grade (TownRatings grades places of 1,000 or more).
Neighbors talk housing
What Five Points buyers, sellers and renters are saying.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, September 2026. Sales, days on market and supply: Redfin Data Center, April 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. The calculator is an estimate, not a loan offer. Regional price levels: BEA; electricity: EIA. How TownRatings grades cost of living.