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Affordable
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These days, finding an affordable place to live in the Alamo area can be challenging. Home prices in Alamo are now at a median cost of $157,375, lower than the Tennessee average of $315,131.
The average cost of rent is $846/mo in Alamo, primarily driven by the current value of real estate in the Alamo area. In Alamo, 32.40% of households rent, and 46.79% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Alamo is $5,217 per month. Households that rent pay about 16.22% of their income on rent here. Alamo’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Cypress, TN: equally priced homes
- Quincy, TN: equally priced homes
- Cairo, TN: less expensive homes
- Frog Jump, TN: less expensive homes
- Bells, TN: higher priced homes
- Fruitvale, TN: higher priced homes
- Gadsden, TN: higher priced homes
- Maury City, TN: less expensive homes
- Crockett Mills, TN: equally priced homes
- Johnsons Grove, TN: higher priced homes
Cities with Similar Populations
- Munising, MI: equally priced homes
- Litchfield, OH: higher priced homes
- West Blocton, AL: less expensive homes
- Providence, KY: less expensive homes
- Pleasant Valley, WV: higher priced homes
- Oakbrook Terrace, IL: higher priced homes
- Newbury, OH: higher priced homes
- Sagamore Beach, MA: higher priced homes
- Castalia, OH: higher priced homes
- Drumright, OK: less expensive homes
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