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Affordable
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These days, finding an affordable place to live in the Albion area can be challenging. Home prices in Albion are now at a median cost of $320,800, lower than the Idaho average of $450,170.
The average cost of rent is $2,574/mo in Albion, primarily driven by the current value of real estate in the Albion area. In Albion, 20.81% of households rent, and 44.86% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Albion is $7,957 per month. Households that rent pay about 32.35% of their income on rent here. Albion’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- View, ID: higher priced homes
- Declo, ID: higher priced homes
- Connor, ID: less expensive homes
- Springdale, ID: higher priced homes
- Idahome, ID: higher priced homes
- Unity, ID: equally priced homes
- Jackson, ID: equally priced homes
- Burley, ID: less expensive homes
- Pella, ID: equally priced homes
- Heyburn, ID: equally priced homes
Cities with Similar Populations
- Big Bay, MI: less expensive homes
- St. Francis, ME: less expensive homes
- Wainiha, HI: higher priced homes
- Speculator, NY: less expensive homes
- Anegam, AZ: less expensive homes
- Laws, CA: equally priced homes
- Foster, IN: less expensive homes
- Berea, NE: less expensive homes
- Round Valley, CA: higher priced homes
- Trinity Center, CA: equally priced homes
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