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These days, finding an affordable place to live in the Alexander City area can be challenging. Home prices in Alexander City are now at a median cost of $177,310, lower than the Alabama average of $228,911.
The average cost of rent is $699/mo in Alexander City, primarily driven by the current value of real estate in the Alexander City area. In Alexander City, 32.35% of households rent, and 49.55% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Alexander City is $4,353 per month. Households that rent pay about 16.07% of their income on rent here. Alexander City’s most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Bevelle, AL: less expensive homes
- Kellyton, AL: less expensive homes
- Soleo, AL: less expensive homes
- Jacksons' Gap, AL: higher priced homes
- Our Town, AL: higher priced homes
- Hackneyville, AL: less expensive homes
- Cottage Grove, AL: equally priced homes
- Nixburg, AL: higher priced homes
- New Site, AL: less expensive homes
- Goodwater, AL: less expensive homes
Cities with Similar Populations
- Burke Centre, VA: higher priced homes
- Chaparral, NM: less expensive homes
- Senoia, GA: higher priced homes
- Hershey, PA: higher priced homes
- Highland, MI: higher priced homes
- Trenton, OH: higher priced homes
- Horsham, PA: higher priced homes
- Carmel, NY: higher priced homes
- Jamestown, NC: higher priced homes
- Valle Vista, CA: higher priced homes
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