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Affordable
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These days, finding an affordable place to live in the Alger area can be challenging. Home prices in Alger are now at a median cost of $125,395, lower than the Ohio average of $236,816.
The average cost of rent is $971/mo in Alger, primarily driven by the current value of real estate in the Alger area. In Alger, 19.50% of households rent, and 59.47% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Alger is $4,052 per month. Households that rent pay about 23.96% of their income on rent here. Alger’s most expensive areas are in the southeastern 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
- McGuffey, OH: equally priced homes
- Ada, OH: higher priced homes
- West Newton, OH: higher priced homes
- Harrod, OH: higher priced homes
- Maysville, OH: higher priced homes
- Foraker, OH: higher priced homes
- Lafayette, OH: higher priced homes
- Holden, OH: higher priced homes
- Westminster, OH: higher priced homes
- Jump, OH: higher priced homes
Cities with Similar Populations
- Pescadero, CA: higher priced homes
- Mantua, UT: higher priced homes
- Thompson, MO: higher priced homes
- Dover Beaches North, NJ: higher priced homes
- Lockwood, NY: equally priced homes
- Seaview, WA: higher priced homes
- Neches, TX: higher priced homes
- Carlsbad North, NM: higher priced homes
- Peacocks Crossroads, NC: equally priced homes
- St. Regis, MT: higher priced homes
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