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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 $667,300, higher than the Washington average of $621,115.
The average cost of rent is $1,647/mo in Alger, primarily driven by the current value of real estate in the Alger area. In Alger, 4.23% of households rent, and 31.97% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Alger is $11,221 per month. Households that rent pay about 14.68% of their income on rent here. Alger’s most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Blanchard, WA: equally priced homes
- Wickersham, WA: less expensive homes
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- Saxon, WA: less expensive homes
- Sudden Valley, WA: less expensive homes
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- Acme, WA: less expensive homes
Cities with Similar Populations
- Fire Island, NY: equally priced homes
- Primehook Beach, DE: equally priced homes
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- Cape May Point, NJ: higher priced homes
- St. Croix, IN: less expensive homes
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- Shawver Mill, VA: less expensive homes
- Swan Valley, ID: less expensive homes
- Powelton, GA: less expensive homes
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