Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Armstrong area can be challenging. Home prices in Armstrong are now at a median cost of $63,758, lower than the Alabama average of $185,232.
The average cost of rent is $823/mo in Armstrong, primarily driven by the current value of real estate in the Armstrong area. While nearly 75.88% of residents own their homes outright in Armstrong, 55.02% rent.
Housing affordability isn’t just about home prices, though. The average household income in Armstrong is $1,617 per month. Households that rent pay about 50.92% of their income on rent here. Armstrong's most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Hardaway, AL: higher priced homes
- Union Springs, AL: higher priced homes
- Perote, AL: higher priced homes
- Three Notch, AL: higher priced homes
- Thompson, AL: equally priced homes
- Bruceville, AL: higher priced homes
- Fort Davis, AL: less expensive homes
- Inverness, AL: higher priced homes
- Roba, AL: equally priced homes
- Enon, AL: higher priced homes
Cities with Similar Populations
- Big Rock, KY: equally priced homes
- Twodot, MT: higher priced homes
- Little Creek, DE: higher priced homes
- Wadesboro, LA: higher priced homes
- Crewsville, FL: higher priced homes
- Creole, LA: higher priced homes
- Pettigrew, AR: higher priced homes
- Lockport, IN: higher priced homes
- Opekiska, WV: higher priced homes
- East Haven, VT: higher priced homes
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