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These days, finding an affordable place to live in the Auburn area can be challenging. Home prices in Auburn are now at a median cost of $243,409, higher than the Alabama average of $185,232.
The average cost of rent is $1,039/mo in Auburn, primarily driven by the current value of real estate in the Auburn area. While nearly 46.72% of residents own their homes outright in Auburn, 47.15% rent.
Housing affordability isn’t just about home prices, though. The average household income in Auburn is $5,171 per month. Households that rent pay about 20.09% of their income on rent here. Auburn's most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Pepperell, AL: less expensive homes
- Waverly, AL: equally priced homes
- Loachapoka, AL: less expensive homes
- Opelika, AL: less expensive homes
- Farmville, AL: higher priced homes
- Oak Bowery, AL: less expensive homes
- Jamesville, AL: less expensive homes
- Mount Jefferson, AL: less expensive homes
- Round Mountain, AL: less expensive homes
- Roanoke Junction, AL: less expensive homes
Cities with Similar Populations
- Pleasanton, CA: higher priced homes
- Philadelphia, PA: higher priced homes
- Memphis, TN: less expensive homes
- McDonough, GA: equally priced homes
- Milpitas, CA: higher priced homes
- Melbourne, FL: equally priced homes
- Mechanicsburg, PA: equally priced homes
- Metairie, LA: equally priced homes
- Miramar, FL: higher priced homes
- Minneapolis, MN: higher priced homes
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