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These days, finding an affordable place to live in the Birmingham area can be challenging. Home prices in Birmingham are now at a median cost of $151,100, lower than the Missouri average of $246,641.
The average cost of rent is $1,464/mo in Birmingham, primarily driven by the current value of real estate in the Birmingham area. In Birmingham, 21.89% of households rent, and 53.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Birmingham is $4,549 per month. Households that rent pay about 32.19% of their income on rent here. Birmingham’s most expensive areas are in the central 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
- Randolph, MO: equally priced homes
- Claycomo, MO: equally priced homes
- Sugar Creek, MO: equally priced homes
- Glenaire, MO: higher priced homes
- Pleasant Valley, MO: higher priced homes
- Avondale, MO: higher priced homes
- Liberty, MO: higher priced homes
- South Liberty, MO: higher priced homes
- Independence, MO: higher priced homes
- North Kansas City, MO: higher priced homes
Cities with Similar Populations
- Browns, AL: less expensive homes
- Morgantown, OH: equally priced homes
- Port Alsworth, AK: higher priced homes
- Fishhook, IL: less expensive homes
- Kalaupapa, HI: higher priced homes
- Mule Town, OH: higher priced homes
- Flagg, TX: higher priced homes
- Myron, AR: less expensive homes
- Flintstone, PA: higher priced homes
- Forbes, ND: higher priced homes
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