Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Bishop area can be challenging. Home prices in Bishop are now at a median cost of $82,100, lower than the Alabama average of $185,232.
The average cost of rent is $754/mo in Bishop, primarily driven by the current value of real estate in the Bishop area. While nearly 51.07% of residents own their homes outright in Bishop, 37.20% rent.
Housing affordability isn’t just about home prices, though. The average household income in Bishop is $2,867 per month. Households that rent pay about 26.30% of their income on rent here. Bishop's most expensive areas are in the northern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Maud, AL: equally priced homes
- Mynot, AL: higher priced homes
- Bloody Springs, MS: higher priced homes
- Mount Hester, AL: higher priced homes
- Tishomingo, MS: higher priced homes
- Margerum, AL: equally priced homes
- Oldham, MS: higher priced homes
- Pleasant Site, AL: higher priced homes
- Cherokee, AL: equally priced homes
- Dennis, MS: equally priced homes
Cities with Similar Populations
- Albion, TX: higher priced homes
- Lake Almanor, CA: higher priced homes
- Laneheart, MS: higher priced homes
- Wren, AL: higher priced homes
- Atlantic, ME: higher priced homes
- Lamar, TX: higher priced homes
- Lakeview, ID: higher priced homes
- Morgan, MT: higher priced homes
- Grand River, LA: higher priced homes
- Point Breeze, NY: higher priced homes
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