Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Decatur area can be challenging. Home prices in Decatur are now at a median cost of $152,556, lower than the Alabama average of $185,232.
The average cost of rent is $760/mo in Decatur, primarily driven by the current value of real estate in the Decatur area. While nearly 45.71% of residents own their homes outright in Decatur, 33.24% rent.
Housing affordability isn’t just about home prices, though. The average household income in Decatur is $4,879 per month. Households that rent pay about 15.59% of their income on rent here. Decatur's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Priceville, AL: higher priced homes
- Trinity, AL: equally priced homes
- Mooresville, AL: higher priced homes
- Oak Ridge, AL: higher priced homes
- Belle Mina, AL: higher priced homes
- Hartselle, AL: equally priced homes
- Fish Pond, AL: less expensive homes
- Flower Hill, AL: higher priced homes
- Hillsboro, AL: less expensive homes
- Danville, AL: equally priced homes
Cities with Similar Populations
- Hot Springs, AR: equally priced homes
- Orland Park, IL: higher priced homes
- Little Elm, TX: higher priced homes
- Lebanon, PA: equally priced homes
- San Clemente, CA: higher priced homes
- Eden Prairie, MN: higher priced homes
- Coon Rapids, MN: higher priced homes
- Belleville, IL: less expensive homes
- Bay City, MI: less expensive homes
- Towson, MD: higher priced homes
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