Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Foley area can be challenging. Home prices in Foley are now at a median cost of $211,777, higher than the Alabama average of $185,232.
The average cost of rent is $968/mo in Foley, primarily driven by the current value of real estate in the Foley area. While nearly 41.13% of residents own their homes outright in Foley, 25.34% rent.
Housing affordability isn’t just about home prices, though. The average household income in Foley is $4,685 per month. Households that rent pay about 20.65% of their income on rent here. Foley's most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Magnolia Springs, AL: higher priced homes
- Miflin, AL: equally priced homes
- Bon Secour, AL: higher priced homes
- Summerdale, AL: equally priced homes
- Elberta, AL: less expensive homes
- Gulf Shores, AL: higher priced homes
- Josephine, AL: higher priced homes
- Orange Beach, AL: higher priced homes
- Perdido Beach, AL: less expensive homes
- Lillian, AL: less expensive homes
Cities with Similar Populations
- Albertville, AL: less expensive homes
- Lockport, IL: higher priced homes
- Fair Oaks, VA: higher priced homes
- Troy, OH: less expensive homes
- University Park, FL: higher priced homes
- Montrose, CO: higher priced homes
- Westlake, OH: higher priced homes
- Westmont, CA: higher priced homes
- Wheat Ridge, CO: higher priced homes
- Collegeville, PA: higher priced homes
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