Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Highland Lake area can be challenging. Home prices in Highland Lake are now at a median cost of $161,500, lower than the Alabama average of $185,232.
The average cost of rent is $757/mo in Highland Lake, primarily driven by the current value of real estate in the Highland Lake area. While nearly 55.42% of residents own their homes outright in Highland Lake, 16.16% rent.
Housing affordability isn’t just about home prices, though. The average household income in Highland Lake is $3,604 per month. Households that rent pay about 21.00% of their income on rent here. Highland Lake's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Champion, AL: higher priced homes
- Straight Mountain, AL: less expensive homes
- Oneonta, AL: equally priced homes
- Taits Gap, AL: less expensive homes
- Allgood, AL: equally priced homes
- Pinedale Shores, AL: equally priced homes
- Springville, AL: higher priced homes
- Hoods Crossroads, AL: higher priced homes
- Rosa, AL: less expensive homes
- Springville Lake Estates, AL: higher priced homes
Cities with Similar Populations
- Hubert, GA: less expensive homes
- Lima, OK: less expensive homes
- Lewis Crossroads, SC: less expensive homes
- Iroquois, SD: equally priced homes
- Ione, GA: less expensive homes
- Idledale, CO: higher priced homes
- Ida, AR: less expensive homes
- Hunts Point, WA: higher priced homes
- Huntersville, WV: less expensive homes
- Hume, MO: less expensive homes
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