Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Key area can be challenging. Home prices in Key are now at a median cost of $115,500, lower than the Alabama average of $185,232.
The average cost of rent is $720/mo in Key, primarily driven by the current value of real estate in the Key area. While nearly 58.58% of residents own their homes outright in Key, 28.67% rent.
Housing affordability isn’t just about home prices, though. The average household income in Key is $3,911 per month. Households that rent pay about 18.41% of their income on rent here. Key's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Rock Run, AL: equally priced homes
- Whorton, AL: less expensive homes
- Ellisville, AL: higher priced homes
- Centre, AL: higher priced homes
- Howells Crossroads, AL: higher priced homes
- Piney, AL: higher priced homes
- Pleasant Gap, AL: equally priced homes
- Esom Hill, AL: higher priced homes
- Spring Garden, AL: equally priced homes
- Tennala, AL: higher priced homes
Cities with Similar Populations
- Enright, AR: less expensive homes
- Twin Oaks, LA: less expensive homes
- Tyler, MO: higher priced homes
- Tyrone, CO: higher priced homes
- Ucolo, UT: higher priced homes
- Union City, WV: less expensive homes
- Unity, TX: higher priced homes
- Wiville, AR: less expensive homes
- Estes, AR: higher priced homes
- Estacado, TX: higher priced homes
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