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These days, finding an affordable place to live in the Lamison area can be challenging. Home prices in Lamison are now at a median cost of $69,056, lower than the Alabama average of $228,911.
The average cost of rent is $745/mo in Lamison, primarily driven by the current value of real estate in the Lamison area. In Lamison, 20.01% of households rent, and 71.73% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lamison is $4,226 per month. Households that rent pay about 17.63% of their income on rent here. Lamison’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Flatwood, AL: less expensive homes
- Hampden, AL: higher priced homes
- Pope, AL: equally priced homes
- Catherine, AL: less expensive homes
- Consul, AL: equally priced homes
- Arlington, AL: equally priced homes
- Magnolia, AL: higher priced homes
- Thomaston, AL: equally priced homes
- Kimbrough, AL: equally priced homes
- Vineland, AL: equally priced homes
Cities with Similar Populations
- Banat, MI: higher priced homes
- Bay City, WA: higher priced homes
- Averill, VT: higher priced homes
- Texas City, IL: higher priced homes
- Thorn Hollow, OR: higher priced homes
- Tererro, NM: higher priced homes
- Ben Arnold, TX: higher priced homes
- Sunnyside, AK: higher priced homes
- Anaconda-Deer Lodge County, MT: higher priced homes
- Sunville, PA: higher priced homes
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