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These days, finding an affordable place to live in the Lapine area can be challenging. Home prices in Lapine are now at a median cost of $130,999, lower than the Alabama average of $228,911.
The average cost of rent is $917/mo in Lapine, primarily driven by the current value of real estate in the Lapine area. In Lapine, 11.70% of households rent, and 68.63% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lapine is $4,557 per month. Households that rent pay about 20.12% of their income on rent here. Lapine’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Highland Home, AL: equally priced homes
- Naftel, AL: higher priced homes
- Davenport, AL: higher priced homes
- Sandy Ridge, AL: less expensive homes
- Grady, AL: higher priced homes
- Honoraville, AL: less expensive homes
- Ramer, AL: higher priced homes
- Letohatchee, AL: less expensive homes
- Fort Deposit, AL: less expensive homes
- Dublin, AL: higher priced homes
Cities with Similar Populations
- Pewamo, MI: higher priced homes
- Milo, IA: higher priced homes
- Morgan, MN: equally priced homes
- Morning Sun, IA: equally priced homes
- Mountain Ranch, CA: higher priced homes
- New Milton, WV: higher priced homes
- Oxford, MD: higher priced homes
- Palouse, WA: higher priced homes
- Parsonsfield, ME: higher priced homes
- Mer Rouge, LA: less expensive homes
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