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These days, finding an affordable place to live in the Lenox area can be challenging. Home prices in Lenox are now at a median cost of $171,527, lower than the Alabama average of $228,911.
The average cost of rent is $801/mo in Lenox, primarily driven by the current value of real estate in the Lenox area. In Lenox, 21.05% of households rent, and 61.71% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lenox is $3,574 per month. Households that rent pay about 22.42% of their income on rent here. Lenox’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- London, AL: less expensive homes
- Range, AL: less expensive homes
- Repton, AL: less expensive homes
- Castleberry, AL: less expensive homes
- Brooklyn, AL: higher priced homes
- Nichburg, AL: equally priced homes
- Wallace, AL: less expensive homes
- Excel, AL: less expensive homes
- Nymph, AL: less expensive homes
- Evergreen, AL: less expensive homes
Cities with Similar Populations
- Kingsley, KY: higher priced homes
- Ladoga, WI: higher priced homes
- Laceola, TX: higher priced homes
- Kylertown, PA: higher priced homes
- Kwethluk, AK: less expensive homes
- Kurten, TX: higher priced homes
- Kunkle, OH: less expensive homes
- Knob Lick, MO: higher priced homes
- Knightens Crossroads, AL: less expensive homes
- Kneeland, CA: higher priced homes
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