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These days, finding an affordable place to live in the Lightwood area can be challenging. Home prices in Lightwood are now at a median cost of $266,763, higher than the Alabama average of $228,911.
The average cost of rent is $841/mo in Lightwood, primarily driven by the current value of real estate in the Lightwood area. In Lightwood, 12.76% of households rent, and 63.51% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lightwood is $6,666 per month. Households that rent pay about 12.62% of their income on rent here. Lightwood’s most expensive areas are in the eastern 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
- Titus, AL: equally priced homes
- Speed, AL: less expensive homes
- Pine Flat, AL: equally priced homes
- Holtville, AL: equally priced homes
- Marbury, AL: less expensive homes
- Verbena, AL: less expensive homes
- Hissop, AL: less expensive homes
- New Prospect, AL: less expensive homes
- Equality, AL: higher priced homes
- Santuck, AL: less expensive homes
Cities with Similar Populations
- Villa Ridge, IL: less expensive homes
- Dilltown, PA: less expensive homes
- Dinosaur, CO: equally priced homes
- Dixie, MS: less expensive homes
- Donnally Mills, PA: less expensive homes
- Dorchester, IA: equally priced homes
- Dos Rios, CA: higher priced homes
- Union Water Works, PA: higher priced homes
- Upton, TX: higher priced homes
- Varney, MT: higher priced homes
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