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Affordable
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These days, finding an affordable place to live in the Lincoln area can be challenging. Home prices in Lincoln are now at a median cost of $204,692, lower than the Alabama average of $228,911.
The average cost of rent is $869/mo in Lincoln, primarily driven by the current value of real estate in the Lincoln area. In Lincoln, 8.62% of households rent, and 52.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lincoln is $5,246 per month. Households that rent pay about 16.56% of their income on rent here. Lincoln’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Riverside, AL: equally priced homes
- Eastaboga, AL: less expensive homes
- Pell City, AL: equally priced homes
- Renfroe, AL: less expensive homes
- Wattsville, AL: equally priced homes
- Jenifer, AL: less expensive homes
- Talladega, AL: less expensive homes
- Cropwell, AL: higher priced homes
- Vinnette, AL: less expensive homes
- McElderry, AL: less expensive homes
Cities with Similar Populations
- Socorro, NM: less expensive homes
- Sitka, AK: higher priced homes
- Skidaway Island, GA: higher priced homes
- Skowhegan, ME: less expensive homes
- Sleepy Hollow, NY: higher priced homes
- Slinger, WI: higher priced homes
- Slingerlands, NY: higher priced homes
- Smiths Creek, MI: equally priced homes
- Smithsburg, MD: higher priced homes
- Smithville, TX: higher priced homes
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