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Affordable
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These days, finding an affordable place to live in the Loango area can be challenging. Home prices in Loango are now at a median cost of $121,300, lower than the Alabama average of $228,911.
The average cost of rent is $927/mo in Loango, primarily driven by the current value of real estate in the Loango area. In Loango, 13.79% of households rent, and 58.60% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Loango is $5,380 per month. Households that rent pay about 17.23% of their income on rent here. Loango’s most expensive areas are in the central 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
- Beck, AL: equally priced homes
- Red Level, AL: less expensive homes
- Paul, AL: less expensive homes
- Carolina, AL: higher priced homes
- Andalusia, AL: higher priced homes
- River Falls, AL: higher priced homes
- Mount Union, AL: less expensive homes
- Gantt, AL: higher priced homes
- Libertyville, AL: higher priced homes
- Heath, AL: higher priced homes
Cities with Similar Populations
- West Barre, NY: higher priced homes
- Clark, WY: higher priced homes
- Claxton, KY: less expensive homes
- Connersville, KY: higher priced homes
- Copalis Beach, WA: higher priced homes
- Copeland, AL: higher priced homes
- Core, WV: higher priced homes
- Watson, AR: less expensive homes
- Wattsville, AL: higher priced homes
- Christine, TX: equally priced homes
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