Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lock Three area can be challenging. Home prices in Lock Three are now at a median cost of $136,327, lower than the Alabama average of $185,232.
The average cost of rent is $684/mo in Lock Three, primarily driven by the current value of real estate in the Lock Three area. While nearly 58.82% of residents own their homes outright in Lock Three, 23.84% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lock Three is $4,692 per month. Households that rent pay about 14.57% of their income on rent here. Lock Three's most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Thorntontown, AL: equally priced homes
- Red Bank, AL: less expensive homes
- Mitchelltown, AL: higher priced homes
- Rogersville, AL: higher priced homes
- Killen, AL: higher priced homes
- Lock Six, AL: higher priced homes
- Whitehead, AL: less expensive homes
- Nitrate City, AL: higher priced homes
- Lakeview Highlands, AL: equally priced homes
- Oliver, AL: higher priced homes
Cities with Similar Populations
- Van Wert, IA: less expensive homes
- Dunningville, MI: higher priced homes
- East Alton, NH: higher priced homes
- East Berkshire, VT: higher priced homes
- East Dorset, VT: higher priced homes
- Eau Claire, PA: higher priced homes
- Troy Town, WV: less expensive homes
- Tuggle, VA: higher priced homes
- Tuppers Plains, OH: equally priced homes
- Tuskahoma, OK: less expensive homes
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