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Affordable
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These days, finding an affordable place to live in the Lowry Mill area can be challenging. Home prices in Lowry Mill are now at a median cost of $131,379, lower than the Alabama average of $228,911.
The average cost of rent is $809/mo in Lowry Mill, primarily driven by the current value of real estate in the Lowry Mill area. In Lowry Mill, 16.28% of households rent, and 70.11% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lowry Mill is $4,801 per month. Households that rent pay about 16.85% of their income on rent here. Lowry Mill’s most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Victoria, AL: higher priced homes
- Jack, AL: equally priced homes
- Zoar, AL: less expensive homes
- Tabernacle, AL: higher priced homes
- Java, AL: higher priced homes
- Elba, AL: equally priced homes
- Roeton, AL: higher priced homes
- Tarentum, AL: equally priced homes
- Bullock, AL: higher priced homes
- Rocky Head, AL: higher priced homes
Cities with Similar Populations
- Elton, NY: higher priced homes
- Tunker, IN: higher priced homes
- Tucker, OK: equally priced homes
- Trowbridge, IL: higher priced homes
- Trommald, MN: higher priced homes
- Emmett, KS: higher priced homes
- Emery, UT: higher priced homes
- Emeigh, PA: equally priced homes
- Elyria, NE: higher priced homes
- Turkey Creek, AR: higher priced homes
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