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Affordable
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These days, finding an affordable place to live in the Lynn area can be challenging. Home prices in Lynn are now at a median cost of $92,020, lower than the Alabama average of $228,911.
The average cost of rent is $714/mo in Lynn, primarily driven by the current value of real estate in the Lynn area. In Lynn, 18.71% of households rent, and 78.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lynn is $4,056 per month. Households that rent pay about 17.60% of their income on rent here. Lynn’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Natural Bridge, AL: less expensive homes
- Nauvoo, AL: higher priced homes
- Kansas, AL: less expensive homes
- Boar Tush, AL: less expensive homes
- Gold Mine, AL: higher priced homes
- Rock City, AL: equally priced homes
- Prospect, AL: higher priced homes
- Poplar Springs, AL: higher priced homes
- Delmar, AL: higher priced homes
- Eldridge, AL: higher priced homes
Cities with Similar Populations
- Alexis, IL: higher priced homes
- Zorn, TX: higher priced homes
- Young America, MN: higher priced homes
- Winegars, MI: higher priced homes
- Williamsburg, NC: higher priced homes
- Whitehouse Forks, AL: higher priced homes
- West Mineola, TX: higher priced homes
- Webster, MN: higher priced homes
- Burley, WA: higher priced homes
- Bridger, MT: higher priced homes
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