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These days, finding an affordable place to live in the Madison Crossroads area can be challenging. Home prices in Madison Crossroads are now at a median cost of $204,100, lower than the Alabama average of $228,911.
The average cost of rent is $447/mo in Madison Crossroads, primarily driven by the current value of real estate in the Madison Crossroads area. In Madison Crossroads, 23.56% of households rent, and 55.31% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Madison Crossroads is $3,962 per month. Households that rent pay about 11.28% of their income on rent here. Madison Crossroads’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
- Gonce, AL: equally priced homes
- Rash, AL: less expensive homes
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- Montague, AL: higher priced homes
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Cities with Similar Populations
- Tinela, AL: less expensive homes
- Tres Ritos, NM: less expensive homes
- Tralake, MS: less expensive homes
- Townsville, VA: higher priced homes
- Tormey, CA: higher priced homes
- Tolland, CO: higher priced homes
- Toledo, TX: equally priced homes
- Todds, OH: less expensive homes
- Tobe, CO: higher priced homes
- Triadelphia, OH: less expensive homes
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