Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Margaret area can be challenging. Home prices in Margaret are now at a median cost of $152,982, lower than the Alabama average of $185,232.
The average cost of rent is $962/mo in Margaret, primarily driven by the current value of real estate in the Margaret area. While nearly 34.31% of residents own their homes outright in Margaret, 17.62% rent.
Housing affordability isn’t just about home prices, though. The average household income in Margaret is $6,521 per month. Households that rent pay about 14.75% of their income on rent here. Margaret's most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Argo, AL: higher priced homes
- Odenville, AL: higher priced homes
- Moody, AL: higher priced homes
- Cook Springs, AL: higher priced homes
- St. Clair Springs, AL: equally priced homes
- Trussville, AL: higher priced homes
- Springville, AL: higher priced homes
- Clay, AL: higher priced homes
- Springville Lake Estates, AL: higher priced homes
- Leeds, AL: higher priced homes
Cities with Similar Populations
- Smiths Grove, KY: equally priced homes
- Amery, WI: higher priced homes
- Adamsville, AL: less expensive homes
- Rougemont, NC: higher priced homes
- Woods Creek, WA: higher priced homes
- Newbern, TN: less expensive homes
- New Market, MD: higher priced homes
- New Market, VA: higher priced homes
- New Providence, PA: higher priced homes
- New Tripoli, PA: higher priced homes
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