Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Margerum area can be challenging. Home prices in Margerum are now at a median cost of $82,100, lower than the Alabama average of $185,232.
The average cost of rent is $754/mo in Margerum, primarily driven by the current value of real estate in the Margerum area. While nearly 51.07% of residents own their homes outright in Margerum, 37.20% rent.
Housing affordability isn’t just about home prices, though. The average household income in Margerum is $2,867 per month. Households that rent pay about 26.30% of their income on rent here. Margerum's most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Mount Hester, AL: higher priced homes
- Oldham, MS: higher priced homes
- Lime Kiln, AL: equally priced homes
- Cherokee, AL: equally priced homes
- Riverton, AL: equally priced homes
- Lane Springs, AL: equally priced homes
- Bishop, AL: equally priced homes
- Iuka, MS: higher priced homes
- Maud, AL: equally priced homes
- Mynot, AL: higher priced homes
Cities with Similar Populations
- El Mirage, CA: higher priced homes
- Friendly Corners, AZ: higher priced homes
- Fox Creek, CO: higher priced homes
- Fowlerville, NY: higher priced homes
- Forestburg, SD: higher priced homes
- Fitzgerald, AR: higher priced homes
- Fieldton, TX: less expensive homes
- Ficklin, IL: higher priced homes
- Feesburg, OH: higher priced homes
- Eve, MO: higher priced homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood