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Affordable
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These days, finding an affordable place to live in the McDonald Chapel area can be challenging. Home prices in McDonald Chapel are now at a median cost of $102,849, lower than the Alabama average of $228,911.
The average cost of rent is $1,066/mo in McDonald Chapel, primarily driven by the current value of real estate in the McDonald Chapel area. In McDonald Chapel, 48.66% of households rent, and 80.28% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in McDonald Chapel is $5,700 per month. Households that rent pay about 18.71% of their income on rent here. McDonald Chapel’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Docena, AL: higher priced homes
- Pleasant Grove, AL: higher priced homes
- Fairfield, AL: higher priced homes
- Bayview, AL: less expensive homes
- Dolomite, AL: higher priced homes
- Forestdale, AL: higher priced homes
- Midfield, AL: higher priced homes
- Maytown, AL: higher priced homes
- Adamsville, AL: higher priced homes
- Sylvan Springs, AL: higher priced homes
Cities with Similar Populations
- McKey, OK: higher priced homes
- Justice, NC: higher priced homes
- Kansas, OH: higher priced homes
- Kerr, AR: higher priced homes
- Kimball, WV: less expensive homes
- Kinards, SC: higher priced homes
- Kingdom City, MO: higher priced homes
- Kingfield, TN: higher priced homes
- Kingsbury, NY: higher priced homes
- Kingsland, AR: less expensive homes
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