Home Price Key
Affordable
Average
Expensive
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 $59,435, lower than the Alabama average of $185,232.
The average cost of rent is $1,042/mo in McDonald Chapel, primarily driven by the current value of real estate in the McDonald Chapel area. While nearly 80.24% of residents own their homes outright in McDonald Chapel, 39.38% rent.
Housing affordability isn’t just about home prices, though. The average household income in McDonald Chapel is $5,812 per month. Households that rent pay about 17.93% of their income on rent here. McDonald Chapel's most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the city.
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: equally priced homes
- Kinards, SC: higher priced homes
- Kingdom City, MO: higher priced homes
- Kingfield, TN: higher priced homes
- Kingsbury, NY: higher priced homes
- Kingsland, AR: equally priced homes
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