Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the McDowell area can be challenging. Home prices in McDowell are now at a median cost of $205,852, higher than the Alabama average of $185,232.
The average cost of rent is $671/mo in McDowell, primarily driven by the current value of real estate in the McDowell area. While nearly 54.98% of residents own their homes outright in McDowell, 25.92% rent.
Housing affordability isn’t just about home prices, though. The average household income in McDowell is $7,535 per month. Households that rent pay about 8.90% of their income on rent here. McDowell's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
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Cities with Similar Populations
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- Chenega, AK: less expensive homes
- Chesterfield, ID: equally priced homes
- Sandy Pond, NY: less expensive homes
- Chopin, LA: equally priced homes
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