Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the McKenzie area can be challenging. Home prices in McKenzie are now at a median cost of $76,163, lower than the Alabama average of $185,232.
The average cost of rent is $445/mo in McKenzie, primarily driven by the current value of real estate in the McKenzie area. While nearly 81.39% of residents own their homes outright in McKenzie, 16.39% rent.
Housing affordability isn’t just about home prices, though. The average household income in McKenzie is $3,859 per month. Households that rent pay about 11.53% of their income on rent here. McKenzie's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Shreve, AL: less expensive homes
- Garland, AL: higher priced homes
- Travis Bridge, AL: less expensive homes
- Georgiana, AL: equally priced homes
- Chapman, AL: higher priced homes
- Industry, AL: equally priced homes
- Owassa, AL: less expensive homes
- Brownville, AL: higher priced homes
- Oaky Streak, AL: equally priced homes
- Red Level, AL: higher priced homes
Cities with Similar Populations
- Granite Springs, NY: higher priced homes
- Stone Lake, WI: higher priced homes
- Steinhatchee, FL: higher priced homes
- Holmansville, NJ: higher priced homes
- Heritage Hills, NY: higher priced homes
- Haxtun, CO: higher priced homes
- Harristown, IL: higher priced homes
- Gruver, TX: higher priced homes
- Green Sea, SC: higher priced homes
- Green Ridge, MO: higher priced homes
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