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These days, finding an affordable place to live in the McKinley area can be challenging. Home prices in McKinley are now at a median cost of $76,176, lower than the Alabama average of $228,911.
The average cost of rent is $727/mo in McKinley, primarily driven by the current value of real estate in the McKinley area. In McKinley, 19.02% of households rent, and 74.30% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in McKinley is $3,566 per month. Households that rent pay about 20.39% of their income on rent here. McKinley’s most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Consul, AL: less expensive homes
- Safford, AL: higher priced homes
- Thomaston, AL: equally priced homes
- Catherine, AL: less expensive homes
- Flatwood, AL: less expensive homes
- Dayton, AL: less expensive homes
- Prairie, AL: less expensive homes
- Rehoboth, AL: less expensive homes
- Lamison, AL: less expensive homes
- Alberta, AL: less expensive homes
Cities with Similar Populations
- Wortham, MO: higher priced homes
- Barnes Corners, NY: higher priced homes
- Barnesville, MO: higher priced homes
- Barnhart, TX: higher priced homes
- Barretts Mills, OH: higher priced homes
- Barton, AL: higher priced homes
- Xenia, KS: higher priced homes
- Bathgate, ND: higher priced homes
- Wynnburg, TN: higher priced homes
- Bearden, OK: higher priced homes
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