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These days, finding an affordable place to live in the McVay area can be challenging. Home prices in McVay are now at a median cost of $178,781, lower than the Alabama average of $228,911.
The average cost of rent is $674/mo in McVay, primarily driven by the current value of real estate in the McVay area. In McVay, 34.20% of households rent, and 52.90% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in McVay is $4,847 per month. Households that rent pay about 13.91% of their income on rent here. McVay’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
- Grove Hill, AL: less expensive homes
- Toddtown, AL: less expensive homes
- Whatley, AL: less expensive homes
- Peacock, AL: less expensive homes
- Carlton, AL: less expensive homes
- Zimco, AL: equally priced homes
- Dickinson, AL: less expensive homes
- Suggsville, AL: less expensive homes
- Greenwood, AL: less expensive homes
- Winn, AL: higher priced homes
Cities with Similar Populations
- Locust Grove, NY: equally priced homes
- South Byron, WI: higher priced homes
- Soldier Creek, SD: less expensive homes
- Smyrna, NC: higher priced homes
- Smithwick, TX: higher priced homes
- Skinnersburg, KY: higher priced homes
- Six Mile Run, PA: less expensive homes
- London Mills, IL: less expensive homes
- Logansville, OH: higher priced homes
- South Hanlon, TX: less expensive homes
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