Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Megargel area can be challenging. Home prices in Megargel are now at a median cost of $79,835, lower than the Alabama average of $185,232.
The average cost of rent is $709/mo in Megargel, primarily driven by the current value of real estate in the Megargel area. While nearly 76.48% of residents own their homes outright in Megargel, 11.00% rent.
Housing affordability isn’t just about home prices, though. The average household income in Megargel is $4,974 per month. Households that rent pay about 14.24% of their income on rent here. Megargel's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Frisco City, AL: higher priced homes
- Jeddo, AL: higher priced homes
- Excel, AL: higher priced homes
- Mexia Crossing, AL: higher priced homes
- Uriah, AL: higher priced homes
- Huxford, AL: higher priced homes
- Palmers Crossroads, AL: higher priced homes
- Repton, AL: higher priced homes
- Barnett Crossroads, AL: higher priced homes
- Range, AL: higher priced homes
Cities with Similar Populations
- Little Orleans, MD: higher priced homes
- Ridgeport, IN: higher priced homes
- Richtex, SC: higher priced homes
- Nicolaus, CA: higher priced homes
- Movella, MS: higher priced homes
- Mountain Village, AK: less expensive homes
- Mifflin, OH: higher priced homes
- Marion Heights, PA: equally priced homes
- Mackville, KY: higher priced homes
- Adona, AR: higher priced homes
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