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These days, finding an affordable place to live in the Merry area can be challenging. Home prices in Merry are now at a median cost of $376,094, higher than the Alabama average of $228,911.
The average cost of rent is $1,598/mo in Merry, primarily driven by the current value of real estate in the Merry area. In Merry, 13.34% of households rent, and 23.67% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Merry is $10,031 per month. Households that rent pay about 15.93% of their income on rent here. Merry’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Pike Road, AL: equally priced homes
- Cecil, AL: higher priced homes
- Brassell, AL: less expensive homes
- Perrys Mill, AL: higher priced homes
- Emerald Mountain, AL: less expensive homes
- Ware, AL: less expensive homes
- Tysonville, AL: less expensive homes
- Mathews, AL: higher priced homes
- Montgomery, AL: less expensive homes
- Redland, AL: less expensive homes
Cities with Similar Populations
- Rossville, OK: less expensive homes
- Los Saenz, TX: less expensive homes
- Lowden, IA: less expensive homes
- Marblehead, OH: equally priced homes
- Mayo, SC: less expensive homes
- Millington, IL: less expensive homes
- Montour, IA: less expensive homes
- Mount Holly, OH: equally priced homes
- Ropesville, TX: less expensive homes
- Rosedale, VA: less expensive homes
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