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These days, finding an affordable place to live in the Midland City area can be challenging. Home prices in Midland City are now at a median cost of $169,498, lower than the Alabama average of $228,911.
The average cost of rent is $930/mo in Midland City, primarily driven by the current value of real estate in the Midland City area. In Midland City, 43.73% of households rent, and 34.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Midland City is $5,071 per month. Households that rent pay about 18.35% of their income on rent here. Midland City’s most expensive areas are in the southern 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
- Napier Field, AL: less expensive homes
- Grimes, AL: less expensive homes
- Pinckard, AL: equally priced homes
- Blackwood, AL: higher priced homes
- Newton, AL: higher priced homes
- Waterford, AL: equally priced homes
- Dothan, AL: higher priced homes
- Browns Crossroads, AL: less expensive homes
- Kinsey, AL: less expensive homes
- Wicksburg, AL: higher priced homes
Cities with Similar Populations
- Moriarty, NM: less expensive homes
- Perry, OK: less expensive homes
- Mount Vernon, IA: higher priced homes
- Mount Healthy, OH: equally priced homes
- Mount Carmel, PA: less expensive homes
- Mount Arlington, NJ: higher priced homes
- Mount Airy, GA: higher priced homes
- Moundville, AL: higher priced homes
- Morton, PA: higher priced homes
- Morrison, IL: equally priced homes
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