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Affordable
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These days, finding an affordable place to live in the Midway area can be challenging. Home prices in Midway are now at a median cost of $90,882, lower than the Alabama average of $228,911.
The average cost of rent is $602/mo in Midway, primarily driven by the current value of real estate in the Midway area. In Midway, 26.09% of households rent, and 81.38% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Midway is $3,712 per month. Households that rent pay about 16.22% of their income on rent here. Midway’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Enon, AL: equally priced homes
- Three Notch, AL: equally priced homes
- Mount Andrew, AL: higher priced homes
- Smuteye, AL: equally priced homes
- Spring Hill, AL: higher priced homes
- Armstrong, AL: less expensive homes
- Blues Old Stand, AL: less expensive homes
- Batesville, AL: higher priced homes
- Union Springs, AL: equally priced homes
- Hardaway, AL: equally priced homes
Cities with Similar Populations
- Sand Creek, WI: higher priced homes
- Iaeger, WV: less expensive homes
- Ila, GA: higher priced homes
- Inchelium, WA: higher priced homes
- Indian River, ME: higher priced homes
- Isadore, MI: higher priced homes
- Jacksonville, GA: higher priced homes
- Rosalia, WA: higher priced homes
- Roscoe, MN: higher priced homes
- Rowley, IA: higher priced homes
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