Home Price Key
Affordable
Average
Expensive
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 $82,890, lower than the Alabama average of $185,232.
The average cost of rent is $542/mo in Midway, primarily driven by the current value of real estate in the Midway area. While nearly 74.83% of residents own their homes outright in Midway, 32.88% rent.
Housing affordability isn’t just about home prices, though. The average household income in Midway is $2,814 per month. Households that rent pay about 19.25% of their income on rent here. Midway's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Enon, AL: equally priced homes
- Three Notch, AL: less expensive homes
- Mount Andrew, AL: higher priced homes
- Smuteye, AL: higher priced homes
- Spring Hill, AL: higher priced homes
- Armstrong, AL: less expensive homes
- Blues Old Stand, AL: higher priced 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: equally priced homes
- Rosalia, WA: higher priced homes
- Roscoe, MN: higher priced homes
- Rowley, IA: higher priced homes
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