The Most Affordable Neighborhoods in Minooka, AL by Home Value

 

Minooka, AL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Minooka area can be challenging. Home prices in Minooka are now at a median cost of $124,196, lower than the Alabama average of $228,911.

The average cost of rent is $870/mo in Minooka, primarily driven by the current value of real estate in the Minooka area. In Minooka, 24.74% of households rent, and 56.05% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Minooka is $4,887 per month. Households that rent pay about 17.80% of their income on rent here. Minooka’s most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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