Expensive
Affordable
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These days, finding an affordable place to live in the Mitchell area can be challenging. Home prices in Mitchell are now at a median cost of $74,600, lower than the Alabama average of $228,911.
The average cost of rent is $548/mo in Mitchell, primarily driven by the current value of real estate in the Mitchell area. In Mitchell, 17.71% of households rent, and 69.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mitchell is $4,023 per month. Households that rent pay about 13.62% of their income on rent here. Mitchell’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Fitzpatrick, AL: higher priced homes
- Mathews, AL: higher priced homes
- Cecil, AL: higher priced homes
- Pike Road, AL: higher priced homes
- Merry, AL: higher priced homes
- Teasleys Mill, AL: higher priced homes
- Shorter, AL: higher priced homes
- Thompson, AL: higher priced homes
- Perrys Mill, AL: higher priced homes
- Brassell, AL: higher priced homes
Cities with Similar Populations
- Roth, ND: higher priced homes
- Russell, ND: higher priced homes
- Rupert, VT: higher priced homes
- Rupert, PA: higher priced homes
- Ruidosa, TX: higher priced homes
- Rugby, TX: higher priced homes
- Rudd, AR: higher priced homes
- Rowes Corner, NC: higher priced homes
- Round Mountain, AL: higher priced homes
- Rutherford, KY: less expensive homes
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