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These days, finding an affordable place to live in the Mitchelltown area can be challenging. Home prices in Mitchelltown are now at a median cost of $225,994, lower than the Alabama average of $228,911.
The average cost of rent is $1,058/mo in Mitchelltown, primarily driven by the current value of real estate in the Mitchelltown area. In Mitchelltown, 20.16% of households rent, and 48.24% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mitchelltown is $6,841 per month. Households that rent pay about 15.46% of their income on rent here. Mitchelltown’s most expensive areas are in the southern 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
- Killen, AL: equally priced homes
- Lexington, AL: less expensive homes
- Lock Three, AL: equally priced homes
- Thorntontown, AL: less expensive homes
- Whitehead, AL: less expensive homes
- Lock Six, AL: higher priced homes
- Rogersville, AL: equally priced homes
- Red Bank, AL: less expensive homes
- St. Florian, AL: higher priced homes
- Anderson, AL: less expensive homes
Cities with Similar Populations
- Sherrill, MO: less expensive homes
- Milnesville, PA: equally priced homes
- Monches, WI: higher priced homes
- Moselle, SC: less expensive homes
- Mount Carmel, IN: equally priced homes
- Scotch Grove, IA: equally priced homes
- Sellersville, AL: less expensive homes
- Shepard, SC: less expensive homes
- Sheridan, IA: higher priced homes
- Millboro Springs, VA: less expensive homes
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