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Affordable
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These days, finding an affordable place to live in the Molloy area can be challenging. Home prices in Molloy are now at a median cost of $69,480, lower than the Alabama average of $228,911.
The average cost of rent is $530/mo in Molloy, primarily driven by the current value of real estate in the Molloy area. In Molloy, 12.01% of households rent, and 90.75% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Molloy is $4,174 per month. Households that rent pay about 12.70% of their income on rent here. Molloy’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
- Vernon, AL: higher priced homes
- Hightogy, AL: higher priced homes
- Caledonia, MS: higher priced homes
- Gattman, MS: higher priced homes
- Sulligent, AL: higher priced homes
- Hamilton, MS: higher priced homes
- Kolola Springs, MS: higher priced homes
- Lackey, MS: higher priced homes
- Belk, AL: higher priced homes
- Columbus AFB, MS: higher priced homes
Cities with Similar Populations
- Greenville, MO: higher priced homes
- Fruitland, WA: higher priced homes
- Fulton, CA: higher priced homes
- Gage, OK: higher priced homes
- Gagetown, MI: higher priced homes
- Georgesville, OH: higher priced homes
- Georgetown, LA: higher priced homes
- Glyndon, MD: higher priced homes
- Goldonna, LA: higher priced homes
- Granville, MA: higher priced homes
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