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These days, finding an affordable place to live in the Monroeville area can be challenging. Home prices in Monroeville are now at a median cost of $132,782, lower than the Alabama average of $228,911.
The average cost of rent is $719/mo in Monroeville, primarily driven by the current value of real estate in the Monroeville area. In Monroeville, 38.72% of households rent, and 51.32% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Monroeville is $3,503 per month. Households that rent pay about 20.52% of their income on rent here. Monroeville’s most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Mexia Crossing, AL: equally priced homes
- Mexia, AL: less expensive homes
- Excel, AL: higher priced homes
- Frisco City, AL: equally priced homes
- Peterman, AL: less expensive homes
- Fountain, AL: less expensive homes
- Repton, AL: equally priced homes
- Tunnel Springs, AL: less expensive homes
- Perdue Hill, AL: less expensive homes
- Nichburg, AL: higher priced homes
Cities with Similar Populations
- Winterville, GA: higher priced homes
- Yarmouth, ME: higher priced homes
- Yacolt, WA: higher priced homes
- Wyoming, OH: higher priced homes
- Lake Lorraine, FL: higher priced homes
- Wyncote, PA: higher priced homes
- Wynantskill, NY: higher priced homes
- Wrightsville, PA: higher priced homes
- Worley, NC: higher priced homes
- Woodstown, NJ: higher priced homes
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