
Home Price Key
These days, finding an affordable place to live in the Montevallo area can be challenging. Home prices in Montevallo are now at a median cost of $142,702, lower than the Alabama average of $185,232.
The average cost of rent is $976/mo in Montevallo, primarily driven by the current value of real estate in the Montevallo area. While nearly 38.16% of residents own their homes outright in Montevallo, 29.48% rent.
Housing affordability isn’t just about home prices, though. The average household income in Montevallo is $4,303 per month. Households that rent pay about 22.68% of their income on rent here. Montevallo's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Wilton, AL: less expensive homes
- Ryan, AL: higher priced homes
- Dargin, AL: higher priced homes
- Calera, AL: higher priced homes
- Minooka, AL: less expensive homes
- Maylene, AL: higher priced homes
- Wessington, AL: less expensive homes
- Alabaster, AL: higher priced homes
- Brierfield, AL: less expensive homes
- Saginaw, AL: higher priced homes
Cities with Similar Populations
- Lakewood Park, FL: higher priced homes
- Sandwich, IL: higher priced homes
- Sandston, VA: higher priced homes
- Rossville, MD: higher priced homes
- Rodeo, CA: higher priced homes
- Rockwood, MI: higher priced homes
- Lindon, UT: higher priced homes
- Lincolnshire, IL: higher priced homes
- Lexington, NE: less expensive homes
- Latonia, KY: equally priced homes
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