Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Moreland area can be challenging. Home prices in Moreland are now at a median cost of $89,500, lower than the Alabama average of $185,232.
The average cost of rent is $508/mo in Moreland, primarily driven by the current value of real estate in the Moreland area. While nearly 62.25% of residents own their homes outright in Moreland, 13.74% rent.
Housing affordability isn’t just about home prices, though. The average household income in Moreland is $3,769 per month. Households that rent pay about 13.48% of their income on rent here. Moreland's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Grayson, AL: less expensive homes
- Houston, AL: higher priced homes
- Double Springs, AL: less expensive homes
- Delmar, AL: less expensive homes
- Addison, AL: higher priced homes
- Inmanfield, AL: higher priced homes
- Upshaw, AL: higher priced homes
- New Georgia, AL: higher priced homes
- DeFoor, AL: less expensive homes
- Pebble, AL: equally priced homes
Cities with Similar Populations
- Seven Pines, WV: higher priced homes
- Lostwood, ND: higher priced homes
- Lourdes, IA: higher priced homes
- Lowell, ME: equally priced homes
- Lower Cabot, VT: higher priced homes
- Ludlow, SD: higher priced homes
- Lumber City, PA: higher priced homes
- Lumberton, VA: higher priced homes
- Scranton, TX: equally priced homes
- Seanor, PA: higher priced homes
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