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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 $157,900, lower than the Alabama average of $228,911.
The average cost of rent is $629/mo in Moreland, primarily driven by the current value of real estate in the Moreland area. In Moreland, 11.78% of households rent, and 80.89% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Moreland is $4,557 per month. Households that rent pay about 13.80% 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.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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: less expensive homes
- Inmanfield, AL: less expensive homes
- Upshaw, AL: less expensive homes
- New Georgia, AL: higher priced homes
- DeFoor, AL: less expensive homes
- Pebble, AL: less expensive homes
Cities with Similar Populations
- Seven Pines, WV: equally priced homes
- Lostwood, ND: higher priced homes
- Lourdes, IA: equally priced homes
- Lowell, ME: equally priced homes
- Lower Cabot, VT: higher priced homes
- Ludlow, SD: equally priced homes
- Lumber City, PA: less expensive homes
- Lumberton, VA: higher priced homes
- Scranton, TX: less expensive homes
- Seanor, PA: equally priced homes
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