Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Morgan County area can be challenging. Home prices in Morgan County are now at a median cost of $200,325, lower than the Alabama average of $228,911.
The average cost of rent is $931/mo in Morgan County, primarily driven by the current value of real estate in the Morgan County area. In Morgan County, 27.32% of households rent, and 46.65% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Morgan County is $6,077 per month. Households that rent pay about 15.31% of their income on rent here. Morgan County’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Lawrence County, AL: less expensive homes
- Franklin County, AL: less expensive homes
- DeKalb County, AL: less expensive homes
- Chattooga County, GA: less expensive homes
- Prentiss County, MS: less expensive homes
- Gordon County, GA: higher priced homes
- Union County, MS: less expensive homes
- Gilmer County, GA: higher priced homes
- Pickens County, GA: higher priced homes
- Dawson County, GA: higher priced homes
Counties with Similar Populations
- Ascension Parish, LA: higher priced homes
- Wood County, OH: higher priced homes
- Wichita County, TX: less expensive homes
- Washington County, TN: higher priced homes
- Washington County, RI: higher priced homes
- Tazewell County, IL: less expensive homes
- Tangipahoa Parish, LA: equally priced homes
- Sumter County, FL: higher priced homes
- Linn County, OR: higher priced homes
- Kendall County, IL: higher priced homes
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