Home Price Key
Affordable
Average
Expensive
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 $154,672, lower than the Alabama average of $185,232.
The average cost of rent is $759/mo in Morgan County, primarily driven by the current value of real estate in the Morgan County area. While nearly 47.47% of residents own their homes outright in Morgan County, 25.89% rent.
Housing affordability isn’t just about home prices, though. The average household income in Morgan County is $5,167 per month. Households that rent pay about 14.70% 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.
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: equally 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: equally priced homes
- Tangipahoa Parish, LA: higher priced homes
- Sumter County, FL: higher priced homes
- Linn County, OR: higher priced homes
- Kendall County, IL: higher priced homes
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