The Most Affordable Neighborhoods in Morrison Crossroads, AL by Home Value

 

Morrison Crossroads, AL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Morrison Crossroads area can be challenging. Home prices in Morrison Crossroads are now at a median cost of $136,100, lower than the Alabama average of $185,232.

The average cost of rent is $583/mo in Morrison Crossroads, primarily driven by the current value of real estate in the Morrison Crossroads area. While nearly 65.34% of residents own their homes outright in Morrison Crossroads, 14.85% rent.

Housing affordability isn’t just about home prices, though. The average household income in Morrison Crossroads is $5,313 per month. Households that rent pay about 10.97% of their income on rent here. Morrison Crossroads's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.


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