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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 $248,800, higher than the Alabama average of $228,911.
The average cost of rent is $739/mo in Morrison Crossroads, primarily driven by the current value of real estate in the Morrison Crossroads area. In Morrison Crossroads, 16.37% of households rent, and 53.86% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Morrison Crossroads is $5,226 per month. Households that rent pay about 14.14% 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.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Newell, AL: less expensive homes
- Wedowee, AL: equally priced homes
- Haywood, AL: higher priced homes
- Micaville, AL: less expensive homes
- Woodland, AL: less expensive homes
- Graham, AL: less expensive homes
- Hightower, AL: equally priced homes
- Ofelia, AL: higher priced homes
- Hollis Crossroads, AL: less expensive homes
- Arbacoochee, AL: less expensive homes
Cities with Similar Populations
- Maricopa Village, AZ: higher priced homes
- Madero, TX: less expensive homes
- Madison Crossroads, AL: less expensive homes
- Magic Springs, AR: less expensive homes
- Mahoning, PA: less expensive homes
- Mahto, SD: less expensive homes
- Manchester, SD: less expensive homes
- Manchester, WA: higher priced homes
- Maple Leaf, SD: less expensive homes
- Macatawa, MI: higher priced homes
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