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Affordable
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These days, finding an affordable place to live in the Morvin area can be challenging. Home prices in Morvin are now at a median cost of $82,387, lower than the Alabama average of $228,911.
The average cost of rent is $730/mo in Morvin, primarily driven by the current value of real estate in the Morvin area. In Morvin, 17.79% of households rent, and 68.63% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Morvin is $4,126 per month. Households that rent pay about 17.69% of their income on rent here. Morvin’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
- Lasca, AL: higher priced homes
- Campbell, AL: higher priced homes
- Putnam, AL: higher priced homes
- Bashi, AL: higher priced homes
- Exmoor, AL: less expensive homes
- Cromwell, AL: higher priced homes
- Nicholsville, AL: higher priced homes
- Pleasant Hill, AL: higher priced homes
- Mount Sterling, AL: higher priced homes
- West Bend, AL: less expensive homes
Cities with Similar Populations
- Kingstown, MD: higher priced homes
- Kellysville, WV: higher priced homes
- Kenna, NM: higher priced homes
- Kennard, VA: higher priced homes
- Kennedy Mill, PA: higher priced homes
- Kent, OR: higher priced homes
- Kimages, VA: higher priced homes
- Kimball, WI: higher priced homes
- Kimery, TN: higher priced homes
- Kinbrae, MN: higher priced homes
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