Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Mount Hope area can be challenging. Home prices in Mount Hope are now at a median cost of $158,235, lower than the Alabama average of $185,232.
The average cost of rent is $611/mo in Mount Hope, primarily driven by the current value of real estate in the Mount Hope area. While nearly 47.24% of residents own their homes outright in Mount Hope, 21.72% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mount Hope is $4,703 per month. Households that rent pay about 12.99% of their income on rent here. Mount Hope's most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Landersville, AL: equally priced homes
- Old Bethel, AL: equally priced homes
- Posey Mill, AL: less expensive homes
- Wolf Springs, AL: less expensive homes
- Hester Heights, AL: less expensive homes
- Wren, AL: less expensive homes
- Masterson Mill, AL: equally priced homes
- Russellville, AL: less expensive homes
- Moulton, AL: less expensive homes
- Littleville, AL: less expensive homes
Cities with Similar Populations
- Cat Spring, TX: higher priced homes
- Porter, ME: equally priced homes
- Okeene, OK: less expensive homes
- Palatine Bridge, NY: less expensive homes
- Pattonville, TX: less expensive homes
- Paw Paw, IL: less expensive homes
- Pine Knoll Shores, NC: higher priced homes
- Poncha Springs, CO: higher priced homes
- Poplar, WI: equally priced homes
- Oaktown, IN: less expensive homes
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