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Affordable
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These days, finding an affordable place to live in the Mount Meigs area can be challenging. Home prices in Mount Meigs are now at a median cost of $244,881, higher than the Alabama average of $228,911.
The average cost of rent is $736/mo in Mount Meigs, primarily driven by the current value of real estate in the Mount Meigs area. In Mount Meigs, 9.20% of households rent, and 26.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mount Meigs is $7,394 per month. Households that rent pay about 9.95% of their income on rent here. Mount Meigs’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Perrys Mill, AL: higher priced homes
- Teasleys Mill, AL: higher priced homes
- Sprague, AL: less expensive homes
- Snowdoun, AL: less expensive homes
- Mathews, AL: higher priced homes
- Montgomery, AL: less expensive homes
- Pike Road, AL: higher priced homes
- Merry, AL: higher priced homes
- Hope Hull, AL: less expensive homes
- Pintlala, AL: less expensive homes
Cities with Similar Populations
- Hyampom, CA: higher priced homes
- Homer Hill, NY: less expensive homes
- Hopewell, IN: higher priced homes
- Hopkinton, NY: less expensive homes
- House Creek, MO: less expensive homes
- Howard, NY: less expensive homes
- Howards Ridge, MO: less expensive homes
- Hurdland, MO: less expensive homes
- Hutch, KY: less expensive homes
- Homelake, CO: higher priced homes
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