Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Mount Nebo area can be challenging. Home prices in Mount Nebo are now at a median cost of $110,950, lower than the Alabama average of $185,232.
The average cost of rent is $962/mo in Mount Nebo, primarily driven by the current value of real estate in the Mount Nebo area. While nearly 48.72% of residents own their homes outright in Mount Nebo, 31.65% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mount Nebo is $2,696 per month. Households that rent pay about 35.67% of their income on rent here. Mount Nebo's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Tyler, AL: higher priced homes
- Collirene, AL: less expensive homes
- Benton, AL: less expensive homes
- Petronia, AL: less expensive homes
- Casey, AL: less expensive homes
- White Hall, AL: less expensive homes
- Sardis, AL: less expensive homes
- Fostoria, AL: less expensive homes
- Mosses, AL: less expensive homes
- Gordonville, AL: less expensive homes
Cities with Similar Populations
- Slana, AK: higher priced homes
- Lost Creek, WA: higher priced homes
- Santa Elena, TX: less expensive homes
- Seguin, KS: equally priced homes
- Silver Lake, WV: higher priced homes
- Silver Peak, NV: less expensive homes
- Silverwood, LA: higher priced homes
- Simcoe, ND: higher priced homes
- Sims, IN: higher priced homes
- Sitka, SD: less expensive homes
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