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Affordable
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These days, finding an affordable place to live in the Mount Sterling area can be challenging. Home prices in Mount Sterling are now at a median cost of $155,717, lower than the Alabama average of $228,911.
The average cost of rent is $717/mo in Mount Sterling, primarily driven by the current value of real estate in the Mount Sterling area. In Mount Sterling, 24.48% of households rent, and 62.86% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mount Sterling is $4,131 per month. Households that rent pay about 17.35% of their income on rent here. Mount Sterling’s most expensive areas are in the eastern 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
- Butler, AL: equally priced homes
- Lavaca, AL: higher priced homes
- Cromwell, AL: less expensive homes
- Putnam, AL: less expensive homes
- Pleasant Hill, AL: less expensive homes
- Hodgewood, AL: higher priced homes
- Tompkinsville, AL: less expensive homes
- Toxey, AL: less expensive homes
- Pushmataha, AL: less expensive homes
- Land, AL: less expensive homes
Cities with Similar Populations
- Tinian, NM: less expensive homes
- Felixville, LA: higher priced homes
- Finesville, NJ: higher priced homes
- Fletcher, VT: higher priced homes
- Flora, LA: higher priced homes
- Forbing Park, AZ: higher priced homes
- Forest City, MO: less expensive homes
- Forest Park, PA: higher priced homes
- Staffordville, CT: higher priced homes
- Steuben, WI: higher priced homes
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