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These days, finding an affordable place to live in the Mountain Grove area can be challenging. Home prices in Mountain Grove are now at a median cost of $135,321, lower than the Alabama average of $228,911.
The average cost of rent is $769/mo in Mountain Grove, primarily driven by the current value of real estate in the Mountain Grove area. In Mountain Grove, 36.62% of households rent, and 44.71% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mountain Grove is $4,485 per month. Households that rent pay about 17.15% of their income on rent here. Mountain Grove’s most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Gum Springs, AL: equally priced homes
- Walter, AL: higher priced homes
- Blountsville, AL: equally priced homes
- North Walter, AL: less expensive homes
- Red Hill, AL: higher priced homes
- Holly Pond, AL: higher priced homes
- Nectar, AL: higher priced homes
- Cleveland, AL: higher priced homes
- Hanceville, AL: higher priced homes
- Garden City, AL: less expensive homes
Cities with Similar Populations
- Elm Hall, MI: equally priced homes
- Vadito, NM: higher priced homes
- Union, NE: higher priced homes
- Union City, KY: higher priced homes
- Twin Oaks, OK: less expensive homes
- Tutor Key, KY: equally priced homes
- Turin, NY: higher priced homes
- Tunis, TX: higher priced homes
- Triumph, ID: higher priced homes
- Tres Pinos, CA: higher priced homes
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