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These days, finding an affordable place to live in the Mountain Home area can be challenging. Home prices in Mountain Home are now at a median cost of $150,479, lower than the Alabama average of $228,911.
The average cost of rent is $876/mo in Mountain Home, primarily driven by the current value of real estate in the Mountain Home area. In Mountain Home, 14.27% of households rent, and 63.31% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mountain Home is $4,866 per month. Households that rent pay about 18.01% of their income on rent here. Mountain Home’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Courtland, AL: less expensive homes
- Rocky Hill, AL: less expensive homes
- North Courtland, AL: less expensive homes
- Town Creek, AL: higher priced homes
- Masterson Mill, AL: higher priced homes
- Wolf Springs, AL: higher priced homes
- Hillsboro, AL: equally priced homes
- Fish Pond, AL: higher priced homes
- Red Bank, AL: less expensive homes
- Trinity, AL: higher priced homes
Cities with Similar Populations
- Hollis Crossroads, AL: less expensive homes
- Hannibal, WI: higher priced homes
- Hardscrabble, DE: higher priced homes
- Hatchetville, TX: higher priced homes
- Hendricks, KY: less expensive homes
- Hibbard, IN: higher priced homes
- Hico, TN: less expensive homes
- Hillview, IL: less expensive homes
- Hiteman, IA: higher priced homes
- Hannibal, OH: less expensive homes
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