Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Munford area can be challenging. Home prices in Munford are now at a median cost of $123,108, lower than the Alabama average of $185,232.
The average cost of rent is $853/mo in Munford, primarily driven by the current value of real estate in the Munford area. While nearly 51.12% of residents own their homes outright in Munford, 25.08% rent.
Housing affordability isn’t just about home prices, though. The average household income in Munford is $4,966 per month. Households that rent pay about 17.17% of their income on rent here. Munford's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Jenifer, AL: less expensive homes
- McElderry, AL: less expensive homes
- Silver Run, AL: higher priced homes
- Eastaboga, AL: equally priced homes
- Vinnette, AL: equally priced homes
- Woolfolk, AL: less expensive homes
- Oxford, AL: higher priced homes
- Stockdale, AL: less expensive homes
- Hobson City, AL: less expensive homes
- West End-Cobb Town, AL: less expensive homes
Cities with Similar Populations
- Englewood Cliffs, NJ: higher priced homes
- East Quogue, NY: higher priced homes
- East Sandwich, MA: higher priced homes
- Eastwood, MI: less expensive homes
- Eclectic, AL: higher priced homes
- Edgefield, SC: higher priced homes
- Edinburgh, IN: higher priced homes
- El Dorado Springs, MO: equally priced homes
- Elba, AL: less expensive homes
- Emmitsburg, MD: higher priced homes
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