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Affordable
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These days, finding an affordable place to live in the Muscle Shoals area can be challenging. Home prices in Muscle Shoals are now at a median cost of $211,927, lower than the Alabama average of $228,911.
The average cost of rent is $1,010/mo in Muscle Shoals, primarily driven by the current value of real estate in the Muscle Shoals area. In Muscle Shoals, 28.96% of households rent, and 46.18% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Muscle Shoals is $6,729 per month. Households that rent pay about 15.02% of their income on rent here. Muscle Shoals’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Steenson Hollow, AL: less expensive homes
- Lakeview Highlands, AL: less expensive homes
- Wilson Lake Shores, AL: less expensive homes
- Sheffield, AL: less expensive homes
- Colonial Heights, AL: higher priced homes
- Nitrate City, AL: equally priced homes
- Tuscumbia, AL: less expensive homes
- Spring Valley, AL: equally priced homes
- Leighton, AL: less expensive homes
- Florence, AL: less expensive homes
Cities with Similar Populations
- San Carlos Park, FL: higher priced homes
- Jacksonville, TX: less expensive homes
- Jenkintown, PA: higher priced homes
- Johnson City, NY: less expensive homes
- Johnstown, CO: higher priced homes
- Lakeway, TX: higher priced homes
- Riverton, NJ: higher priced homes
- Rockingham, NC: less expensive homes
- Rockmart, GA: higher priced homes
- Rockport, TX: higher priced homes
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