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These days, finding an affordable place to live in the Mynot area can be challenging. Home prices in Mynot are now at a median cost of $101,854, lower than the Alabama average of $228,911.
The average cost of rent is $793/mo in Mynot, primarily driven by the current value of real estate in the Mynot area. In Mynot, 26.37% of households rent, and 55.57% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mynot is $4,182 per month. Households that rent pay about 18.96% of their income on rent here. Mynot’s most expensive areas are in the southwestern 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
- Maud, AL: higher priced homes
- Bishop, AL: higher priced homes
- Mount Hester, AL: higher priced homes
- Pleasant Site, AL: higher priced homes
- Cherokee, AL: higher priced homes
- Red Rock, AL: higher priced homes
- Margerum, AL: higher priced homes
- Bloody Springs, MS: higher priced homes
- Dempsey, AL: higher priced homes
- Frankfort, AL: higher priced homes
Cities with Similar Populations
- Spirit, WA: higher priced homes
- South Liberty, MO: higher priced homes
- South Olive, OH: higher priced homes
- South Purmela, TX: higher priced homes
- South Rangeley, ME: higher priced homes
- South Shore, MO: higher priced homes
- Southport, TN: higher priced homes
- Southwick, ID: higher priced homes
- Sparks, KS: higher priced homes
- Spaulding, WI: higher priced homes
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