Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Myrtlewood area can be challenging. Home prices in Myrtlewood are now at a median cost of $60,723, lower than the Alabama average of $185,232.
The average cost of rent is $696/mo in Myrtlewood, primarily driven by the current value of real estate in the Myrtlewood area. While nearly 67.02% of residents own their homes outright in Myrtlewood, 6.89% rent.
Housing affordability isn’t just about home prices, though. The average household income in Myrtlewood is $4,386 per month. Households that rent pay about 15.86% of their income on rent here. Myrtlewood's most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Tompkinsville, AL: higher priced homes
- Nanafalia, AL: higher priced homes
- Pennington, AL: higher priced homes
- Jefferson, AL: higher priced homes
- Linden, AL: higher priced homes
- Lavaca, AL: higher priced homes
- Jachin, AL: higher priced homes
- Octagon, AL: higher priced homes
- Sweet Water, AL: higher priced homes
- Providence, AL: higher priced homes
Cities with Similar Populations
- Willard, WA: higher priced homes
- Halsey, NE: higher priced homes
- Hambletville, NY: higher priced homes
- Hamletsburg, IL: higher priced homes
- Hannon, AL: higher priced homes
- Hanson, FL: higher priced homes
- Hartman, CO: higher priced homes
- Haskinville, NY: higher priced homes
- Willette, TN: higher priced homes
- Hallsville, NY: higher priced homes
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