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These days, finding an affordable place to live in the Nectar area can be challenging. Home prices in Nectar are now at a median cost of $192,773, lower than the Alabama average of $228,911.
The average cost of rent is $820/mo in Nectar, primarily driven by the current value of real estate in the Nectar area. In Nectar, 27.02% of households rent, and 37.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Nectar is $6,124 per month. Households that rent pay about 13.38% of their income on rent here. Nectar’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Cleveland, AL: equally priced homes
- Red Hill, AL: higher priced homes
- Gum Springs, AL: less expensive homes
- Locust Fork, AL: equally priced homes
- Garden City, AL: less expensive homes
- Hayden, AL: equally priced homes
- Mountain Grove, AL: less expensive homes
- Rosa, AL: higher priced homes
- Allgood, AL: equally priced homes
- Hanceville, AL: equally priced homes
Cities with Similar Populations
- Beauty, KY: less expensive homes
- Beaver, OK: less expensive homes
- Bellefonte, AR: higher priced homes
- Blum, TX: equally priced homes
- Pickett, WI: higher priced homes
- Niederwald, TX: higher priced homes
- North English, IA: less expensive homes
- Okay, OK: less expensive homes
- Oloh, MS: higher priced homes
- Only, TN: less expensive homes
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