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These days, finding an affordable place to live in the Nichburg area can be challenging. Home prices in Nichburg are now at a median cost of $92,037, lower than the Alabama average of $185,232.
The average cost of rent is $672/mo in Nichburg, primarily driven by the current value of real estate in the Nichburg area. While nearly 74.52% of residents own their homes outright in Nichburg, 17.25% rent.
Housing affordability isn’t just about home prices, though. The average household income in Nichburg is $2,825 per month. Households that rent pay about 23.77% of their income on rent here. Nichburg's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Brooklyn, AL: less expensive homes
- China, AL: equally priced homes
- Repton, AL: higher priced homes
- Lenox, AL: equally priced homes
- Peterman, AL: less expensive homes
- London, AL: less expensive homes
- Evergreen, AL: equally priced homes
- Monroeville, AL: higher priced homes
- Bowles, AL: less expensive homes
- Excel, AL: higher priced homes
Cities with Similar Populations
- Wallace, SD: higher priced homes
- Bern, KS: higher priced homes
- Bethel, KY: higher priced homes
- Beulahville, VA: higher priced homes
- Bevinsville, KY: less expensive homes
- Bible Hill, TN: equally priced homes
- Big Bend, WV: equally priced homes
- Biggers, AR: less expensive homes
- Bigpatch, WI: higher priced homes
- Bippus, IN: higher priced homes
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