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These days, finding an affordable place to live in the Owassa area can be challenging. Home prices in Owassa are now at a median cost of $157,135, lower than the Alabama average of $228,911.
The average cost of rent is $717/mo in Owassa, primarily driven by the current value of real estate in the Owassa area. In Owassa, 20.67% of households rent, and 72.89% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Owassa is $3,029 per month. Households that rent pay about 23.69% of their income on rent here. Owassa’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Brownville, AL: less expensive homes
- Garland, AL: less expensive homes
- Bowles, AL: equally priced homes
- Evergreen, AL: less expensive homes
- China, AL: equally priced homes
- Travis Bridge, AL: less expensive homes
- Brooklyn, AL: higher priced homes
- McKenzie, AL: less expensive homes
- Chapman, AL: less expensive homes
- Skinnerton, AL: equally priced homes
Cities with Similar Populations
- Ruskin, NE: less expensive homes
- Millport, PA: equally priced homes
- Minter, TX: higher priced homes
- Minturn, SC: less expensive homes
- Miola, PA: higher priced homes
- Mission Ridge, SD: higher priced homes
- Mondovi, WA: higher priced homes
- Monica, IL: equally priced homes
- Montague, MO: higher priced homes
- Monterey, NY: less expensive homes
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