Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Prospect area can be challenging. Home prices in Prospect are now at a median cost of $146,045, lower than the Alabama average of $185,232.
The average cost of rent is $847/mo in Prospect, primarily driven by the current value of real estate in the Prospect area. While nearly 52.38% of residents own their homes outright in Prospect, 10.05% rent.
Housing affordability isn’t just about home prices, though. The average household income in Prospect is $4,921 per month. Households that rent pay about 17.21% of their income on rent here. Prospect's most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Nauvoo, AL: less expensive homes
- Saragossa, AL: less expensive homes
- Kansas, AL: less expensive homes
- Carbon Hill, AL: less expensive homes
- Poplar Springs, AL: less expensive homes
- Pocahontas, AL: less expensive homes
- Lynn, AL: less expensive homes
- Jasper, AL: equally priced homes
- Eldridge, AL: less expensive homes
- Studdards Crossroads, AL: less expensive homes
Cities with Similar Populations
- Meadowlands, MN: equally priced homes
- Mount Vernon, KS: higher priced homes
- Mount Harmony, WV: higher priced homes
- Mount Gay, WV: less expensive homes
- Milan, WI: equally priced homes
- Midvale, ID: higher priced homes
- Metz, WV: less expensive homes
- Mesa, CO: higher priced homes
- Merriam, IL: less expensive homes
- Merom, IN: equally priced homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood