Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the Reid area can be challenging. Home prices in Reid are now at a median cost of $267,405, higher than the Alabama average of $228,911.
The average cost of rent is $890/mo in Reid, primarily driven by the current value of real estate in the Reid area. In Reid, 21.83% of households rent, and 52.08% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Reid is $6,023 per month. Households that rent pay about 14.78% of their income on rent here. Reid’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Brookwood Forest, AL: equally priced homes
- Jones Crossroads, AL: equally priced homes
- Flower Hill, AL: less expensive homes
- Ripley, AL: equally priced homes
- Tanner, AL: equally priced homes
- Tanner Crossroads, AL: higher priced homes
- Athens, AL: equally priced homes
- Coxey, AL: equally priced homes
- Fish Pond, AL: less expensive homes
- Hillsboro, AL: less expensive homes
Cities with Similar Populations
- Oldtown, KY: less expensive homes
- O'Brion, WV: less expensive homes
- O'reilly, MS: less expensive homes
- Oak Ridge, NY: less expensive homes
- Oak Ridge, PA: less expensive homes
- Oakley, IA: less expensive homes
- Oaks, LA: less expensive homes
- Oakwood, SC: equally priced homes
- Ocotillo, CA: less expensive homes
- Odaville, WV: less expensive homes
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