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Affordable
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These days, finding an affordable place to live in the Sweet Water area can be challenging. Home prices in Sweet Water are now at a median cost of $63,909, lower than the Alabama average of $228,911.
The average cost of rent is $898/mo in Sweet Water, primarily driven by the current value of real estate in the Sweet Water area. In Sweet Water, 9.22% of households rent, and 75.91% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sweet Water is $4,976 per month. Households that rent pay about 18.04% of their income on rent here. Sweet Water’s most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Exmoor, AL: equally priced homes
- Wayne, AL: higher priced homes
- Nanafalia, AL: less expensive homes
- Dixons Mills, AL: higher priced homes
- Lasca, AL: higher priced homes
- Miller, AL: higher priced homes
- Tompkinsville, AL: less expensive homes
- Clayhill, AL: higher priced homes
- Magnolia, AL: higher priced homes
- Putnam, AL: higher priced homes
Cities with Similar Populations
- Andalusia, IL: higher priced homes
- Bayard, NE: higher priced homes
- Boswell, OK: higher priced homes
- Ethel, WA: higher priced homes
- Jackson, NC: higher priced homes
- Nanawale Estates, HI: higher priced homes
- Mustang Ridge, TX: higher priced homes
- Montvale, VA: higher priced homes
- Montgomery, LA: higher priced homes
- Mathias, WV: higher priced homes
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