Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Theodore area can be challenging. Home prices in Theodore are now at a median cost of $212,336, higher than the Alabama average of $185,232.
The average cost of rent is $950/mo in Theodore, primarily driven by the current value of real estate in the Theodore area. While nearly 39.04% of residents own their homes outright in Theodore, 14.95% rent.
Housing affordability isn’t just about home prices, though. The average household income in Theodore is $5,267 per month. Households that rent pay about 18.03% of their income on rent here. Theodore's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Tillmans Corner, AL: less expensive homes
- St. Elmo, AL: less expensive homes
- Irvington, AL: less expensive homes
- Mon Louis, AL: higher priced homes
- Bayou La Batre, AL: less expensive homes
- Grand Bay, AL: less expensive homes
- Mobile, AL: less expensive homes
- Seven Hills, AL: equally priced homes
- San Souci Beach, AL: less expensive homes
- Point Clear, AL: higher priced homes
Cities with Similar Populations
- Mechanicville, NY: equally priced homes
- Othello, WA: less expensive homes
- Olean, NY: less expensive homes
- Ocean Acres, NJ: higher priced homes
- Oak Grove, OR: higher priced homes
- Mount Morris, MI: less expensive homes
- Morehead, KY: less expensive homes
- Monmouth Junction, NJ: higher priced homes
- Mitchell, SD: less expensive homes
- Middleburg Heights, OH: less expensive homes
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