Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Verbena area can be challenging. Home prices in Verbena are now at a median cost of $97,884, lower than the Alabama average of $185,232.
The average cost of rent is $747/mo in Verbena, primarily driven by the current value of real estate in the Verbena area. While nearly 73.74% of residents own their homes outright in Verbena, 19.65% rent.
Housing affordability isn’t just about home prices, though. The average household income in Verbena is $4,047 per month. Households that rent pay about 18.46% of their income on rent here. Verbena's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Marbury, AL: higher priced homes
- New Prospect, AL: higher priced homes
- Clanton, AL: higher priced homes
- Kincheon, AL: higher priced homes
- Lightwood, AL: higher priced homes
- Pine Flat, AL: higher priced homes
- Haynes, AL: higher priced homes
- Pools Crossroads, AL: higher priced homes
- Billingsley, AL: higher priced homes
- Pletcher, AL: equally priced homes
Cities with Similar Populations
- Caledonia, NY: higher priced homes
- Clayville, VA: higher priced homes
- Eglin Afb, FL: higher priced homes
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- Llano, TX: higher priced homes
- North Liberty, IN: higher priced homes
- Moravian Falls, NC: higher priced homes
- O'Brien, FL: higher priced homes
- Orleans, IN: higher priced homes
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