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These days, finding an affordable place to live in the Vigo area can be challenging. Home prices in Vigo are now at a median cost of $202,213, lower than the Alabama average of $228,911.
The average cost of rent is $910/mo in Vigo, primarily driven by the current value of real estate in the Vigo area. In Vigo, 9.77% of households rent, and 48.65% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Vigo is $6,847 per month. Households that rent pay about 13.29% of their income on rent here. Vigo’s most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Piedmont, AL: less expensive homes
- Ladiga, AL: equally priced homes
- Borden Wheeler Springs, AL: equally priced homes
- Spring Garden, AL: less expensive homes
- Piedmont Springs, AL: less expensive homes
- Oaklevel, AL: equally priced homes
- Pleasant Gap, AL: less expensive homes
- Nances Creek, AL: less expensive homes
- Tecumseh, AL: less expensive homes
- Gnatville, AL: less expensive homes
Cities with Similar Populations
- Newtown, VA: less expensive homes
- Millerville, LA: less expensive homes
- Milltown, AL: less expensive homes
- Mortonsville, KY: higher priced homes
- Moss Run, OH: equally priced homes
- Mount Braddock, PA: less expensive homes
- Mount Ross, NY: higher priced homes
- Mount Tabor, PA: higher priced homes
- Mountain Lake, PA: equally priced homes
- Mowata, LA: less expensive homes
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