Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Waldo area can be challenging. Home prices in Waldo are now at a median cost of $75,145, lower than the Alabama average of $185,232.
The average cost of rent is $1,113/mo in Waldo, primarily driven by the current value of real estate in the Waldo area. While nearly 81.73% of residents own their homes outright in Waldo, 42.66% rent.
Housing affordability isn’t just about home prices, though. The average household income in Waldo is $1,922 per month. Households that rent pay about 57.91% of their income on rent here. Waldo's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Stockdale, AL: higher priced homes
- Woolfolk, AL: higher priced homes
- Talladega, AL: higher priced homes
- Chandler Springs, AL: higher priced homes
- McElderry, AL: higher priced homes
- Erin, AL: higher priced homes
- Clairmont Springs, AL: higher priced homes
- Campbells Crossroads, AL: higher priced homes
- Winterboro, AL: higher priced homes
- Renfroe, AL: higher priced homes
Cities with Similar Populations
- Scraper, OK: higher priced homes
- Russell, AR: less expensive homes
- Ryegate, MT: higher priced homes
- Safford, AL: higher priced homes
- Saluda, IN: higher priced homes
- Sanatorium, MS: higher priced homes
- Sandy Ridge, AL: higher priced homes
- Sarben, NE: higher priced homes
- Saxton, KY: less expensive homes
- Scandia, PA: higher priced homes
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