Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the Walter area can be challenging. Home prices in Walter are now at a median cost of $208,230, lower than the Alabama average of $228,911.
The average cost of rent is $1,027/mo in Walter, primarily driven by the current value of real estate in the Walter area. In Walter, 30.19% of households rent, and 56.72% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Walter is $4,399 per month. Households that rent pay about 23.35% of their income on rent here. Walter’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- North Walter, AL: less expensive homes
- Mountain Grove, AL: less expensive homes
- Blountsville, AL: less expensive homes
- Holly Pond, AL: equally priced homes
- Gum Springs, AL: less expensive homes
- Red Hill, AL: equally priced homes
- Bethel, AL: less expensive homes
- Hanceville, AL: less expensive homes
- Fairview, AL: equally priced homes
- Summit, AL: less expensive homes
Cities with Similar Populations
- McDowell, AL: equally priced homes
- Macwahoc, ME: less expensive homes
- Maljamar, NM: equally priced homes
- Mamers, NC: less expensive homes
- Mapleton, TX: less expensive homes
- Maready, NC: less expensive homes
- Markley, TX: higher priced homes
- Markville, MN: equally priced homes
- Marshalls Corner, NJ: higher priced homes
- Masonville, CO: higher priced homes
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