Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Waterford area can be challenging. Home prices in Waterford are now at a median cost of $104,395, lower than the Alabama average of $185,232.
The average cost of rent is $694/mo in Waterford, primarily driven by the current value of real estate in the Waterford area. While nearly 52.51% of residents own their homes outright in Waterford, 39.67% rent.
Housing affordability isn’t just about home prices, though. The average household income in Waterford is $3,355 per month. Households that rent pay about 20.67% of their income on rent here. Waterford's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Kelly, AL: higher priced homes
- Pinckard, AL: higher priced homes
- Ozark, AL: higher priced homes
- Browns Crossroads, AL: equally priced homes
- Mabson, AL: higher priced homes
- Newton, AL: higher priced homes
- Midland City, AL: higher priced homes
- Fort Rucker, AL: equally priced homes
- Daleville, AL: higher priced homes
- Napier Field, AL: equally priced homes
Cities with Similar Populations
- Rossman, NY: higher priced homes
- Marylhurst, OR: higher priced homes
- Mascot, NE: higher priced homes
- Maud, IL: less expensive homes
- Mayfield, SD: higher priced homes
- Maynard, OH: higher priced homes
- Maysville, IL: equally priced homes
- Mc Bride, MO: higher priced homes
- Meador, KY: higher priced homes
- Ringdale, PA: higher priced homes
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