Home/Alabama/Lamar County

Lamar County Housing Market

Alabama · 67 counties · Ranked #479 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$112,700

vs national$112,700 vs $281,900 national

Median Gross Rent

$548/mo

vs national$548 vs $1,163 national

Effective Tax Rate

0.22%

vs national0.22% vs 1.02% national

Median Household Income

$47,447

vs national$47,447 vs $74,755 national

Affordability Ratio

2.4x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

31.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$245

Tax as % of Home Value

0.22%

Monthly Owner Cost

$494

Renter Income

$18,733

Take Action

Property Tax

Lower Your Property Tax

Ownwell can help you appeal your property tax assessment. Average savings: $$37+/year.

Mortgage

Compare Mortgage Rates

See current mortgage rates from multiple lenders. Shop and compare to find your best rate.

Home Search

Browse Homes on Zillow

Search active listings in Lamar County. See photos, prices, and open house dates.

Similar Counties by Home Value

Explore Related Data

Frequently Asked Questions

What is the median home value in Lamar County?

The median home value in Lamar County is $112,700. This is below the national median of $281,900.

How much is rent in Lamar County?

The median gross rent in Lamar County is $548 per month.

What is the property tax rate in Lamar County?

The effective property tax rate in Lamar County is 0.22%. The median annual property tax bill is $245.

Is Lamar County affordable?

With a home-value-to-income ratio of 2.4x, Lamar County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.