Similar to its surrounding areas, it is a little less expensive compared to the rest of the nation. However compared to the city of Columbus, it's a little more expensive.
Home prices
The median home price in Opelika is $151,300. It is is very similar in comparison to nearby areas.In comparison to the US as a whole it is roughly $66,200 (30%) lower, and is approximately $10,000 (7%) higher in comparison to the city of Columbus.
Rents
In Opelika the median rent is $753 per month. In comparison to its surrounding areas this is approximately $63 (7%) lower.It is roughly $309 (29%) lower in comparison to the entire country, and compared to the city of Columbus is roughly $153 (16%) lower.
Nearby places
Auburn
Auburn is Opelika's neighbor to the southwest. Real estate prices there are substantially more expensive. The median home in Auburn is valued at $266,200, which comes out to $114,900 (43%) higher than Opelika. Rent there is a bit more expensive. Auburn's median rent is $884 per month, which is $131 (14%) higher than Opelika.
Waverly
Waverly is about 11 miles northwest of Opelika. Its housing prices are fairly similar. The value of the median home in Waverly is $159,100, which works out to $7,800 (4%) higher than Opelika. Rent there is a little more expensive. Waverly's median monthly rent is $829, which works out to $76 (9%) higher than Opelika.
Loachapoka
Loachapoka is approximately 11 miles west from Opelika. Real estate prices there are somewhat more expensive. The median home cost in Loachapoka is $162,500, which works out to $11,200 (6%) higher than Opelika. Rent there is somewhat more expensive. The median rent in Loachapoka is $850 per month, which comes out to $97 (11%) higher than Opelika.
Valley
Valley is roughly 14 miles northeast of Opelika. Its real estate prices are significantly less expensive. The median home in Valley is valued at $88,700, which is $62,600 (70%) lower than Opelika. Rents there are somewhat more expensive. In Valley the median rent is $799 per month, which works out to $46 (5%) higher than Opelika.
Huguley
Huguley is about 15 miles northeast of Opelika. Real estate prices there are substantially less expensive. The cost of the median home in Huguley is $84,500, which works out to $66,800 (79%) lower than Opelika. Rent there is a bit less expensive. The median monthly rent in Huguley is $717, which is $36 (5%) lower than Opelika.