Similar to nearby areas, it's significantly less expensive compared to the entire country. However it's somewhat less expensive compared to the city of Peoria.
Home prices
The price of the median home in Alpha is $86,400. It is is very similar in comparison to other places in this area.It is about $131,100 (60%) lower in comparison to the rest of the nation, and compared to the city of Peoria is approximately $39,300 (31%) lower.
Rents
In Alpha the median rent is $732 per month. Compared to nearby areas it is approximately $86 (13%) higher.Compared to the US as a whole it is approximately $330 (31%) lower, and compared to the city of Peoria is about $74 (9%) lower.
Nearby places
Woodhull
Woodhull is approximately 2 miles east from Alpha. Its real estate prices are somewhat more expensive. The median home cost in Woodhull is $94,000, which comes out to $7,600 (8%) higher than Alpha. Rents there are pretty similar. In Woodhull the median monthly rent is $745, which is $13 (1%) higher than Alpha.
Windsor
Windsor is about 2 miles west from Alpha. Real estate prices there are similar. Windsor's median home value is $84,800, which works out to $1,600 (1%) lower than Alpha. Its rents are significantly less expensive. In Windsor the median rent is $516 per month, which comes out to $216 (41%) lower than Alpha.
Rio
Rio is about 5 miles south from Alpha. Its housing prices are similar. The median home in Rio is valued at $86,100, which is very similar to Alpha. The rent there is a bit less expensive. Rio's median monthly rent is $575, which is $157 (27%) lower than Alpha.
Andover
Andover is about 7 miles northeast of Alpha. The housing prices there are a bit more expensive. The median home in Andover costs $113,100, which comes out to $26,700 (23%) higher than Alpha. The rent there is similar. In Andover the median rent is $732 per month, which is very similar to Alpha.
North Henderson
North Henderson is about 7 miles southwest of Alpha. Its real estate prices are a lot less expensive. The median home value in North Henderson is $55,000, which is $31,400 (57%) lower than Alpha. The rent there is a bit less expensive. North Henderson's median monthly rent is $663, which works out to $69 (10%) lower than Alpha.