Home prices
The median home in Alligator is valued at $106,300. In comparison to the surrounding areas it is about $27,680 (35%) higher.It is roughly $111,200 (51%) lower compared to the rest of the country, and compared to the city of Memphis is approximately $4,500 (4%) higher.
Rents
The median rent in Alligator is $570 per month. Compared to nearby areas this is approximately $87 (17%) higher.It is about $492 (46%) lower compared to the US as a whole, and in comparison to the city of Memphis is roughly $331 (36%) lower.
Nearby places
Shelby
Shelby is roughly 10 miles south of Alligator. Housing prices there are substantially less expensive. The median home cost in Shelby is $64,100, which comes out to $42,200 (65%) lower than Alligator. Rent there is somewhat less expensive. The median monthly rent in Shelby is $481, which is $89 (18%) lower than Alligator.
Clarksdale
Clarksdale is roughly 10 miles northeast of Alligator. Real estate prices there are a lot less expensive. Clarksdale's median home cost is $65,400, which works out to $40,900 (62%) lower than Alligator. Rent there is similar. Clarksdale's median rent is $599 a month, which works out to $29 (4%) higher than Alligator.
Lyon
Lyon is roughly 12 miles northeast of Alligator. Its real estate prices are fairly similar. The median home in Lyon costs $105,600, which is very similar to Alligator. Its rents are a little more expensive. In Lyon the median monthly rent is $625, which works out to $55 (8%) higher than Alligator.
Winstonville
Winstonville is about 13 miles south of Alligator. The housing prices there are substantially less expensive. The price of the median home in Winstonville is $76,100, which works out to $30,200 (39%) lower than Alligator. The rent there is substantially less expensive. The median monthly rent in Winstonville is $247, which comes out to $323 (130%) lower than Alligator.
Mound Bayou
Mound Bayou is about 15 miles south of Alligator. Its housing prices are a little less expensive. The value of the median home in Mound Bayou is $81,900, which works out to $24,400 (29%) lower than Alligator. Rents there are somewhat less expensive. The median monthly rent in Mound Bayou is $465, which works out to $105 (22%) lower than Alligator.