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These days, finding an affordable place to live in the 35016 area can be challenging. Home prices in 35016 are now at a median cost of $146,726, lower than the Alabama average of $185,232.
The average cost of rent is $736/mo in 35016, primarily driven by the current value of real estate in the 35016 area. While nearly 46.50% of residents own their homes outright in 35016, 24.33% rent.
Housing affordability isn’t just about home prices, though. The average household income in 35016 is $4,460 per month. Households that rent pay about 16.50% of their income on rent here. 35016's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 35087, AL: less expensive homes
- 35175, AL: higher priced homes
- 35019, AL: less expensive homes
- 35976, AL: higher priced homes
- 35621, AL: equally priced homes
- 35950, AL: less expensive homes
- 35058, AL: equally priced homes
- 35670, AL: equally priced homes
- 35951, AL: equally priced homes
- 35957, AL: less expensive homes
Zip Codes with Similar Populations
- 00714, PR: less expensive homes
- 98321, WA: higher priced homes
- 97850, OR: higher priced homes
- 97038, OR: higher priced homes
- 94702, CA: higher priced homes
- 94301, CA: higher priced homes
- 90245, CA: higher priced homes
- 82716, WY: higher priced homes
- 80305, CO: higher priced homes
- 78252, TX: higher priced homes
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