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These days, finding an affordable place to live in the 35031 area can be challenging. Home prices in 35031 are now at a median cost of $123,118, lower than the Alabama average of $185,232.
The average cost of rent is $712/mo in 35031, primarily driven by the current value of real estate in the 35031 area. While nearly 52.55% of residents own their homes outright in 35031, 24.44% rent.
Housing affordability isn’t just about home prices, though. The average household income in 35031 is $4,400 per month. Households that rent pay about 16.17% of their income on rent here. 35031's most expensive areas are in the western regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 35083, AL: higher priced homes
- 35049, AL: equally priced homes
- 35121, AL: higher priced homes
- 35070, AL: less expensive homes
- 35980, AL: equally priced homes
- 35077, AL: equally priced homes
- 35952, AL: equally priced homes
- 35990, AL: less expensive homes
- 35055, AL: higher priced homes
- 35079, AL: higher priced homes
Zip Codes with Similar Populations
- 00765, PR: higher priced homes
- 98563, WA: higher priced homes
- 98354, WA: higher priced homes
- 96712, HI: higher priced homes
- 95018, CA: higher priced homes
- 93625, CA: higher priced homes
- 85643, AZ: higher priced homes
- 21035, MD: higher priced homes
- 13035, NY: higher priced homes
- 12198, NY: higher priced homes
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