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These days, finding an affordable place to live in the 35118 area can be challenging. Home prices in 35118 are now at a median cost of $166,800, lower than the Alabama average of $228,911.
The average cost of rent is $1,138/mo in 35118, primarily driven by the current value of real estate in the 35118 area. In 35118, 16.11% of households rent, and 51.24% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 35118 is $6,090 per month. Households that rent pay about 18.69% of their income on rent here. 35118’s most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 35127, AL: higher priced homes
- 35023, AL: equally priced homes
- 35224, AL: less expensive homes
- 35005, AL: less expensive homes
- 35061, AL: less expensive homes
- 35060, AL: equally priced homes
- 35064, AL: less expensive homes
- 35073, AL: less expensive homes
- 35218, AL: less expensive homes
- 35228, AL: less expensive homes
Zip Codes with Similar Populations
- 01225, MA: higher priced homes
- 56358, MN: higher priced homes
- 56062, MN: higher priced homes
- 49096, MI: higher priced homes
- 47520, IN: less expensive homes
- 85933, AZ: higher priced homes
- 88045, NM: less expensive homes
- 44253, OH: higher priced homes
- 42050, KY: less expensive homes
- 41514, KY: less expensive homes
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