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These days, finding an affordable place to live in the 36116 area can be challenging. Home prices in 36116 are now at a median cost of $137,749, lower than the Alabama average of $185,232.
The average cost of rent is $973/mo in 36116, primarily driven by the current value of real estate in the 36116 area. While nearly 29.56% of residents own their homes outright in 36116, 46.65% rent.
Housing affordability isn’t just about home prices, though. The average household income in 36116 is $4,602 per month. Households that rent pay about 21.14% of their income on rent here. 36116's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 36111, AL: higher priced homes
- 36106, AL: higher priced homes
- 36109, AL: equally priced homes
- 36105, AL: less expensive homes
- 36117, AL: higher priced homes
- 36107, AL: less expensive homes
- 36104, AL: less expensive homes
- 36114, AL: equally priced homes
- 36115, AL: equally priced homes
- 36110, AL: less expensive homes
Zip Codes with Similar Populations
- 37918, TN: higher priced homes
- 92506, CA: higher priced homes
- 92122, CA: higher priced homes
- 92109, CA: higher priced homes
- 92009, CA: higher priced homes
- 91748, CA: higher priced homes
- 91387, CA: higher priced homes
- 90241, CA: higher priced homes
- 54956, WI: higher priced homes
- 45014, OH: higher priced homes
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