The Most Affordable Neighborhoods in 36550, AL by Home Value

 

36550, AL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the 36550 area can be challenging. Home prices in 36550 are now at a median cost of $118,784, lower than the Alabama average of $185,232.

The average cost of rent is $581/mo in 36550, primarily driven by the current value of real estate in the 36550 area. While nearly 57.24% of residents own their homes outright in 36550, 28.79% rent.

Housing affordability isn’t just about home prices, though. The average household income in 36550 is $4,109 per month. Households that rent pay about 14.14% of their income on rent here. 36550's most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the zip.


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