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These days, finding an affordable place to live in the Alameda area can be challenging. Home prices in Alameda are now at a median cost of $1,250,820, higher than the California average of $812,006.
The average cost of rent is $2,681/mo in Alameda, primarily driven by the current value of real estate in the Alameda area. In Alameda, 49.34% of households rent, and 34.27% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Alameda is $12,399 per month. Households that rent pay about 21.63% of their income on rent here. Alameda’s most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Oakland, CA: less expensive homes
- Piedmont, CA: higher priced homes
- Emeryville, CA: less expensive homes
- Canyon, CA: equally priced homes
- San Leandro, CA: less expensive homes
- Berkeley, CA: equally priced homes
- Orinda Village, CA: higher priced homes
- Albany, CA: equally priced homes
- Ashland, CA: less expensive homes
- San Lorenzo, CA: less expensive homes
Cities with Similar Populations
- Norfolk, VA: less expensive homes
- Laredo, TX: less expensive homes
- Bronx, NY: less expensive homes
- Brooklyn, NY: less expensive homes
- Brownsville, TX: less expensive homes
- Evanston, IL: less expensive homes
- Arlington, VA: less expensive homes
- Auburn, AL: less expensive homes
- Corona, CA: less expensive homes
- Cypress, TX: less expensive homes
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