The Most Affordable Neighborhoods in Alameda, CA by Home Value

 

Alameda, CA Map of Most Affordable Neighborhoods
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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 $1,009,145, higher than the California average of $648,235.

The average cost of rent is $2,339/mo in Alameda, primarily driven by the current value of real estate in the Alameda area. While nearly 35.94% of residents own their homes outright in Alameda, 44.55% rent.

Housing affordability isn’t just about home prices, though. The average household income in Alameda is $11,171 per month. Households that rent pay about 20.94% of their income on rent here. Alameda's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.


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