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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 $923,548, higher than the Portland average of $550,902.
The average cost of rent is $2,550/mo in Alameda, primarily driven by the current value of real estate in the Alameda area. In Alameda, 20.34% of households rent, and 32.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Alameda is $16,252 per month. Households that rent pay about 15.69% of their income on rent here. Alameda’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Irvington, Portland, OR: less expensive homes
- King, Portland, OR: less expensive homes
- Alberta, Portland, OR: less expensive homes
- Kerns, Portland, OR: less expensive homes
- Eliot, Portland, OR: less expensive homes
- Concordia, Portland, OR: less expensive homes
- Center, Portland, OR: less expensive homes
- Roseway, Portland, OR: less expensive homes
- Cully, Portland, OR: less expensive homes
- Buckman, Portland, OR: less expensive homes
Neighborhoods with Similar Populations
- Downtown Troy, Troy, NY: less expensive homes
- Hatchville, East Falmouth, MA: less expensive homes
- Song, Irving, TX: less expensive homes
- Thomasville, Atlanta, GA: less expensive homes
- Ballantyne East, Charlotte, NC: less expensive homes
- Riviera, Coral Gables, FL: higher priced homes
- Northland Lyceum, Rochester, NY: less expensive homes
- Nora, Indianapolis, IN: less expensive homes
- Lakeshore at University Park, Miramar, FL: less expensive homes
- Scarsdale, Arlington Heights, IL: less expensive homes
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