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These days, finding an affordable place to live in the Alamo area can be challenging. Home prices in Alamo are now at a median cost of $1,978,604, higher than the California average of $812,006.
The average cost of rent is $3,501/mo in Alamo, primarily driven by the current value of real estate in the Alamo area. In Alamo, 8.25% of households rent, and 33.15% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Alamo is $19,577 per month. Households that rent pay about 17.88% of their income on rent here. Alamo’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
- Castle Hill, CA: equally priced homes
- Diablo, CA: equally priced homes
- Walnut Creek, CA: less expensive homes
- Danville, CA: less expensive homes
- Lafayette, CA: less expensive homes
- Moraga, CA: less expensive homes
- Clayton, CA: less expensive homes
- Pleasant Hill, CA: less expensive homes
- Concord, CA: less expensive homes
- Reliez Valley, CA: equally priced homes
Cities with Similar Populations
- Vermilion, OH: less expensive homes
- Sault Ste. Marie, MI: less expensive homes
- Liberty, SC: less expensive homes
- Washington, IN: less expensive homes
- Cicero, NY: less expensive homes
- Pineville, NC: less expensive homes
- Shively, KY: less expensive homes
- Discovery Bay, CA: less expensive homes
- Siler City, NC: less expensive homes
- Carmel, NY: less expensive homes
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