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Affordable
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These days, finding an affordable place to live in the Ardmore area can be challenging. Home prices in Ardmore are now at a median cost of $240,447, higher than the Alabama average of $228,911.
The average cost of rent is $973/mo in Ardmore, primarily driven by the current value of real estate in the Ardmore area. In Ardmore, 13.59% of households rent, and 41.91% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ardmore is $7,003 per month. Households that rent pay about 13.90% of their income on rent here. Ardmore’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Holland Gin, AL: equally priced homes
- Ardmore, TN: equally priced homes
- Center Hill, AL: higher priced homes
- Toney, AL: equally priced homes
- Thach, AL: less expensive homes
- Elkmont Springs, TN: equally priced homes
- Taft, TN: equally priced homes
- Baugh, TN: equally priced homes
- Harvest, AL: higher priced homes
- Elkmont, AL: equally priced homes
Cities with Similar Populations
- Sanibel, FL: higher priced homes
- Union Grove, WI: higher priced homes
- Clyde, TX: less expensive homes
- Glencoe, MN: equally priced homes
- Clintonville, WI: less expensive homes
- Schuyler, NE: less expensive homes
- Leesport, PA: higher priced homes
- Glenn Dale, MD: higher priced homes
- Glenwood, IA: equally priced homes
- Clermont, GA: higher priced homes
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