The Most Affordable Neighborhoods in Borden Wheeler Springs, AL by Home Value

 

Borden Wheeler Springs, AL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Borden Wheeler Springs area can be challenging. Home prices in Borden Wheeler Springs are now at a median cost of $150,600, lower than the Alabama average of $185,232.

The average cost of rent is $836/mo in Borden Wheeler Springs, primarily driven by the current value of real estate in the Borden Wheeler Springs area. While nearly 61.89% of residents own their homes outright in Borden Wheeler Springs, 7.67% rent.

Housing affordability isn’t just about home prices, though. The average household income in Borden Wheeler Springs is $4,092 per month. Households that rent pay about 20.43% of their income on rent here. Borden Wheeler Springs's most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.


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