The Most Affordable Neighborhoods in Cedar Hills Estates, AL by Home Value

 

Cedar Hills Estates, AL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Cedar Hills Estates area can be challenging. Home prices in Cedar Hills Estates are now at a median cost of $138,128, lower than the Alabama average of $185,232.

The average cost of rent is $406/mo in Cedar Hills Estates, primarily driven by the current value of real estate in the Cedar Hills Estates area. While nearly 47.44% of residents own their homes outright in Cedar Hills Estates, 15.58% rent.

Housing affordability isn’t just about home prices, though. The average household income in Cedar Hills Estates is $5,441 per month. Households that rent pay about 7.46% of their income on rent here. Cedar Hills Estates'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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