The Most Affordable Neighborhoods in Cool Springs, AL by Home Value

 

Cool Springs, AL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Cool Springs area can be challenging. Home prices in Cool Springs are now at a median cost of $120,296, lower than the Alabama average of $185,232.

The average cost of rent is $919/mo in Cool Springs, primarily driven by the current value of real estate in the Cool Springs area. While nearly 47.48% of residents own their homes outright in Cool Springs, 20.00% rent.

Housing affordability isn’t just about home prices, though. The average household income in Cool Springs is $4,426 per month. Households that rent pay about 20.77% of their income on rent here. Cool Springs's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.


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