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

 

Double Springs, AL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Double Springs area can be challenging. Home prices in Double Springs are now at a median cost of $111,640, lower than the Alabama average of $228,911.

The average cost of rent is $791/mo in Double Springs, primarily driven by the current value of real estate in the Double Springs area. In Double Springs, 24.15% of households rent, and 62.06% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Double Springs is $6,001 per month. Households that rent pay about 13.18% of their income on rent here. Double Springs’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.


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