Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Eight Mile area can be challenging. Home prices in Eight Mile are now at a median cost of $135,795, lower than the Alabama average of $185,232.
The average cost of rent is $983/mo in Eight Mile, primarily driven by the current value of real estate in the Eight Mile area. While nearly 44.06% of residents own their homes outright in Eight Mile, 21.07% rent.
Housing affordability isn’t just about home prices, though. The average household income in Eight Mile is $4,448 per month. Households that rent pay about 22.09% of their income on rent here. Eight Mile's most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Semmes, AL: equally priced homes
- Saraland, AL: higher priced homes
- Chickasaw, AL: less expensive homes
- Prichard, AL: less expensive homes
- Satsuma, AL: higher priced homes
- Wilmer, AL: equally priced homes
- Mobile, AL: higher priced homes
- Creola, AL: higher priced homes
- Moffet, AL: equally priced homes
- Tanner Williams, AL: higher priced homes
Cities with Similar Populations
- Speedway, IN: equally priced homes
- Eufaula, AL: less expensive homes
- Fair Oaks, GA: higher priced homes
- Finneytown, OH: equally priced homes
- Fleetwood, PA: higher priced homes
- Florida, PR: less expensive homes
- Fords, NJ: higher priced homes
- Fort Bragg, CA: higher priced homes
- Smithfield, UT: higher priced homes
- Souderton, PA: higher priced homes
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