The Most Affordable Neighborhoods in Loxley, AL by Home Value

 

Loxley, AL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Loxley area can be challenging. Home prices in Loxley are now at a median cost of $180,880, lower than the Alabama average of $185,232.

The average cost of rent is $1,067/mo in Loxley, primarily driven by the current value of real estate in the Loxley area. While nearly 27.61% of residents own their homes outright in Loxley, 26.61% rent.

Housing affordability isn’t just about home prices, though. The average household income in Loxley is $5,861 per month. Households that rent pay about 18.20% of their income on rent here. Loxley's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.


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