The Most Affordable Neighborhoods in Old Spring Hill, AL by Home Value

 

Old Spring Hill, AL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Old Spring Hill area can be challenging. Home prices in Old Spring Hill are now at a median cost of $193,723, lower than the Alabama average of $228,911.

The average cost of rent is $730/mo in Old Spring Hill, primarily driven by the current value of real estate in the Old Spring Hill area. In Old Spring Hill, 18.04% of households rent, and 60.24% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Old Spring Hill is $5,321 per month. Households that rent pay about 13.72% of their income on rent here. Old Spring Hill’s most expensive areas are in the northern regions, while the cheapest areas are in the northwestern 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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