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Affordable
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These days, finding an affordable place to live in the Oldfield area can be challenging. Home prices in Oldfield are now at a median cost of $168,477, lower than the Alabama average of $228,911.
The average cost of rent is $739/mo in Oldfield, primarily driven by the current value of real estate in the Oldfield area. In Oldfield, 29.18% of households rent, and 60.53% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Oldfield is $5,604 per month. Households that rent pay about 13.19% of their income on rent here. Oldfield’s most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sycamore, AL: equally priced homes
- Odena, AL: less expensive homes
- Mignon, AL: less expensive homes
- Sylacauga, AL: less expensive homes
- Oak Grove, AL: less expensive homes
- Winterboro, AL: equally priced homes
- Hollins, AL: less expensive homes
- Bon Air, AL: less expensive homes
- Overbrook, AL: less expensive homes
- Forest Hills, AL: less expensive homes
Cities with Similar Populations
- Old Bland, MO: higher priced homes
- Onomea, HI: higher priced homes
- Onchiota, NY: less expensive homes
- Oliver, AR: equally priced homes
- Olive Grove, NC: higher priced homes
- Oley Furnace, PA: higher priced homes
- Olema, CA: higher priced homes
- Old Niota, IL: equally priced homes
- Old Marissa, IL: less expensive homes
- Onvil, NC: less expensive homes
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