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These days, finding an affordable place to live in the Perdido area can be challenging. Home prices in Perdido are now at a median cost of $195,220, lower than the Alabama average of $228,911.
The average cost of rent is $804/mo in Perdido, primarily driven by the current value of real estate in the Perdido area. In Perdido, 21.94% of households rent, and 68.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Perdido is $3,922 per month. Households that rent pay about 20.51% of their income on rent here. Perdido’s most expensive areas are in the central 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.
Nearby Cities
- Nokomis, AL: equally priced homes
- Dyas, AL: higher priced homes
- Rabun, AL: less expensive homes
- Lottie, AL: less expensive homes
- Freemanville, AL: less expensive homes
- Poarch, AL: less expensive homes
- Atmore, AL: less expensive homes
- Martinville, AL: less expensive homes
- Walnut Hill, FL: less expensive homes
- Jack Springs, AL: less expensive homes
Cities with Similar Populations
- Mignon, AL: less expensive homes
- Segno, TX: equally priced homes
- Sedan, KS: less expensive homes
- Ryan, AL: higher priced homes
- Russellville, OH: higher priced homes
- Round Mountain, NV: less expensive homes
- Riverton, KS: less expensive homes
- North Carver, MA: higher priced homes
- Murtaugh, ID: higher priced homes
- Mountainair, NM: equally priced homes
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