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Affordable
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These days, finding an affordable place to live in the Pike Road area can be challenging. Home prices in Pike Road are now at a median cost of $352,981, higher than the Alabama average of $228,911.
The average cost of rent is $1,745/mo in Pike Road, primarily driven by the current value of real estate in the Pike Road area. In Pike Road, 17.47% of households rent, and 24.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Pike Road is $9,567 per month. Households that rent pay about 18.24% of their income on rent here. Pike Road’s most expensive areas are in the southern 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
- Merry, AL: equally priced homes
- Cecil, AL: higher priced homes
- Perrys Mill, AL: higher priced homes
- Brassell, AL: less expensive homes
- Emerald Mountain, AL: less expensive homes
- Ware, AL: equally priced homes
- Mathews, AL: higher priced homes
- Tysonville, AL: less expensive homes
- Montgomery, AL: less expensive homes
- Mount Meigs, AL: less expensive homes
Cities with Similar Populations
- Hueytown, AL: less expensive homes
- Kingston, TN: less expensive homes
- King City, CA: higher priced homes
- Key Biscayne, FL: higher priced homes
- Kenmore, NY: less expensive homes
- Kearney, MO: equally priced homes
- Jessup, MD: higher priced homes
- Islip, NY: higher priced homes
- Irondale, AL: less expensive homes
- Huron, SD: less expensive homes
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