The Most Affordable Neighborhoods in Pine Apple, AL by Home Value

 

Pine Apple, AL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Pine Apple area can be challenging. Home prices in Pine Apple are now at a median cost of $109,405, lower than the Alabama average of $228,911.

The average cost of rent is $591/mo in Pine Apple, primarily driven by the current value of real estate in the Pine Apple area. In Pine Apple, 28.10% of households rent, and 67.90% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Pine Apple is $2,884 per month. Households that rent pay about 20.50% of their income on rent here. Pine Apple’s most expensive areas are in the central 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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