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These days, finding an affordable place to live in the Riverside area can be challenging. Home prices in Riverside are now at a median cost of $197,770, lower than the Alabama average of $228,911.
The average cost of rent is $1,002/mo in Riverside, primarily driven by the current value of real estate in the Riverside area. In Riverside, 19.71% of households rent, and 47.80% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Riverside is $5,998 per month. Households that rent pay about 16.71% of their income on rent here. Riverside’s most expensive areas are in the western 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
- Lincoln, AL: equally priced homes
- Wattsville, AL: equally priced homes
- Pell City, AL: equally priced homes
- Ragland, AL: less expensive homes
- Cropwell, AL: higher priced homes
- Macon, AL: less expensive homes
- Cool Springs, AL: equally priced homes
- Cook Springs, AL: equally priced homes
- Odenville, AL: higher priced homes
- Eastaboga, AL: less expensive homes
Cities with Similar Populations
- Babson Park, FL: equally priced homes
- Crescent, PA: higher priced homes
- Cayucos, CA: higher priced homes
- Concord, MI: equally priced homes
- Coats Crossroads, NC: higher priced homes
- Smithville, MS: less expensive homes
- Magdalena, NM: less expensive homes
- Markleville, IN: higher priced homes
- Mexico, ME: less expensive homes
- Newton, TX: less expensive homes
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