The Most Affordable Neighborhoods in Roanoke Junction, AL by Home Value

 

Roanoke Junction, AL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Roanoke Junction area can be challenging. Home prices in Roanoke Junction are now at a median cost of $167,369, lower than the Alabama average of $185,232.

The average cost of rent is $675/mo in Roanoke Junction, primarily driven by the current value of real estate in the Roanoke Junction area. While nearly 26.17% of residents own their homes outright in Roanoke Junction, 1.42% rent.

Housing affordability isn’t just about home prices, though. The average household income in Roanoke Junction is $7,612 per month. Households that rent pay about 8.86% of their income on rent here. Roanoke Junction's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.


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