Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Sheffield area can be challenging. Home prices in Sheffield are now at a median cost of $96,490, lower than the Alabama average of $185,232.
The average cost of rent is $737/mo in Sheffield, primarily driven by the current value of real estate in the Sheffield area. While nearly 55.73% of residents own their homes outright in Sheffield, 39.50% rent.
Housing affordability isn’t just about home prices, though. The average household income in Sheffield is $3,589 per month. Households that rent pay about 20.52% of their income on rent here. Sheffield's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Tuscumbia, AL: higher priced homes
- Muscle Shoals, AL: higher priced homes
- Steenson Hollow, AL: higher priced homes
- Wilson Lake Shores, AL: higher priced homes
- Cedar Hills Estates, AL: higher priced homes
- Mansion View, AL: higher priced homes
- Colonial Heights, AL: higher priced homes
- Lakeview Highlands, AL: higher priced homes
- Florence, AL: higher priced homes
- Oakland, AL: higher priced homes
Cities with Similar Populations
- Gonzales, CA: higher priced homes
- St. Pete Beach, FL: higher priced homes
- St. Pauls, NC: less expensive homes
- St. Joseph, MN: higher priced homes
- St. Francis, WI: higher priced homes
- St. Francis, MN: higher priced homes
- St. Augustine Shores, FL: higher priced homes
- Harrisburg, SD: higher priced homes
- Harrington, DE: higher priced homes
- Harpers Ferry, WV: higher priced homes
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