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Affordable
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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 $121,312, lower than the Alabama average of $228,911.
The average cost of rent is $776/mo in Sheffield, primarily driven by the current value of real estate in the Sheffield area. In Sheffield, 38.33% of households rent, and 58.34% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sheffield is $3,890 per month. Households that rent pay about 19.96% of their income on rent here. Sheffield’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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: equally priced 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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