Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Sheldon area can be challenging. Home prices in Sheldon are now at a median cost of $258,342, higher than the Mobile average of $211,057.
The average cost of rent is $1,249/mo in Sheldon, primarily driven by the current value of real estate in the Sheldon area. In Sheldon, 42.22% of households rent, and 39.12% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sheldon is $4,894 per month. Households that rent pay about 25.51% of their income on rent here. Sheldon’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Thornhill, Mobile, AL: higher priced homes
- Reichlieu, Mobile, AL: less expensive homes
- Second Creek, Mobile, AL: higher priced homes
- Overton, Mobile, AL: higher priced homes
- Yorkwood, Mobile, AL: equally priced homes
- Berkleigh, Mobile, AL: less expensive homes
- Westhill, Mobile, AL: equally priced homes
- Claremont, Mobile, AL: equally priced homes
- Baker, Mobile, AL: less expensive homes
- Malibar Heights, Mobile, AL: less expensive homes
Neighborhoods with Similar Populations
- Willamette-West Linn, West Linn, OR: higher priced homes
- Arlington Park, Sarasota, FL: higher priced homes
- Atlanta-Inman Park, Atlanta, GA: higher priced homes
- Wildwood, Ann Arbor, MI: higher priced homes
- Bartolo Square North, Oxnard, CA: higher priced homes
- Westhaven, Franklin, TN: higher priced homes
- West Slope, Beaverton, OR: higher priced homes
- Bennington, Vancouver, WA: higher priced homes
- West Gate, Columbus, OH: less expensive homes
- Mount Vernon, Baltimore, MD: equally priced homes
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