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These days, finding an affordable place to live in the Siloam area can be challenging. Home prices in Siloam are now at a median cost of $141,858, lower than the Alabama average of $228,911.
The average cost of rent is $1,050/mo in Siloam, primarily driven by the current value of real estate in the Siloam area. In Siloam, 15.51% of households rent, and 75.17% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Siloam is $3,871 per month. Households that rent pay about 27.13% of their income on rent here. Siloam’s most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Cuba, AL: less expensive homes
- Kinterbish, AL: equally priced homes
- York, AL: less expensive homes
- Ward, AL: less expensive homes
- Toomsuba, MS: equally priced homes
- Bellamy, AL: less expensive homes
- Lockhart, MS: less expensive homes
- Lauderdale, MS: equally priced homes
- Vimville, MS: equally priced homes
- Livingston, AL: equally priced homes
Cities with Similar Populations
- Bethlehem, TN: higher priced homes
- Avalon, GA: less expensive homes
- Turnersville, KY: less expensive homes
- Bancroft, MN: higher priced homes
- Bates, ID: higher priced homes
- Tyringham, MA: higher priced homes
- Ulupalakua, HI: higher priced homes
- Underhill, WI: higher priced homes
- Union Mills, IA: higher priced homes
- Bannockburn, GA: less expensive homes
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