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These days, finding an affordable place to live in the South Alabama area can be challenging. Home prices in South Alabama are now at a median cost of $153,034, lower than the New York average of $610,895.
The average cost of rent is $856/mo in South Alabama, primarily driven by the current value of real estate in the South Alabama area. In South Alabama, 20.81% of households rent, and 33.27% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in South Alabama is $6,360 per month. Households that rent pay about 13.47% of their income on rent here. South Alabama’s most expensive areas are in the southeastern 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
- Oakfield, NY: higher priced homes
- North Pembroke, NY: higher priced homes
- Basom, NY: equally priced homes
- Wheatville, NY: equally priced homes
- Bushville, NY: higher priced homes
- Indian Falls, NY: higher priced homes
- Corfu, NY: higher priced homes
- West Batavia, NY: higher priced homes
- Daws, NY: equally priced homes
- Pembroke, NY: higher priced homes
Cities with Similar Populations
- Roebuck, VA: higher priced homes
- North Swanzey, NH: higher priced homes
- Ojibwa, WI: higher priced homes
- Old Washington, OH: higher priced homes
- Oldwick, NJ: higher priced homes
- Olivet, WI: higher priced homes
- River aux Vases, MO: higher priced homes
- Riverside, NY: less expensive homes
- Rockdale, NY: less expensive homes
- Rocky Gap, VA: higher priced homes
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