The Most Affordable Neighborhoods in South Alameda, Lakewood, CO by Home Value

 

South Alameda, Lakewood, CO Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the South Alameda area can be challenging. Home prices in South Alameda are now at a median cost of $381,146, lower than the Lakewood average of $433,394.

The average cost of rent is $1,327/mo in South Alameda, primarily driven by the current value of real estate in the South Alameda area. While nearly 33.91% of residents own their homes outright in South Alameda, 73.48% rent.

Housing affordability isn’t just about home prices, though. The average household income in South Alameda is $4,388 per month. Households that rent pay about 30.24% of their income on rent here. South Alameda's most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the neighborhood.


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