Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the South East Lake area can be challenging. Home prices in South East Lake are now at a median cost of $84,678, lower than the Birmingham average of $216,642.
The average cost of rent is $1,029/mo in South East Lake, primarily driven by the current value of real estate in the South East Lake area. While nearly 37.50% of residents own their homes outright in South East Lake, 59.61% rent.
Housing affordability isn’t just about home prices, though. The average household income in South East Lake is $2,424 per month. Households that rent pay about 42.45% of their income on rent here. South East Lake's most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Nearby Neighborhoods
- Roebuck, Birmingham, AL: higher priced homes
- Huffman, Birmingham, AL: higher priced homes
- Crestline, Birmingham, AL: higher priced homes
- Spring Lake, Birmingham, AL: higher priced homes
- Forest Park, Birmingham, AL: higher priced homes
- Echo Highlands, Birmingham, AL: higher priced homes
- Highland Park, Birmingham, AL: higher priced homes
- Norwood, Birmingham, AL: higher priced homes
- Southside, Birmingham, AL: higher priced homes
- Redmont Park, Birmingham, AL: higher priced homes
Neighborhoods with Similar Populations
- Belaire, San Angelo, TX: higher priced homes
- Boca Teeca, Boca Raton, FL: higher priced homes
- Canterbury Green, Fort Wayne, IN: higher priced homes
- Central Hammond, Hammond, IN: higher priced homes
- Confederate Point, Jacksonville, FL: higher priced homes
- Corn Hill, Rochester, NY: higher priced homes
- Dicken, Ann Arbor, MI: higher priced homes
- Downtown Bradenton, Bradenton, FL: higher priced homes
- Las Palmas, San Antonio, TX: less expensive homes
- Eastside, Binghamton, NY: equally priced homes
All Local Stats
Home Services
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