The Most Affordable Neighborhoods in South Vinemont, AL by Home Value

 

South Vinemont, AL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the South Vinemont area can be challenging. Home prices in South Vinemont are now at a median cost of $223,718, lower than the Alabama average of $228,911.

The average cost of rent is $1,055/mo in South Vinemont, primarily driven by the current value of real estate in the South Vinemont area. In South Vinemont, 18.27% of households rent, and 45.96% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in South Vinemont is $5,687 per month. Households that rent pay about 18.55% of their income on rent here. South Vinemont’s most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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