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 $164,069, lower than the Alabama average of $185,232.

The average cost of rent is $809/mo in South Vinemont, primarily driven by the current value of real estate in the South Vinemont area. While nearly 45.02% of residents own their homes outright in South Vinemont, 22.60% rent.

Housing affordability isn’t just about home prices, though. The average household income in South Vinemont is $4,540 per month. Households that rent pay about 17.81% of their income on rent here. South Vinemont's most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.


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