Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Spring Lake area can be challenging. Home prices in Spring Lake are now at a median cost of $110,899, lower than the Birmingham average of $216,642.
The average cost of rent is $1,004/mo in Spring Lake, primarily driven by the current value of real estate in the Spring Lake area. While nearly 29.57% of residents own their homes outright in Spring Lake, 53.68% rent.
Housing affordability isn’t just about home prices, though. The average household income in Spring Lake is $3,401 per month. Households that rent pay about 29.52% of their income on rent here. Spring Lake's most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the neighborhood.
Nearby Neighborhoods
- Huffman, Birmingham, AL: equally priced homes
- Roebuck, Birmingham, AL: equally priced homes
- Echo Highlands, Birmingham, AL: higher priced homes
- Apple Valley, Birmingham, AL: equally priced homes
- South East Lake, Birmingham, AL: less expensive homes
- Crestline, Birmingham, AL: higher priced homes
- Forest Park, Birmingham, AL: higher priced homes
- Norwood, Birmingham, AL: higher priced homes
- Highland Park, Birmingham, AL: higher priced homes
- Southside, Birmingham, AL: higher priced homes
Neighborhoods with Similar Populations
- Paradise Valley, South San Francisco, CA: higher priced homes
- Caufield, Oregon City, OR: higher priced homes
- Rock Creek Lexington Road, Louisville, KY: higher priced homes
- Haines Corner, Lewiston, ME: higher priced homes
- Mission Hills, El Paso, TX: higher priced homes
- Young-Lilly, Springfield, MO: higher priced homes
- Jeff Davis, Richmond, VA: less expensive homes
- Carver, Waco, TX: equally priced homes
- Bonham, San Angelo, TX: higher priced homes
- Benjamin Hills, Wichita, KS: higher priced homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood