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These days, finding an affordable place to live in the Springville area can be challenging. Home prices in Springville are now at a median cost of $265,754, higher than the Alabama average of $228,911.
The average cost of rent is $816/mo in Springville, primarily driven by the current value of real estate in the Springville area. In Springville, 12.65% of households rent, and 43.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Springville is $8,033 per month. Households that rent pay about 10.16% of their income on rent here. Springville’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- St. Clair Springs, AL: less expensive homes
- Springville Lake Estates, AL: equally priced homes
- Argo, AL: higher priced homes
- Highland Lake, AL: less expensive homes
- Cool Springs, AL: less expensive homes
- Odenville, AL: equally priced homes
- Margaret, AL: less expensive homes
- Pinedale Shores, AL: less expensive homes
- Straight Mountain, AL: less expensive homes
- Remlap, AL: less expensive homes
Cities with Similar Populations
- Wading River, NY: higher priced homes
- Breckenridge, CO: higher priced homes
- Bremen, IN: equally priced homes
- Brentwood, MO: higher priced homes
- Brewer, ME: equally priced homes
- Vilonia, AR: less expensive homes
- Vinita, OK: less expensive homes
- Von Ormy, TX: less expensive homes
- Wadesboro, NC: less expensive homes
- Bowie, TX: less expensive homes
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