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Affordable
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These days, finding an affordable place to live in the Summerdale area can be challenging. Home prices in Summerdale are now at a median cost of $271,196, higher than the Alabama average of $228,911.
The average cost of rent is $1,011/mo in Summerdale, primarily driven by the current value of real estate in the Summerdale area. In Summerdale, 16.70% of households rent, and 41.79% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Summerdale is $6,210 per month. Households that rent pay about 16.28% of their income on rent here. Summerdale’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Silverhill, AL: equally priced homes
- Magnolia Springs, AL: higher priced homes
- Foley, AL: equally priced homes
- Robertsdale, AL: equally priced homes
- Fairhope, AL: higher priced homes
- Miflin, AL: higher priced homes
- Elberta, AL: equally priced homes
- Montrose, AL: higher priced homes
- Bon Secour, AL: higher priced homes
- Point Clear, AL: higher priced homes
Cities with Similar Populations
- Narvon, PA: higher priced homes
- New Boston, TX: less expensive homes
- Nettleton, MS: less expensive homes
- Neshanic Station, NJ: higher priced homes
- Neptune Beach, FL: higher priced homes
- Nephi, UT: higher priced homes
- Nelsonville, OH: less expensive homes
- Negaunee, MI: less expensive homes
- Natalia, TX: less expensive homes
- Nashville, AR: less expensive homes
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