The Most Affordable Neighborhoods in Summerdale, AL by Home Value

 

Summerdale, AL Map of Most Affordable Neighborhoods
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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 $226,455, higher than the Alabama average of $185,232.

The average cost of rent is $1,016/mo in Summerdale, primarily driven by the current value of real estate in the Summerdale area. While nearly 49.87% of residents own their homes outright in Summerdale, 16.11% rent.

Housing affordability isn’t just about home prices, though. The average household income in Summerdale is $4,384 per month. Households that rent pay about 23.17% of their income on rent here. Summerdale's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.


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