
Expensive
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These days, finding an affordable place to live in the Sylvan Springs area can be challenging. Home prices in Sylvan Springs are now at a median cost of $202,922, lower than the Alabama average of $228,911.
The average cost of rent is $1,242/mo in Sylvan Springs, primarily driven by the current value of real estate in the Sylvan Springs area. In Sylvan Springs, 15.45% of households rent, and 47.82% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sylvan Springs is $5,771 per month. Households that rent pay about 21.51% of their income on rent here. Sylvan Springs’s most expensive areas are in the eastern 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
- Mulga, AL: less expensive homes
- Pleasant Grove, AL: higher priced homes
- Maytown, AL: less expensive homes
- Bayview, AL: less expensive homes
- Dolomite, AL: less expensive homes
- McDonald Chapel, AL: less expensive homes
- Hueytown, AL: less expensive homes
- Docena, AL: less expensive homes
- Gilmore, AL: less expensive homes
- Adamsville, AL: less expensive homes
Cities with Similar Populations
- Treynor, IA: higher priced homes
- Cushing, TX: less expensive homes
- Damon, TX: higher priced homes
- Donnellson, IA: less expensive homes
- Drakesboro, KY: less expensive homes
- Ennis, MT: higher priced homes
- Halfway, MO: less expensive homes
- Heppner, OR: higher priced homes
- Keno, OR: higher priced homes
- Sutton, NE: less expensive homes
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