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These days, finding an affordable place to live in the Sylvania area can be challenging. Home prices in Sylvania are now at a median cost of $166,812, lower than the Alabama average of $228,911.
The average cost of rent is $677/mo in Sylvania, primarily driven by the current value of real estate in the Sylvania area. In Sylvania, 14.99% of households rent, and 64.59% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sylvania is $5,581 per month. Households that rent pay about 12.13% of their income on rent here. Sylvania’s most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Rainsville, AL: higher priced homes
- Powell, AL: higher priced homes
- Powells Crossroads, AL: higher priced homes
- Henagar, AL: less expensive homes
- Dutton, AL: less expensive homes
- Shiloh, AL: equally priced homes
- Pine Ridge, AL: equally priced homes
- Pisgah, AL: less expensive homes
- Valley Head, AL: less expensive homes
- Fort Payne, AL: equally priced homes
Cities with Similar Populations
- Belle, MO: higher priced homes
- Iberia, MO: equally priced homes
- Grove Hill, AL: less expensive homes
- Garysburg, NC: less expensive homes
- Dutton, AL: less expensive homes
- Deposit, NY: less expensive homes
- Damascus, VA: higher priced homes
- Dale, IN: less expensive homes
- Chesterfield, IN: less expensive homes
- Chackbay, LA: higher priced homes
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