The Most Affordable Neighborhoods in Wilson Lake Shores, AL by Home Value

 

Wilson Lake Shores, AL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Wilson Lake Shores area can be challenging. Home prices in Wilson Lake Shores are now at a median cost of $145,356, lower than the Alabama average of $185,232.

The average cost of rent is $892/mo in Wilson Lake Shores, primarily driven by the current value of real estate in the Wilson Lake Shores area. While nearly 65.19% of residents own their homes outright in Wilson Lake Shores, 8.26% rent.

Housing affordability isn’t just about home prices, though. The average household income in Wilson Lake Shores is $3,739 per month. Households that rent pay about 23.86% of their income on rent here. Wilson Lake Shores's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.


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