Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Bay Springs area can be challenging. Home prices in Bay Springs are now at a median cost of $254,393, higher than the Alabama average of $185,232.
The average cost of rent is $630/mo in Bay Springs, primarily driven by the current value of real estate in the Bay Springs area. While nearly 54.21% of residents own their homes outright in Bay Springs, 29.14% rent.
Housing affordability isn’t just about home prices, though. The average household income in Bay Springs is $3,718 per month. Households that rent pay about 16.95% of their income on rent here. Bay Springs's most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Leesburg, AL: less expensive homes
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Cities with Similar Populations
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- Hunter, MO: less expensive homes
- Inkerman, WV: less expensive homes
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