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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 $188,027, lower than the Alabama average of $228,911.
The average cost of rent is $619/mo in Bay Springs, primarily driven by the current value of real estate in the Bay Springs area. In Bay Springs, 23.16% of households rent, and 61.91% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bay Springs is $2,999 per month. Households that rent pay about 20.64% of their income on rent here. Bay Springs’s most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Leesburg, AL: higher priced homes
- Tennala, AL: higher priced homes
- Piney, AL: higher priced homes
- Sand Rock, AL: equally priced homes
- Centre, AL: equally priced homes
- Cedar Bluff, AL: higher priced homes
- Cornwall Furnace, AL: equally priced homes
- Howells Crossroads, AL: less expensive homes
- Ellisville, AL: higher priced homes
- Estes Crossroads, AL: equally priced homes
Cities with Similar Populations
- Kitts Hummock, DE: higher priced homes
- Highbluff, AL: equally priced homes
- Hilton Village, WV: less expensive homes
- Holland, GA: higher priced homes
- Holliday Landing, MO: less expensive homes
- Hosmer, SD: less expensive homes
- Howes, SD: less expensive homes
- Hudson, KS: less expensive homes
- Hunter, MO: equally priced homes
- Inkerman, WV: less expensive homes
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