Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the Clay area can be challenging. Home prices in Clay are now at a median cost of $230,012, higher than the Alabama average of $228,911.
The average cost of rent is $1,800/mo in Clay, primarily driven by the current value of real estate in the Clay area. In Clay, 13.40% of households rent, and 30.53% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Clay is $7,113 per month. Households that rent pay about 25.31% of their income on rent here. Clay’s most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Pinson, AL: less expensive homes
- Trussville, AL: higher priced homes
- Center Point, AL: less expensive homes
- Argo, AL: higher priced homes
- Village Springs, AL: equally priced homes
- Margaret, AL: equally priced homes
- Springville Lake Estates, AL: higher priced homes
- Moody, AL: equally priced homes
- Morris, AL: equally priced homes
- Irondale, AL: higher priced homes
Cities with Similar Populations
- Lake Ariel, PA: equally priced homes
- Poquoson, VA: higher priced homes
- Pontiac, IL: less expensive homes
- Polk City, FL: higher priced homes
- Pleasantville, NY: higher priced homes
- Lansdowne, VA: higher priced homes
- Lanett, AL: less expensive homes
- Lakewood Park, FL: equally priced homes
- Lakeland, TN: higher priced homes
- Lake Stickney, WA: higher priced homes
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