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Affordable
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These days, finding an affordable place to live in the Hayes area can be challenging. Home prices in Hayes are now at a median cost of $204,013, lower than the Illinois average of $300,242.
The average cost of rent is $700/mo in Hayes, primarily driven by the current value of real estate in the Hayes area. In Hayes, 12.30% of households rent, and 34.66% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hayes is $7,422 per month. Households that rent pay about 9.44% of their income on rent here. Hayes’s most expensive areas are in the western regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- West Ridge, IL: less expensive homes
- Pesotum, IL: less expensive homes
- Tuscola, IL: less expensive homes
- Ficklin, IL: higher priced homes
- Parkville, IL: higher priced homes
- Villa Grove, IL: less expensive homes
- Camargo, IL: equally priced homes
- Galton, IL: higher priced homes
- Sadorus, IL: equally priced homes
- Tolono, IL: higher priced homes
Cities with Similar Populations
- Sweetwater, ID: equally priced homes
- Confluence, KY: less expensive homes
- Conrad, PA: equally priced homes
- Cordero, NV: higher priced homes
- Corning, MO: less expensive homes
- Cortlandt, NY: higher priced homes
- Cullen, NY: equally priced homes
- Teigen, MT: equally priced homes
- Tapoco, NC: less expensive homes
- Tanglewood, IN: less expensive homes
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