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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 $334,302, lower than the Virginia average of $443,089.
The average cost of rent is $1,360/mo in Hayes, primarily driven by the current value of real estate in the Hayes area. In Hayes, 16.87% of households rent, and 39.77% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hayes is $6,925 per month. Households that rent pay about 19.64% of their income on rent here. Hayes’s most expensive areas are in the western 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
- Selden, VA: higher priced homes
- Gloucester Point, VA: equally priced homes
- Wicomico, VA: less expensive homes
- Naxera, VA: higher priced homes
- Gloucester Courthouse, VA: higher priced homes
- Clay Bank, VA: less expensive homes
- Lackey, VA: equally priced homes
- Queens Lake, VA: equally priced homes
- Gloucester, VA: equally priced homes
- Bohannon, VA: equally priced homes
Cities with Similar Populations
- Edgartown, MA: higher priced homes
- Saxonburg, PA: less expensive homes
- Satsuma, FL: less expensive homes
- Saranac, MI: less expensive homes
- Santa Ynez, CA: higher priced homes
- East Walpole, MA: higher priced homes
- Salton City, CA: less expensive homes
- East Windsor, CT: less expensive homes
- Salmon, ID: equally priced homes
- Eastover, SC: less expensive homes
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