The Most Affordable Neighborhoods in Hays Mill, AL by Home Value

 

Hays Mill, AL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Hays Mill area can be challenging. Home prices in Hays Mill are now at a median cost of $151,658, lower than the Alabama average of $185,232.

The average cost of rent is $1,110/mo in Hays Mill, primarily driven by the current value of real estate in the Hays Mill area. While nearly 53.31% of residents own their homes outright in Hays Mill, 33.30% rent.

Housing affordability isn’t just about home prices, though. The average household income in Hays Mill is $4,761 per month. Households that rent pay about 23.31% of their income on rent here. Hays Mill's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.


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