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 $198,676, lower than the Alabama average of $228,911.

The average cost of rent is $1,167/mo in Hays Mill, primarily driven by the current value of real estate in the Hays Mill area. In Hays Mill, 37.32% of households rent, and 39.06% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Hays Mill is $5,226 per month. Households that rent pay about 22.32% 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.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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