The Most Affordable Neighborhoods in Hays, MT by Home Value

 

Hays, MT Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Hays area can be challenging. Home prices in Hays are now at a median cost of $89,622, lower than the Montana average of $409,886.

The average cost of rent is $640/mo in Hays, primarily driven by the current value of real estate in the Hays area. In Hays, 37.53% of households rent, and 91.45% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Hays is $4,687 per month. Households that rent pay about 13.66% of their income on rent here. Hays’s most expensive areas are in the northwestern 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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