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Affordable
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These days, finding an affordable place to live in the Hazel area can be challenging. Home prices in Hazel are now at a median cost of $86,386, lower than the Virginia average of $443,089.
The average cost of rent is $603/mo in Hazel, primarily driven by the current value of real estate in the Hazel area. In Hazel, 19.18% of households rent, and 72.26% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hazel is $2,537 per month. Households that rent pay about 23.79% of their income on rent here. Hazel’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Wakenva, VA: equally priced homes
- Dante, VA: less expensive homes
- Sun, VA: equally priced homes
- Duty, VA: higher priced homes
- South Clinchfield, VA: higher priced homes
- Bucu, VA: equally priced homes
- Tiny, VA: higher priced homes
- West Dante, VA: higher priced homes
- Bee, VA: higher priced homes
- Carterton, VA: higher priced homes
Cities with Similar Populations
- Southport, TN: higher priced homes
- Butte, ID: higher priced homes
- Caile, MS: higher priced homes
- Sni Mills, MO: higher priced homes
- Snicarte, IL: equally priced homes
- Snowshoe, WV: higher priced homes
- South Monmouth, ME: higher priced homes
- South Purmela, TX: higher priced homes
- South Shore, MO: higher priced homes
- Butler, SD: higher priced homes
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