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

 

Nix Mill, AL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Nix Mill area can be challenging. Home prices in Nix Mill are now at a median cost of $68,600, lower than the Alabama average of $185,232.

The average cost of rent is $649/mo in Nix Mill, primarily driven by the current value of real estate in the Nix Mill area. While nearly 82.90% of residents own their homes outright in Nix Mill, 18.09% rent.

Housing affordability isn’t just about home prices, though. The average household income in Nix Mill is $2,338 per month. Households that rent pay about 27.76% of their income on rent here. Nix Mill's most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the city.


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