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

 

Posey Mill, AL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Posey Mill area can be challenging. Home prices in Posey Mill are now at a median cost of $128,265, lower than the Alabama average of $185,232.

The average cost of rent is $638/mo in Posey Mill, primarily driven by the current value of real estate in the Posey Mill area. While nearly 65.57% of residents own their homes outright in Posey Mill, 26.08% rent.

Housing affordability isn’t just about home prices, though. The average household income in Posey Mill is $4,115 per month. Households that rent pay about 15.49% of their income on rent here. Posey Mill's most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the city.


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