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

 

Teasleys Mill, AL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Teasleys Mill area can be challenging. Home prices in Teasleys Mill are now at a median cost of $235,360, higher than the Alabama average of $185,232.

The average cost of rent is $785/mo in Teasleys Mill, primarily driven by the current value of real estate in the Teasleys Mill area. While nearly 47.63% of residents own their homes outright in Teasleys Mill, 17.35% rent.

Housing affordability isn’t just about home prices, though. The average household income in Teasleys Mill is $5,341 per month. Households that rent pay about 14.69% of their income on rent here. Teasleys Mill's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.


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