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These days, finding an affordable place to live in the 38827 area can be challenging. Home prices in 38827 are now at a median cost of $172,033, lower than the Mississippi average of $183,008.
The average cost of rent is $736/mo in 38827, primarily driven by the current value of real estate in the 38827 area. In 38827, 27.73% of households rent, and 55.58% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 38827 is $5,073 per month. Households that rent pay about 14.52% of their income on rent here. 38827’s most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 38838, MS: less expensive homes
- 38847, MS: less expensive homes
- 35582, AL: less expensive homes
- 38873, MS: less expensive homes
- 38859, MS: less expensive homes
- 38856, MS: less expensive homes
- 38829, MS: less expensive homes
- 38824, MS: less expensive homes
- 35585, AL: equally priced homes
- 35653, AL: less expensive homes
Zip Codes with Similar Populations
- 16154, PA: less expensive homes
- 22843, VA: higher priced homes
- 24649, VA: less expensive homes
- 29437, SC: higher priced homes
- 31012, GA: less expensive homes
- 35540, AL: less expensive homes
- 76624, TX: higher priced homes
- 50629, IA: higher priced homes
- 52625, IA: equally priced homes
- 53820, WI: higher priced homes
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