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These days, finding an affordable place to live in the Aberdeen area can be challenging. Home prices in Aberdeen are now at a median cost of $106,564, lower than the Mississippi average of $183,008.
The average cost of rent is $768/mo in Aberdeen, primarily driven by the current value of real estate in the Aberdeen area. In Aberdeen, 28.28% of households rent, and 56.65% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Aberdeen is $3,732 per month. Households that rent pay about 20.59% of their income on rent here. Aberdeen’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- East Aberdeen, MS: less expensive homes
- Becker, MS: higher priced homes
- Binford, MS: less expensive homes
- Lackey, MS: equally priced homes
- Athens, MS: higher priced homes
- Wren, MS: less expensive homes
- Gibson, MS: equally priced homes
- Darracott, MS: less expensive homes
- Amory, MS: higher priced homes
- Hamilton, MS: equally priced homes
Cities with Similar Populations
- Harold, FL: higher priced homes
- Jersey Village, TX: higher priced homes
- Fort Irwin, CA: higher priced homes
- Sitka, AK: higher priced homes
- Southampton, NY: higher priced homes
- Wading River, NY: higher priced homes
- Pageland, SC: higher priced homes
- Edgemere, MD: higher priced homes
- St. Pete Beach, FL: higher priced homes
- Alpine, TX: higher priced homes
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