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These days, finding an affordable place to live in the Athens area can be challenging. Home prices in Athens are now at a median cost of $174,156, lower than the Mississippi average of $183,008.
The average cost of rent is $735/mo in Athens, primarily driven by the current value of real estate in the Athens area. In Athens, 9.70% of households rent, and 43.44% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Athens is $5,301 per month. Households that rent pay about 13.87% of their income on rent here. Athens’s most expensive areas are in the central 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.
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