The Most Affordable Neighborhoods in Bay Springs, MS by Home Value

 

Bay Springs, MS Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Bay Springs area can be challenging. Home prices in Bay Springs are now at a median cost of $96,275, lower than the Mississippi average of $145,564.

The average cost of rent is $564/mo in Bay Springs, primarily driven by the current value of real estate in the Bay Springs area. While nearly 71.63% of residents own their homes outright in Bay Springs, 20.25% rent.

Housing affordability isn’t just about home prices, though. The average household income in Bay Springs is $3,625 per month. Households that rent pay about 15.55% of their income on rent here. Bay Springs's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.


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