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Affordable
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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 $125,580, lower than the Mississippi average of $183,008.
The average cost of rent is $545/mo in Bay Springs, primarily driven by the current value of real estate in the Bay Springs area. In Bay Springs, 19.79% of households rent, and 73.57% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bay Springs is $4,741 per month. Households that rent pay about 11.50% of their income on rent here. Bay Springs’s most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Waldrup, MS: equally priced homes
- Sylvarena, MS: less expensive homes
- McNeal, MS: less expensive homes
- Moss, MS: less expensive homes
- Stringer, MS: equally priced homes
- Louin, MS: less expensive homes
- Montrose, MS: equally priced homes
- Cohay, MS: less expensive homes
- Summerland, MS: less expensive homes
- Ras, MS: less expensive homes
Cities with Similar Populations
- Jacksons' Gap, AL: higher priced homes
- Ellsworth, KS: higher priced homes
- Runaway Bay, TX: higher priced homes
- Remington, VA: higher priced homes
- Clyde Hill, WA: higher priced homes
- Dunstable, MA: higher priced homes
- Eastham, MA: higher priced homes
- Elkhorn City, KY: less expensive homes
- West Orange, TX: less expensive homes
- Merton, WI: higher priced homes
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