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Affordable
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These days, finding an affordable place to live in the Bobo area can be challenging. Home prices in Bobo are now at a median cost of $135,272, lower than the Mississippi average of $183,008.
The average cost of rent is $864/mo in Bobo, primarily driven by the current value of real estate in the Bobo area. In Bobo, 10.62% of households rent, and 60.32% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bobo is $5,907 per month. Households that rent pay about 14.62% of their income on rent here. Bobo’s most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lambert, MS: less expensive homes
- Belen, MS: less expensive homes
- Marks, MS: less expensive homes
- Sabino, MS: less expensive homes
- Crowder, MS: less expensive homes
- Locke Station, MS: less expensive homes
- Falcon, MS: less expensive homes
- Mimms, MS: less expensive homes
- Vance, MS: equally priced homes
- Darling, MS: less expensive homes
Cities with Similar Populations
- Frost, OH: equally priced homes
- Richardsville, PA: higher priced homes
- Rieth, OR: higher priced homes
- Gerlach, NV: higher priced homes
- Roberts Corner, NY: higher priced homes
- Robinsons, AL: less expensive homes
- Gays Creek, KY: less expensive homes
- Garrison, MO: higher priced homes
- Rock Camp, WV: less expensive homes
- Rocky Hill, AR: equally priced homes
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