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Affordable
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These days, finding an affordable place to live in the Bolivar area can be challenging. Home prices in Bolivar are now at a median cost of $83,237, lower than the Mississippi average of $183,008.
The average cost of rent is $390/mo in Bolivar, primarily driven by the current value of real estate in the Bolivar area. In Bolivar, 27.79% of households rent, and 68.58% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bolivar is $4,842 per month. Households that rent pay about 8.05% of their income on rent here. Bolivar’s most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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