Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Canaan area can be challenging. Home prices in Canaan are now at a median cost of $69,181, lower than the Mississippi average of $145,564.
The average cost of rent is $711/mo in Canaan, primarily driven by the current value of real estate in the Canaan area. While nearly 85.48% of residents own their homes outright in Canaan, 0.20% rent.
Housing affordability isn’t just about home prices, though. The average household income in Canaan is $3,394 per month. Households that rent pay about 20.95% of their income on rent here. Canaan's most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Spring Hill, MS: higher priced homes
- Grand Junction, TN: higher priced homes
- Ashland, MS: higher priced homes
- Michigan City, MS: equally priced homes
- Rogers Spring, TN: higher priced homes
- Saulsbury, TN: higher priced homes
- La Grange, TN: higher priced homes
- Falkner, MS: higher priced homes
- Snow Lake Shores, MS: higher priced homes
- Tiplersville, MS: higher priced homes
Cities with Similar Populations
- Henderson, NY: higher priced homes
- Somerville, IN: higher priced homes
- Smithfield, IL: higher priced homes
- Halcyondale, GA: higher priced homes
- Hale, MO: higher priced homes
- Hallsburg, TX: higher priced homes
- Silverdale, KS: higher priced homes
- Harrodsburg, IN: higher priced homes
- Shoto, WI: higher priced homes
- Heinola, MN: higher priced homes
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