The Most Affordable Neighborhoods in Chapel Hill, MS by Home Value

 

Chapel Hill, MS Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Chapel Hill area can be challenging. Home prices in Chapel Hill are now at a median cost of $134,473, lower than the Mississippi average of $145,564.

The average cost of rent is $716/mo in Chapel Hill, primarily driven by the current value of real estate in the Chapel Hill area. While nearly 60.04% of residents own their homes outright in Chapel Hill, 8.61% rent.

Housing affordability isn’t just about home prices, though. The average household income in Chapel Hill is $4,734 per month. Households that rent pay about 15.12% of their income on rent here. Chapel Hill's most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the city.


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