Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Chatham area can be challenging. Home prices in Chatham are now at a median cost of $116,700, lower than the Mississippi average of $183,008.
The average cost of rent is $761/mo in Chatham, primarily driven by the current value of real estate in the Chatham area. In Chatham, 23.14% of households rent, and 65.34% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Chatham is $1,912 per month. Households that rent pay about 39.79% of their income on rent here. Chatham’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Erwin, MS: equally priced homes
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- Valewood, MS: equally priced homes
- Hampton, MS: equally priced homes
- Readland, AR: less expensive homes
- Grace, MS: equally priced homes
- Eudora, AR: less expensive homes
- Percy, MS: equally priced homes
- Estill, MS: less expensive homes
Cities with Similar Populations
- Scottland, IL: equally priced homes
- Clemville, TX: higher priced homes
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- Hughes, AK: less expensive homes
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- Northway Village, AK: less expensive homes
- Searose Beach, OR: higher priced homes
- Prosper, NC: higher priced homes
- New Hope, OH: higher priced homes
- Westwood, LA: less expensive homes
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