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These days, finding an affordable place to live in the Columbia area can be challenging. Home prices in Columbia are now at a median cost of $129,479, lower than the Mississippi average of $183,008.
The average cost of rent is $760/mo in Columbia, primarily driven by the current value of real estate in the Columbia area. In Columbia, 24.93% of households rent, and 59.09% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Columbia is $4,140 per month. Households that rent pay about 18.35% of their income on rent here. Columbia’s most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Expose, MS: higher priced homes
- Hub, MS: higher priced homes
- Foxworth, MS: less expensive homes
- Jamestown, MS: less expensive homes
- Improve, MS: higher priced homes
- Goss, MS: higher priced homes
- Pickwick, MS: less expensive homes
- White Bluff, MS: less expensive homes
- Pinebur, MS: higher priced homes
- Kokomo, MS: less expensive homes
Cities with Similar Populations
- Fleetwood, PA: higher priced homes
- Crestwood, MO: higher priced homes
- Edgewater, MD: higher priced homes
- Shorewood, WI: higher priced homes
- Shingle Springs, CA: higher priced homes
- Farmington, NY: higher priced homes
- Farmville, VA: higher priced homes
- Shawano, WI: higher priced homes
- Sharonville, OH: higher priced homes
- Country Club, CA: higher priced homes
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