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These days, finding an affordable place to live in the Decatur area can be challenging. Home prices in Decatur are now at a median cost of $143,203, lower than the Mississippi average of $183,008.
The average cost of rent is $823/mo in Decatur, primarily driven by the current value of real estate in the Decatur area. In Decatur, 23.47% of households rent, and 56.78% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Decatur is $4,389 per month. Households that rent pay about 18.75% of their income on rent here. Decatur’s most expensive areas are in the western 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
- Little Rock, MS: equally priced homes
- Newton, MS: less expensive homes
- Conehatta, MS: less expensive homes
- Hickory, MS: less expensive homes
- Stratton, MS: less expensive homes
- Perdue, MS: less expensive homes
- Lawrence, MS: less expensive homes
- Union, MS: less expensive homes
- Prospect, MS: equally priced homes
- Chunky, MS: less expensive homes
Cities with Similar Populations
- Ware Shoals, SC: less expensive homes
- Lansford, PA: less expensive homes
- Williamsburg, IA: higher priced homes
- Decatur, MI: higher priced homes
- Leonardo, NJ: higher priced homes
- Pawhuska, OK: equally priced homes
- Collinsville, MS: higher priced homes
- York Springs, PA: higher priced homes
- Winterport, ME: higher priced homes
- Templeton, MA: higher priced homes
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