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Affordable
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These days, finding an affordable place to live in the Derby area can be challenging. Home prices in Derby are now at a median cost of $127,600, lower than the Mississippi average of $183,008.
The average cost of rent is $1,085/mo in Derby, primarily driven by the current value of real estate in the Derby area. In Derby, 29.51% of households rent, and 66.15% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Derby is $4,153 per month. Households that rent pay about 26.13% of their income on rent here. Derby’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
- Poplarville, MS: higher priced homes
- Hillsdale, MS: higher priced homes
- Mc Neill, MS: higher priced homes
- West Poplarville, MS: higher priced homes
- Savannah, MS: higher priced homes
- Carriere, MS: higher priced homes
- Henleyfield, MS: higher priced homes
- Lees Creek, LA: less expensive homes
- Cybur, MS: higher priced homes
- Varnado, LA: higher priced homes
Cities with Similar Populations
- Peth, NY: less expensive homes
- Milldale, CT: higher priced homes
- Miller Dale Colony, SD: equally priced homes
- Milmine, IL: higher priced homes
- Milo, WV: equally priced homes
- Mina, PA: higher priced homes
- Mindenville, NY: less expensive homes
- Mineral, AR: less expensive homes
- Pearl, TX: higher priced homes
- Penntown, IN: higher priced homes
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