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Affordable
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These days, finding an affordable place to live in the DeSoto area can be challenging. Home prices in DeSoto are now at a median cost of $181,738, lower than the Mississippi average of $183,008.
The average cost of rent is $777/mo in DeSoto, primarily driven by the current value of real estate in the DeSoto area. In DeSoto, 19.30% of households rent, and 61.61% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in DeSoto is $4,401 per month. Households that rent pay about 17.66% of their income on rent here. DeSoto’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Quitman, MS: equally priced homes
- Hale, MS: less expensive homes
- Elwood, MS: less expensive homes
- Harmony, MS: less expensive homes
- Nancy, MS: less expensive homes
- Shubuta, MS: less expensive homes
- Langsdale, MS: less expensive homes
- Mannassa, MS: less expensive homes
- Crandall, MS: equally priced homes
- Beatrice, MS: less expensive homes
Cities with Similar Populations
- Red Hill, NM: higher priced homes
- Menlo, KS: higher priced homes
- Merna, WY: higher priced homes
- Merricourt, ND: equally priced homes
- Merrill, NY: less expensive homes
- Miamiville, OH: higher priced homes
- Middlefield, NY: higher priced homes
- Millers Mills, NY: higher priced homes
- Millport, IN: higher priced homes
- Milltown, AR: higher priced homes
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