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Affordable
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These days, finding an affordable place to live in the Eldorado area can be challenging. Home prices in Eldorado are now at a median cost of $113,043, lower than the Mississippi average of $183,008.
The average cost of rent is $1,027/mo in Eldorado, primarily driven by the current value of real estate in the Eldorado area. In Eldorado, 3.80% of households rent, and 78.96% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Eldorado is $5,585 per month. Households that rent pay about 18.38% of their income on rent here. Eldorado’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
- Phoenix, MS: higher priced homes
- Haynes Bluff, MS: higher priced homes
- Redwood, MS: higher priced homes
- Bovina, MS: higher priced homes
- Satartia, MS: higher priced homes
- Mechanicsburg, MS: higher priced homes
- Valley Park, MS: equally priced homes
- Nevada, MS: higher priced homes
- Brownsville, MS: higher priced homes
- Little Yazoo, MS: higher priced homes
Cities with Similar Populations
- Rugby, IN: higher priced homes
- Crystal Dale, NY: higher priced homes
- Cuchillo, NM: higher priced homes
- Cumberland Springs, TN: higher priced homes
- Daisy, AR: equally priced homes
- Damar, KS: equally priced homes
- Danville, MO: higher priced homes
- Darrington, MS: less expensive homes
- Deer Creek, IN: higher priced homes
- Edward, NC: higher priced homes
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