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Affordable
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These days, finding an affordable place to live in the Ellard area can be challenging. Home prices in Ellard are now at a median cost of $176,900, lower than the Mississippi average of $183,008.
The average cost of rent is $645/mo in Ellard, primarily driven by the current value of real estate in the Ellard area. In Ellard, 23.59% of households rent, and 51.13% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ellard is $5,481 per month. Households that rent pay about 11.77% of their income on rent here. Ellard’s most expensive areas are in the eastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Bruce, MS: less expensive homes
- Skuna, MS: equally priced homes
- Shepherd, MS: less expensive homes
- Banner, MS: less expensive homes
- Pittsboro, MS: less expensive homes
- Sarepta, MS: less expensive homes
- Robbs, MS: less expensive homes
- Tyson, MS: less expensive homes
- Paris, MS: equally priced homes
- Velma, MS: less expensive homes
Cities with Similar Populations
- Marshview, PA: higher priced homes
- Morris Run, PA: less expensive homes
- Morganton, AR: less expensive homes
- Minnesota Junction, WI: higher priced homes
- Minkler, CA: higher priced homes
- Mikado, MI: less expensive homes
- Middlebury, OH: higher priced homes
- Mexia, AL: less expensive homes
- Melzo, MO: equally priced homes
- Melvin, IA: less expensive homes
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