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Affordable
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These days, finding an affordable place to live in the Erwin area can be challenging. Home prices in Erwin are now at a median cost of $116,700, lower than the Mississippi average of $183,008.
The average cost of rent is $761/mo in Erwin, primarily driven by the current value of real estate in the Erwin area. In Erwin, 23.14% of households rent, and 65.34% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Erwin is $1,912 per month. Households that rent pay about 39.79% of their income on rent here. Erwin’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
- Chatham, MS: equally priced homes
- Glen Allan, MS: equally priced homes
- Foote, MS: equally priced homes
- Hampton, MS: equally priced homes
- Valewood, MS: equally priced homes
- Grace, MS: equally priced homes
- Readland, AR: less expensive homes
- Percy, MS: equally priced homes
- Lorenzen, MS: less expensive homes
- Estill, MS: less expensive homes
Cities with Similar Populations
- West Almond, NY: higher priced homes
- Tar Hill, KY: higher priced homes
- Taylor, OK: less expensive homes
- Glen Hazel, PA: higher priced homes
- Ward, WV: less expensive homes
- Eloise, TX: higher priced homes
- Ellisonville, OH: higher priced homes
- Elba, IL: higher priced homes
- Egypt Mills, PA: higher priced homes
- Edsel, KY: less expensive homes
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