The Most Affordable Neighborhoods in Fair Oak Springs, MS by Home Value

 

Fair Oak Springs, MS Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Fair Oak Springs area can be challenging. Home prices in Fair Oak Springs are now at a median cost of $103,873, lower than the Mississippi average of $145,564.

The average cost of rent is $811/mo in Fair Oak Springs, primarily driven by the current value of real estate in the Fair Oak Springs area. While nearly 81.08% of residents own their homes outright in Fair Oak Springs, 13.74% rent.

Housing affordability isn’t just about home prices, though. The average household income in Fair Oak Springs is $5,591 per month. Households that rent pay about 14.51% of their income on rent here. Fair Oak Springs's most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.


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