The Most Affordable Neighborhoods in Fair River, MS by Home Value

 

Fair River, MS Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Fair River area can be challenging. Home prices in Fair River are now at a median cost of $92,940, lower than the Mississippi average of $145,564.

The average cost of rent is $787/mo in Fair River, primarily driven by the current value of real estate in the Fair River area. While nearly 59.49% of residents own their homes outright in Fair River, 19.10% rent.

Housing affordability isn’t just about home prices, though. The average household income in Fair River is $5,290 per month. Households that rent pay about 14.88% of their income on rent here. Fair River's most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.


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