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Affordable
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These days, finding an affordable place to live in the Flowood area can be challenging. Home prices in Flowood are now at a median cost of $362,199, higher than the Mississippi average of $183,008.
The average cost of rent is $1,527/mo in Flowood, primarily driven by the current value of real estate in the Flowood area. In Flowood, 46.09% of households rent, and 28.94% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Flowood is $8,064 per month. Households that rent pay about 18.94% of their income on rent here. Flowood’s most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Brandon, MS: less expensive homes
- Pearl, MS: less expensive homes
- Ridgeland, MS: less expensive homes
- Whitfield, MS: less expensive homes
- Jackson, MS: less expensive homes
- Rankin, MS: less expensive homes
- Sherwood Forest, MS: less expensive homes
- Richland, MS: less expensive homes
- Robinhood, MS: less expensive homes
- Gulde, MS: less expensive homes
Cities with Similar Populations
- Northport, NY: higher priced homes
- Newaygo, MI: less expensive homes
- Newcastle, OK: less expensive homes
- Newport Coast, CA: higher priced homes
- Newport, OR: higher priced homes
- Newton Falls, OH: less expensive homes
- Newville, PA: less expensive homes
- Niantic, CT: higher priced homes
- Nine Mile Falls, WA: higher priced homes
- North Billerica, MA: higher priced homes
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