The Most Affordable Neighborhoods in Fondren North Renaissance, Jackson, MS by Home Value

 

Fondren North Renaissance, Jackson, MS Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Fondren North Renaissance area can be challenging. Home prices in Fondren North Renaissance are now at a median cost of $202,569, lower than the Jackson average of $204,077.

The average cost of rent is $1,136/mo in Fondren North Renaissance, primarily driven by the current value of real estate in the Fondren North Renaissance area. In Fondren North Renaissance, 57.32% of households rent, and 50.26% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Fondren North Renaissance is $3,822 per month. Households that rent pay about 29.71% of their income on rent here. Fondren North Renaissance’s most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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