The Most Affordable Neighborhoods in Gore Springs, MS by Home Value

 

Gore Springs, MS Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Gore Springs area can be challenging. Home prices in Gore Springs are now at a median cost of $126,564, lower than the Mississippi average of $183,008.

The average cost of rent is $840/mo in Gore Springs, primarily driven by the current value of real estate in the Gore Springs area. In Gore Springs, 14.46% of households rent, and 71.70% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Gore Springs is $5,406 per month. Households that rent pay about 15.54% of their income on rent here. Gore Springs’s most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the city.

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


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