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These days, finding an affordable place to live in the Grace area can be challenging. Home prices in Grace are now at a median cost of $111,010, lower than the Mississippi average of $183,008.
The average cost of rent is $430/mo in Grace, primarily driven by the current value of real estate in the Grace area. In Grace, 25.02% of households rent, and 71.30% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Grace is $3,353 per month. Households that rent pay about 12.84% of their income on rent here. Grace’s most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hampton, MS: equally priced homes
- Lorenzen, MS: equally priced homes
- Glen Allan, MS: equally priced homes
- Egremont, MS: less expensive homes
- Rolling Fork, MS: higher priced homes
- Valewood, MS: equally priced homes
- Mayersville, MS: equally priced homes
- Cameta, MS: less expensive homes
- Anguilla, MS: less expensive homes
- Erwin, MS: equally priced homes
Cities with Similar Populations
- Trout River, NY: equally priced homes
- Turon, MS: higher priced homes
- Turner, ID: higher priced homes
- Tupelo, AR: less expensive homes
- Tunnelton, IN: equally priced homes
- Tunnel, NY: less expensive homes
- Tuggleville, KY: less expensive homes
- Troy, WV: less expensive homes
- Troy, SD: higher priced homes
- Tustin, WI: higher priced homes
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