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Affordable
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These days, finding an affordable place to live in the Grenada area can be challenging. Home prices in Grenada are now at a median cost of $147,237, lower than the Mississippi average of $183,008.
The average cost of rent is $829/mo in Grenada, primarily driven by the current value of real estate in the Grenada area. In Grenada, 38.52% of households rent, and 54.39% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Grenada is $4,070 per month. Households that rent pay about 20.38% of their income on rent here. Grenada’s most expensive areas are in the southeastern 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
- Futheyville, MS: less expensive homes
- Geeslin Corner, MS: less expensive homes
- Nason, MS: higher priced homes
- Elliott, MS: higher priced homes
- Hardy, MS: less expensive homes
- Holcomb, MS: less expensive homes
- Jefferson, MS: less expensive homes
- Rosebloom, MS: less expensive homes
- Duck Hill, MS: higher priced homes
- Oxberry, MS: less expensive homes
Cities with Similar Populations
- Wynnewood, PA: higher priced homes
- Brushy Creek, TX: higher priced homes
- Big Rapids, MI: higher priced homes
- Whitman, MA: higher priced homes
- Wimauma, FL: higher priced homes
- Artesia, NM: higher priced homes
- Artesia, CA: higher priced homes
- Aptos, CA: higher priced homes
- Angola, IN: higher priced homes
- Aguas Buenas, PR: equally priced homes
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