The Most Affordable Neighborhoods in Gulf Park Estates, MS by Home Value

 

Gulf Park Estates, MS Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Gulf Park Estates area can be challenging. Home prices in Gulf Park Estates are now at a median cost of $174,961, higher than the Mississippi average of $145,564.

The average cost of rent is $1,357/mo in Gulf Park Estates, primarily driven by the current value of real estate in the Gulf Park Estates area. While nearly 45.71% of residents own their homes outright in Gulf Park Estates, 28.44% rent.

Housing affordability isn’t just about home prices, though. The average household income in Gulf Park Estates is $4,444 per month. Households that rent pay about 30.54% of their income on rent here. Gulf Park Estates's most expensive areas are in the northern regions, while the cheapest areas are in the western parts of the city.


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