Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hamburg area can be challenging. Home prices in Hamburg are now at a median cost of $75,438, lower than the Mississippi average of $145,564.
The average cost of rent is $389/mo in Hamburg, primarily driven by the current value of real estate in the Hamburg area. While nearly 66.94% of residents own their homes outright in Hamburg, 4.61% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hamburg is $3,975 per month. Households that rent pay about 9.79% of their income on rent here. Hamburg's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
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Cities with Similar Populations
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