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These days, finding an affordable place to live in the Herbert Springs area can be challenging. Home prices in Herbert Springs are now at a median cost of $191,728, higher than the Mississippi average of $183,008.
The average cost of rent is $863/mo in Herbert Springs, primarily driven by the current value of real estate in the Herbert Springs area. In Herbert Springs, 27.62% of households rent, and 71.96% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Herbert Springs is $5,201 per month. Households that rent pay about 16.59% of their income on rent here. Herbert Springs’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- House, MS: less expensive homes
- Martin, MS: equally priced homes
- Perdue, MS: less expensive homes
- Damascus, MS: less expensive homes
- DeWeese, MS: less expensive homes
- Collinsville, MS: equally priced homes
- Little Rock, MS: less expensive homes
- Shucktown, MS: less expensive homes
- Klondike, MS: less expensive homes
- Schamberville, MS: equally priced homes
Cities with Similar Populations
- Humeston, IA: less expensive homes
- Williston, MD: higher priced homes
- Wilmot, AR: less expensive homes
- Jacobs Prairie, MN: higher priced homes
- Wilson, LA: less expensive homes
- Winganon, OK: less expensive homes
- Indianola, IL: less expensive homes
- Wingina, VA: higher priced homes
- Imbler, OR: higher priced homes
- Huntington, OR: less expensive homes
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