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These days, finding an affordable place to live in the Horn Lake area can be challenging. Home prices in Horn Lake are now at a median cost of $162,104, lower than the Mississippi average of $183,008.
The average cost of rent is $1,459/mo in Horn Lake, primarily driven by the current value of real estate in the Horn Lake area. In Horn Lake, 39.66% of households rent, and 35.96% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Horn Lake is $4,896 per month. Households that rent pay about 29.80% of their income on rent here. Horn Lake’s most expensive areas are in the western 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
- Walls, MS: higher priced homes
- Southaven, MS: higher priced homes
- West Days, MS: higher priced homes
- Nesbit, MS: higher priced homes
- Lake Cormorant, MS: higher priced homes
- Hernando, MS: higher priced homes
- Eudora, MS: higher priced homes
- Olive Branch, MS: higher priced homes
- Lewisburg, MS: higher priced homes
- Clack, MS: higher priced homes
Cities with Similar Populations
- Royersford, PA: higher priced homes
- Lebanon, OR: higher priced homes
- Lemon Grove, CA: higher priced homes
- Logansport, IN: less expensive homes
- Ramsey, MN: higher priced homes
- Ravenna, OH: higher priced homes
- Red Bluff, CA: higher priced homes
- Rosharon, TX: higher priced homes
- Round Lake Beach, IL: higher priced homes
- Lapeer, MI: higher priced homes
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