Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Inverness area can be challenging. Home prices in Inverness are now at a median cost of $106,030, lower than the Mississippi average of $145,564.
The average cost of rent is $646/mo in Inverness, primarily driven by the current value of real estate in the Inverness area. While nearly 47.49% of residents own their homes outright in Inverness, 39.14% rent.
Housing affordability isn’t just about home prices, though. The average household income in Inverness is $3,772 per month. Households that rent pay about 17.13% of their income on rent here. Inverness's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Caile, MS: less expensive homes
- Four Mile, MS: less expensive homes
- Kinlock, MS: equally priced homes
- Isola, MS: less expensive homes
- Indianola, MS: equally priced homes
- Moorhead, MS: less expensive homes
- Swan Lake, MS: less expensive homes
- Heathman, MS: less expensive homes
- Jaketown, MS: less expensive homes
- Holly Ridge, MS: less expensive homes
Cities with Similar Populations
- Boston, KY: higher priced homes
- Wellsburg, IA: equally priced homes
- Clarksburg, OH: higher priced homes
- Whitney, ID: higher priced homes
- Cedar Bluffs, NE: higher priced homes
- Wilson, KS: less expensive homes
- Brook Park, MN: higher priced homes
- Bronte, TX: equally priced homes
- Bridger, MT: higher priced homes
- Bolton, NC: equally priced homes
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