The Most Affordable Neighborhoods in Kolola Springs, MS by Home Value

 

Kolola Springs, MS Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Kolola Springs area can be challenging. Home prices in Kolola Springs are now at a median cost of $177,480, higher than the Mississippi average of $145,564.

The average cost of rent is $928/mo in Kolola Springs, primarily driven by the current value of real estate in the Kolola Springs area. While nearly 53.50% of residents own their homes outright in Kolola Springs, 24.70% rent.

Housing affordability isn’t just about home prices, though. The average household income in Kolola Springs is $5,882 per month. Households that rent pay about 15.78% of their income on rent here. Kolola Springs's most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.


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