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These days, finding an affordable place to live in the Lena area can be challenging. Home prices in Lena are now at a median cost of $114,674, lower than the Mississippi average of $183,008.
The average cost of rent is $912/mo in Lena, primarily driven by the current value of real estate in the Lena area. In Lena, 9.81% of households rent, and 66.39% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lena is $4,673 per month. Households that rent pay about 19.51% of their income on rent here. Lena’s most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Ludlow, MS: less expensive homes
- Piggtown, MS: equally priced homes
- Ofahoma, MS: higher priced homes
- Tuscola, MS: higher priced homes
- Forkville, MS: higher priced homes
- Gill, MS: equally priced homes
- Midway, MS: less expensive homes
- Raytown, MS: higher priced homes
- Farmhaven, MS: higher priced homes
- Harperville, MS: less expensive homes
Cities with Similar Populations
- Stewart Manor, NY: higher priced homes
- Gates Mills, OH: higher priced homes
- Gaylesville, AL: less expensive homes
- Geyserville, CA: higher priced homes
- Glenbeulah, WI: higher priced homes
- Goodspring, TN: higher priced homes
- Minotola, NJ: higher priced homes
- Rock, WV: higher priced homes
- Ruffin, SC: higher priced homes
- Russellton, PA: higher priced homes
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