Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Loraine area can be challenging. Home prices in Loraine are now at a median cost of $232,999, higher than the Mississippi average of $145,564.
The average cost of rent is $1,038/mo in Loraine, primarily driven by the current value of real estate in the Loraine area. While nearly 32.21% of residents own their homes outright in Loraine, 23.50% rent.
Housing affordability isn’t just about home prices, though. The average household income in Loraine is $3,846 per month. Households that rent pay about 26.99% of their income on rent here. Loraine's most expensive areas are in the western regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Nugent, MS: less expensive homes
- Gulfport, MS: less expensive homes
- Wortham, MS: less expensive homes
- Success, MS: less expensive homes
- Saucier, MS: less expensive homes
- Biloxi, MS: less expensive homes
- D'Iberville, MS: less expensive homes
- Howison, MS: less expensive homes
- Gulf Hills, MS: less expensive homes
- Crane Creek, MS: less expensive homes
Cities with Similar Populations
- Fourseam, KY: less expensive homes
- Fulgham, KY: less expensive homes
- Fulbright, TX: less expensive homes
- Fruitland, TX: equally priced homes
- Frog Town, AR: less expensive homes
- Friend, OR: higher priced homes
- Frew, KY: less expensive homes
- Freewill, TN: equally priced homes
- Fraser, NY: less expensive homes
- Frankfort, SD: less expensive homes
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