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Affordable
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These days, finding an affordable place to live in the Lorenzen area can be challenging. Home prices in Lorenzen are now at a median cost of $102,007, lower than the Mississippi average of $183,008.
The average cost of rent is $562/mo in Lorenzen, primarily driven by the current value of real estate in the Lorenzen area. In Lorenzen, 28.64% of households rent, and 60.14% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lorenzen is $3,079 per month. Households that rent pay about 18.27% of their income on rent here. Lorenzen’s most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Rolling Fork, MS: higher priced homes
- Egremont, MS: less expensive homes
- Grace, MS: equally priced homes
- Anguilla, MS: less expensive homes
- Nitta Yuma, MS: less expensive homes
- Cameta, MS: less expensive homes
- Mayersville, MS: higher priced homes
- Hampton, MS: higher priced homes
- Richey, MS: less expensive homes
- Glen Allan, MS: higher priced homes
Cities with Similar Populations
- Lodi, OK: equally priced homes
- Lake Holiday, VA: higher priced homes
- Lambrook, AR: less expensive homes
- Lambs Creek, PA: higher priced homes
- Wrightsville, NJ: higher priced homes
- Wright, AL: higher priced homes
- Worthville, GA: higher priced homes
- Lane, ID: higher priced homes
- Woodsville, NY: higher priced homes
- Wilgus, PA: equally priced homes
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