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Affordable
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These days, finding an affordable place to live in the Louisville area can be challenging. Home prices in Louisville are now at a median cost of $146,326, lower than the Mississippi average of $183,008.
The average cost of rent is $832/mo in Louisville, primarily driven by the current value of real estate in the Louisville area. In Louisville, 29.14% of households rent, and 57.58% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Louisville is $4,517 per month. Households that rent pay about 18.42% of their income on rent here. Louisville’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Handle, MS: equally priced homes
- Estes, MS: equally priced homes
- McMillan, MS: equally priced homes
- Highpoint, MS: less expensive homes
- Vernon, MS: less expensive homes
- McCool, MS: less expensive homes
- Rural Hill, MS: less expensive homes
- Fentress, MS: equally priced homes
- Mashulaville, MS: less expensive homes
- Weir, MS: less expensive homes
Cities with Similar Populations
- Fort White, FL: higher priced homes
- Geneva, OH: higher priced homes
- Geneseo, NY: higher priced homes
- Garnet Valley, PA: higher priced homes
- Gardnerville, NV: higher priced homes
- Gardiner, ME: higher priced homes
- Garden Acres, CA: higher priced homes
- Galena Park, TX: less expensive homes
- Fultondale, AL: higher priced homes
- Fulton, MS: equally priced homes
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