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These days, finding an affordable place to live in the Lyon area can be challenging. Home prices in Lyon are now at a median cost of $161,788, lower than the Mississippi average of $183,008.
The average cost of rent is $679/mo in Lyon, primarily driven by the current value of real estate in the Lyon area. In Lyon, 42.63% of households rent, and 57.87% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lyon is $3,612 per month. Households that rent pay about 18.81% of their income on rent here. Lyon’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Clarksdale, MS: less expensive homes
- Lurand, MS: equally priced homes
- King and Anderson, MS: higher priced homes
- Boone, MS: less expensive homes
- Jonestown, MS: less expensive homes
- Farrell, MS: less expensive homes
- Vance, MS: less expensive homes
- Sherard, MS: less expensive homes
- Coahoma, MS: less expensive homes
- Belen, MS: less expensive homes
Cities with Similar Populations
- Capitan, NM: higher priced homes
- Thorndale, TX: higher priced homes
- South Greensburg, PA: equally priced homes
- Johannesburg, MI: higher priced homes
- Macclesfield, NC: equally priced homes
- Malta, TX: higher priced homes
- Mangonia Park, FL: higher priced homes
- Marbury, AL: equally priced homes
- Oakley, KS: less expensive homes
- Orfordville, WI: higher priced homes
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