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These days, finding an affordable place to live in the Magenta area can be challenging. Home prices in Magenta are now at a median cost of $83,777, lower than the Mississippi average of $183,008.
The average cost of rent is $657/mo in Magenta, primarily driven by the current value of real estate in the Magenta area. In Magenta, 56.58% of households rent, and 75.13% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Magenta is $3,723 per month. Households that rent pay about 17.66% of their income on rent here. Magenta’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Stoneville, MS: higher priced homes
- Metcalfe, MS: equally priced homes
- Greenville, MS: higher priced homes
- Leland, MS: higher priced homes
- Elizabeth, MS: higher priced homes
- Swiftwater, MS: higher priced homes
- Rexburg, MS: higher priced homes
- Priscilla, MS: higher priced homes
- Heads, MS: higher priced homes
- Tribbett, MS: higher priced homes
Cities with Similar Populations
- Zenith, WV: higher priced homes
- Sun, LA: higher priced homes
- Surry, NH: higher priced homes
- Swanville, ME: higher priced homes
- Syracuse, MO: higher priced homes
- Terry, MT: higher priced homes
- Thach, AL: higher priced homes
- Thorntonville, TX: higher priced homes
- Bath Springs, TN: higher priced homes
- Barry, TX: higher priced homes
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