The Most Affordable Neighborhoods in Mars Hill, MS by Home Value

 

Mars Hill, MS Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Mars Hill area can be challenging. Home prices in Mars Hill are now at a median cost of $138,563, lower than the Mississippi average of $183,008.

The average cost of rent is $681/mo in Mars Hill, primarily driven by the current value of real estate in the Mars Hill area. In Mars Hill, 29.60% of households rent, and 81.51% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Mars Hill is $3,277 per month. Households that rent pay about 20.77% of their income on rent here. Mars Hill’s most expensive areas are in the northwestern 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.


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