The Most Affordable Neighborhoods in Matherville, MS by Home Value

These days, finding an affordable place to live in the Matherville area can be challenging. Home prices in Matherville are now at a median cost of $54,090, lower than the Mississippi average of $183,008.

The average cost of rent is $764/mo in Matherville, primarily driven by the current value of real estate in the Matherville area. In Matherville, 11.63% of households rent, and 96.43% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Matherville is $2,654 per month. Households that rent pay about 28.78% of their income on rent here. Matherville’s most expensive areas are in the northern 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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