The Most Affordable Neighborhoods in Mississippi State, MS by Home Value

 

Mississippi State, MS Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Mississippi State area can be challenging. Home prices in Mississippi State are now at a median cost of $331,160, higher than the Mississippi average of $183,008.

The average cost of rent is $749/mo in Mississippi State, primarily driven by the current value of real estate in the Mississippi State area. In Mississippi State, 64.95% of households rent, and 42.31% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Mississippi State is $4,500 per month. Households that rent pay about 16.64% of their income on rent here. Mississippi State’s most expensive areas are in the central regions, while the cheapest areas are in the western 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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