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Affordable
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These days, finding an affordable place to live in the Nevada area can be challenging. Home prices in Nevada are now at a median cost of $308,016, higher than the Mississippi average of $183,008.
The average cost of rent is $851/mo in Nevada, primarily driven by the current value of real estate in the Nevada area. In Nevada, 14.87% of households rent, and 53.99% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Nevada is $6,308 per month. Households that rent pay about 13.50% of their income on rent here. Nevada’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
- Brownsville, MS: less expensive homes
- Little Yazoo, MS: less expensive homes
- Mechanicsburg, MS: less expensive homes
- Phoenix, MS: less expensive homes
- Flora, MS: less expensive homes
- Bentonia, MS: less expensive homes
- Oil City, MS: less expensive homes
- Satartia, MS: less expensive homes
- Eldorado, MS: less expensive homes
- Dover, MS: less expensive homes
Cities with Similar Populations
- Swan Lake, GA: less expensive homes
- Steelwood, AL: higher priced homes
- Stella, VA: less expensive homes
- Stendal, IN: less expensive homes
- Stone City, IA: less expensive homes
- Stoughstown, PA: less expensive homes
- Stout, IA: less expensive homes
- Strickler, AR: less expensive homes
- Stuckey, GA: less expensive homes
- Sturgeon, PA: higher priced homes
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