The Most Affordable Neighborhoods in Oak Vale, MS by Home Value

 

Oak Vale, MS Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Oak Vale area can be challenging. Home prices in Oak Vale are now at a median cost of $123,887, lower than the Mississippi average of $145,564.

The average cost of rent is $821/mo in Oak Vale, primarily driven by the current value of real estate in the Oak Vale area. While nearly 49.45% of residents own their homes outright in Oak Vale, 26.80% rent.

Housing affordability isn’t just about home prices, though. The average household income in Oak Vale is $3,190 per month. Households that rent pay about 25.74% of their income on rent here. Oak Vale's most expensive areas are in the western regions, while the cheapest areas are in the southwestern parts of the city.


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