The Most Affordable Neighborhoods in Owens Wells, MS by Home Value

 

Owens Wells, MS Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Owens Wells area can be challenging. Home prices in Owens Wells are now at a median cost of $80,169, lower than the Mississippi average of $145,564.

The average cost of rent is $580/mo in Owens Wells, primarily driven by the current value of real estate in the Owens Wells area. While nearly 63.32% of residents own their homes outright in Owens Wells, 59.83% rent.

Housing affordability isn’t just about home prices, though. The average household income in Owens Wells is $1,995 per month. Households that rent pay about 29.09% of their income on rent here. Owens Wells's most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.


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