Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Parchman area can be challenging. Home prices in Parchman are now at a median cost of $106,975, lower than the Mississippi average of $145,564.
The average cost of rent is $537/mo in Parchman, primarily driven by the current value of real estate in the Parchman area. While nearly 59.52% of residents own their homes outright in Parchman, 58.72% rent.
Housing affordability isn’t just about home prices, though. The average household income in Parchman is $1,965 per month. Households that rent pay about 27.33% of their income on rent here. Parchman's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Rome, MS: equally priced homes
- Whitney, MS: higher priced homes
- Brooks, MS: equally priced homes
- Drew, MS: less expensive homes
- Sumner, MS: less expensive homes
- Roundaway, MS: equally priced homes
- Tutwiler, MS: less expensive homes
- Webb, MS: less expensive homes
- Dwiggins, MS: less expensive homes
- Dublin, MS: equally priced homes
Cities with Similar Populations
- Bowdoin, ME: higher priced homes
- Window Rock, AZ: less expensive homes
- Whitney Point, NY: higher priced homes
- Westport, IN: higher priced homes
- Waynesburg, OH: higher priced homes
- Waterloo, IN: higher priced homes
- Warner, OK: equally priced homes
- Volga, SD: higher priced homes
- Terra Alta, WV: equally priced homes
- Marengo, IA: higher priced homes
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