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Affordable
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These days, finding an affordable place to live in the Patterson area can be challenging. Home prices in Patterson are now at a median cost of $125,200, lower than the Mississippi average of $183,008.
The average cost of rent is $822/mo in Patterson, primarily driven by the current value of real estate in the Patterson area. In Patterson, 19.21% of households rent, and 74.34% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Patterson is $6,971 per month. Households that rent pay about 11.79% of their income on rent here. Patterson’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Williamsville, MS: higher priced homes
- Smyrna, MS: higher priced homes
- Zama, MS: equally priced homes
- Gray, MS: less expensive homes
- Dossville, MS: equally priced homes
- Marydell, MS: less expensive homes
- Ethel, MS: less expensive homes
- Kosciusko, MS: equally priced homes
- Rural Hill, MS: less expensive homes
- McCool, MS: less expensive homes
Cities with Similar Populations
- Rosewood Heights, IL: equally priced homes
- Marsalis, LA: less expensive homes
- Marshwood, PA: higher priced homes
- Martin, PA: higher priced homes
- Martin Springs, TN: higher priced homes
- Martinsville, KY: higher priced homes
- Maud, MO: less expensive homes
- Maybeury, WV: less expensive homes
- Mc Bride, MO: higher priced homes
- McArthur Crossroads, NC: equally priced homes
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