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These days, finding an affordable place to live in the Pearl area can be challenging. Home prices in Pearl are now at a median cost of $182,348, lower than the Mississippi average of $183,008.
The average cost of rent is $1,155/mo in Pearl, primarily driven by the current value of real estate in the Pearl area. In Pearl, 36.55% of households rent, and 38.23% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Pearl is $5,768 per month. Households that rent pay about 20.02% of their income on rent here. Pearl’s most expensive areas are in the northeastern 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
- Whitfield, MS: equally priced homes
- Richland, MS: less expensive homes
- Flowood, MS: higher priced homes
- Brandon, MS: higher priced homes
- Sherwood Forest, MS: equally priced homes
- Robinhood, MS: less expensive homes
- Jackson, MS: higher priced homes
- Florence, MS: higher priced homes
- Star, MS: equally priced homes
- Rankin, MS: higher priced homes
Cities with Similar Populations
- Melrose Park, IL: higher priced homes
- South Miami Heights, FL: higher priced homes
- Socorro, TX: less expensive homes
- Shelton, WA: higher priced homes
- Seneca, SC: higher priced homes
- SeaTac, WA: higher priced homes
- Saratoga, CA: higher priced homes
- Pasadena, MD: higher priced homes
- North Olmsted, OH: higher priced homes
- Nixa, MO: higher priced homes
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