The Most Affordable Neighborhoods in Picayune, MS by Home Value

These days, finding an affordable place to live in the Picayune area can be challenging. Home prices in Picayune are now at a median cost of $162,224, lower than the Mississippi average of $183,008.

The average cost of rent is $878/mo in Picayune, primarily driven by the current value of real estate in the Picayune area. In Picayune, 27.89% of households rent, and 57.43% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Picayune is $4,382 per month. Households that rent pay about 20.04% of their income on rent here. Picayune’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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