The Most Affordable Neighborhoods in Possumneck, MS by Home Value

 

Possumneck, MS Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Possumneck area can be challenging. Home prices in Possumneck are now at a median cost of $96,912, lower than the Mississippi average of $183,008.

The average cost of rent is $821/mo in Possumneck, primarily driven by the current value of real estate in the Possumneck area. In Possumneck, 11.42% of households rent, and 66.92% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Possumneck is $4,766 per month. Households that rent pay about 17.22% of their income on rent here. Possumneck’s most expensive areas are in the southeastern 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.


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