Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Rankin County area can be challenging. Home prices in Rankin County are now at a median cost of $242,367, higher than the Mississippi average of $183,008.
The average cost of rent is $1,250/mo in Rankin County, primarily driven by the current value of real estate in the Rankin County area. In Rankin County, 23.18% of households rent, and 38.22% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rankin County is $7,188 per month. Households that rent pay about 17.39% of their income on rent here. Rankin County’s most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Hinds County, MS: less expensive homes
- Warren County, MS: less expensive homes
- Madison Parish, LA: less expensive homes
- Franklin Parish, LA: less expensive homes
- Marengo County, AL: less expensive homes
- Jackson Parish, LA: less expensive homes
- Bienville Parish, LA: less expensive homes
- Lowndes County, AL: less expensive homes
- De Soto Parish, LA: less expensive homes
- Montgomery County, AL: less expensive homes
Counties with Similar Populations
- Canadian County, OK: equally priced homes
- Carolina Municipio, PR: less expensive homes
- Catawba County, NC: equally priced homes
- Centre County, PA: higher priced homes
- Franklin County, PA: equally priced homes
- Citrus County, FL: equally priced homes
- Columbia County, GA: higher priced homes
- Alexandria City, VA: higher priced homes
- Rock County, WI: equally priced homes
- Scott County, MN: higher priced homes
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