The Most Affordable Neighborhoods in Red Lick, MS by Home Value

 

Red Lick, MS Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Red Lick area can be challenging. Home prices in Red Lick are now at a median cost of $80,000, lower than the Mississippi average of $145,564.

The average cost of rent is $382/mo in Red Lick, primarily driven by the current value of real estate in the Red Lick area. While nearly 79.57% of residents own their homes outright in Red Lick, 0.00% rent.

Housing affordability isn’t just about home prices, though. The average household income in Red Lick is $4,298 per month. Households that rent pay about 8.89% of their income on rent here. Red Lick's most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.


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