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These days, finding an affordable place to live in the Rena Lara area can be challenging. Home prices in Rena Lara are now at a median cost of $98,200, lower than the Mississippi average of $183,008.
The average cost of rent is $817/mo in Rena Lara, primarily driven by the current value of real estate in the Rena Lara area. In Rena Lara, 12.30% of households rent, and 71.22% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rena Lara is $6,927 per month. Households that rent pay about 11.79% of their income on rent here. Rena Lara’s most expensive areas are in the eastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hillhouse, MS: less expensive homes
- Sherard, MS: higher priced homes
- Alligator, MS: less expensive homes
- Duncan, MS: less expensive homes
- Rochdale, MS: less expensive homes
- Farrell, MS: higher priced homes
- Counts, MS: higher priced homes
- Clarksdale, MS: equally priced homes
- Lundell, AR: equally priced homes
- Mellwood, AR: less expensive homes
Cities with Similar Populations
- Ottumwa Junction, IA: higher priced homes
- Raymond, MT: higher priced homes
- Rathbone, MI: higher priced homes
- Radium, KS: higher priced homes
- Raccoon Ford, VA: higher priced homes
- Quarry, IA: higher priced homes
- Putnam, OK: higher priced homes
- Putnam Heights, CT: higher priced homes
- Outlook, MT: higher priced homes
- Red Apple Orchard, VA: higher priced homes
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