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These days, finding an affordable place to live in the Russell area can be challenging. Home prices in Russell are now at a median cost of $131,866, lower than the Mississippi average of $183,008.
The average cost of rent is $1,075/mo in Russell, primarily driven by the current value of real estate in the Russell area. In Russell, 28.22% of households rent, and 58.39% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Russell is $4,102 per month. Households that rent pay about 26.20% of their income on rent here. Russell’s most expensive areas are in the central 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
- Toomsuba, MS: equally priced homes
- Marion, MS: higher priced homes
- Vimville, MS: higher priced homes
- Meridian, MS: higher priced homes
- Lauderdale, MS: higher priced homes
- Bailey, MS: higher priced homes
- Pine Springs, MS: equally priced homes
- Lockhart, MS: less expensive homes
- Cuba, AL: less expensive homes
- Daleville, MS: higher priced homes
Cities with Similar Populations
- Dexter, NC: equally priced homes
- Tunnelton, PA: higher priced homes
- Troupsburg, NY: equally priced homes
- Thorn, MS: less expensive homes
- Thayer, IL: higher priced homes
- Teepleville, PA: higher priced homes
- Sycamore, FL: higher priced homes
- Gallatin, TX: higher priced homes
- Elrod, AL: higher priced homes
- Eidson, TN: higher priced homes
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