The Most Affordable Neighborhoods in Senatobia, MS by Home Value

 

Senatobia, MS Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Senatobia area can be challenging. Home prices in Senatobia are now at a median cost of $160,240, higher than the Mississippi average of $145,564.

The average cost of rent is $733/mo in Senatobia, primarily driven by the current value of real estate in the Senatobia area. While nearly 27.46% of residents own their homes outright in Senatobia, 39.70% rent.

Housing affordability isn’t just about home prices, though. The average household income in Senatobia is $4,793 per month. Households that rent pay about 15.30% of their income on rent here. Senatobia's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.


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