
Affordable
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These days, finding an affordable place to live in the Shepherd area can be challenging. Home prices in Shepherd are now at a median cost of $87,135, lower than the Mississippi average of $183,008.
The average cost of rent is $1,001/mo in Shepherd, primarily driven by the current value of real estate in the Shepherd area. In Shepherd, 30.66% of households rent, and 42.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Shepherd is $4,459 per month. Households that rent pay about 22.44% of their income on rent here. Shepherd’s most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Pittsboro, MS: equally priced homes
- Bruce, MS: equally priced homes
- Skuna, MS: higher priced homes
- Ellard, MS: higher priced homes
- Calhoun City, MS: equally priced homes
- Derma, MS: equally priced homes
- Big Creek, MS: equally priced homes
- Tyson, MS: equally priced homes
- Loyd, MS: equally priced homes
- Robbs, MS: higher priced homes
Cities with Similar Populations
- Butler, TX: higher priced homes
- Tower, MI: higher priced homes
- Torch River, MI: higher priced homes
- Cary, ME: higher priced homes
- Carroll, NC: higher priced homes
- Caroline, WI: higher priced homes
- Toland, PA: higher priced homes
- Carbo, VA: higher priced homes
- Capps, AL: higher priced homes
- Tennyson, WI: higher priced homes
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