The Most Affordable Neighborhoods in Silver City, MS by Home Value

 

Silver City, MS Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Silver City area can be challenging. Home prices in Silver City are now at a median cost of $107,580, lower than the Mississippi average of $145,564.

The average cost of rent is $369/mo in Silver City, primarily driven by the current value of real estate in the Silver City area. While nearly 64.86% of residents own their homes outright in Silver City, 33.16% rent.

Housing affordability isn’t just about home prices, though. The average household income in Silver City is $2,648 per month. Households that rent pay about 13.94% of their income on rent here. Silver City's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.


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