The Most Affordable Neighborhoods in Slate Springs, MS by Home Value

 

Slate Springs, MS Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Slate Springs area can be challenging. Home prices in Slate Springs are now at a median cost of $92,145, lower than the Mississippi average of $145,564.

The average cost of rent is $720/mo in Slate Springs, primarily driven by the current value of real estate in the Slate Springs area. While nearly 69.06% of residents own their homes outright in Slate Springs, 31.64% rent.

Housing affordability isn’t just about home prices, though. The average household income in Slate Springs is $2,288 per month. Households that rent pay about 31.48% of their income on rent here. Slate Springs's most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.


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