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These days, finding an affordable place to live in the Townsend area can be challenging. Home prices in Townsend are now at a median cost of $98,927, lower than the Mississippi average of $183,008.
The average cost of rent is $474/mo in Townsend, primarily driven by the current value of real estate in the Townsend area. In Townsend, 18.04% of households rent, and 77.53% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Townsend is $3,524 per month. Households that rent pay about 13.45% of their income on rent here. Townsend’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
- DeKalb, MS: higher priced homes
- Sucarnoochee, MS: less expensive homes
- Prismatic, MS: equally priced homes
- Electric Mills, MS: higher priced homes
- Porterville, MS: less expensive homes
- Scooba, MS: higher priced homes
- Moscow, MS: less expensive homes
- Lynville, MS: equally priced homes
- Klondike, MS: higher priced homes
- Giles, MS: higher priced homes
Cities with Similar Populations
- Bay Center, WA: higher priced homes
- Briarcliff, AR: higher priced homes
- Vista, MN: higher priced homes
- Vicksville, VA: higher priced homes
- Vickery Landing, MI: higher priced homes
- Barstow, TX: higher priced homes
- Barrett, CA: higher priced homes
- Barnhill, OH: equally priced homes
- Baring, MO: higher priced homes
- Badger, SD: higher priced homes
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