Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Troy area can be challenging. Home prices in Troy are now at a median cost of $117,547, lower than the Mississippi average of $145,564.
The average cost of rent is $863/mo in Troy, primarily driven by the current value of real estate in the Troy area. While nearly 53.85% of residents own their homes outright in Troy, 19.29% rent.
Housing affordability isn’t just about home prices, though. The average household income in Troy is $5,157 per month. Households that rent pay about 16.73% of their income on rent here. Troy's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Old Union, MS: less expensive homes
- Zion, MS: equally priced homes
- Pine Grove, MS: less expensive homes
- Shannon, MS: equally priced homes
- Old Houlka, MS: less expensive homes
- Furrs, MS: equally priced homes
- Algoma, MS: equally priced homes
- Verona, MS: equally priced homes
- New Houlka, MS: less expensive homes
- Houlka, MS: less expensive homes
Cities with Similar Populations
- Crockett, MS: higher priced homes
- Waterville, WI: higher priced homes
- Washington, CT: higher priced homes
- Douglas City, FL: less expensive homes
- Deerfield Center, MI: higher priced homes
- Days Creek, OR: higher priced homes
- Danwood, SC: higher priced homes
- Curryville, MO: higher priced homes
- Cullen, VA: higher priced homes
- Crossroads, MS: less expensive homes
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