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Affordable
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These days, finding an affordable place to live in the Vance area can be challenging. Home prices in Vance are now at a median cost of $123,270, lower than the Mississippi average of $183,008.
The average cost of rent is $619/mo in Vance, primarily driven by the current value of real estate in the Vance area. In Vance, 29.37% of households rent, and 59.56% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Vance is $4,727 per month. Households that rent pay about 13.09% of their income on rent here. Vance’s most expensive areas are in the northwestern 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
- Mattson, MS: equally priced homes
- Dublin, MS: equally priced homes
- Tutwiler, MS: less expensive homes
- Boone, MS: equally priced homes
- Lurand, MS: higher priced homes
- Belen, MS: less expensive homes
- Lyon, MS: higher priced homes
- Lambert, MS: less expensive homes
- Bobo, MS: higher priced homes
- Counts, MS: higher priced homes
Cities with Similar Populations
- Oriska, ND: higher priced homes
- Old Appleton, MO: higher priced homes
- Old Lawton, TN: higher priced homes
- Old Union, AR: equally priced homes
- Oldenburg, MS: less expensive homes
- Oldham, SD: higher priced homes
- Olds, IA: higher priced homes
- Omega, OK: higher priced homes
- Omena, MI: higher priced homes
- Oppenheim, NY: equally priced homes
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