The Most Affordable Neighborhoods in Vernal, MS by Home Value

 

Vernal, MS Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Vernal area can be challenging. Home prices in Vernal are now at a median cost of $93,157, lower than the Mississippi average of $145,564.

The average cost of rent is $700/mo in Vernal, primarily driven by the current value of real estate in the Vernal area. While nearly 55.31% of residents own their homes outright in Vernal, 12.90% rent.

Housing affordability isn’t just about home prices, though. The average household income in Vernal is $4,441 per month. Households that rent pay about 15.76% of their income on rent here. Vernal's most expensive areas are in the southern regions, while the cheapest areas are in the southwestern parts of the city.


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