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These days, finding an affordable place to live in the Waterford area can be challenging. Home prices in Waterford are now at a median cost of $189,252, higher than the Mississippi average of $183,008.
The average cost of rent is $850/mo in Waterford, primarily driven by the current value of real estate in the Waterford area. In Waterford, 8.17% of households rent, and 65.54% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Waterford is $3,252 per month. Households that rent pay about 26.13% of their income on rent here. Waterford’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Abbeville, MS: equally priced homes
- Potts Camp, MS: less expensive homes
- Harmontown, MS: less expensive homes
- Wyatte, MS: equally priced homes
- College Hill, MS: higher priced homes
- Tyro, MS: less expensive homes
- Winborn, MS: less expensive homes
- Cornersville, MS: equally priced homes
- Thyatira, MS: higher priced homes
- Hickory Flat, MS: less expensive homes
Cities with Similar Populations
- Post Town, MN: higher priced homes
- Narrowsburg, NY: higher priced homes
- New Enterprise, PA: equally priced homes
- New Sight, MS: less expensive homes
- Newell, AL: equally priced homes
- North Creek, NY: higher priced homes
- Pengilly, MN: higher priced homes
- Penia, GA: equally priced homes
- Petersburg, TX: less expensive homes
- Phipps, WI: higher priced homes
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