2026 Affordability Data
Most Affordable Neighborhoods in Water Valley - 2026 Data
The median home value in Water Valley is $112,300, 60% below nat'l avg. Median rent is $596/month. We ranked 15 neighborhoods by affordability to help you find the best value in the Water Valley, MS area.
Key Takeaways: Affordability in Water Valley
- 1The most affordable neighborhood in Water Valley is Jackson, with a median home value of $105,000.
- 2Water Valley's median home value is $112,300, 60% below nat'l avg (national: $281,900).
- 3Median rent in Water Valley is $596/month, 49% below nat'l avg (national: $1,163/month).
- 4We analyzed 15 neighborhoods in Water Valley to find the most affordable areas based on home values, rent, and affordability index.
Water Valley Affordability Overview
Median Home Value
$112,300
60% below nat'l avg
Median Rent
$596/mo
49% below nat'l avg
Median Income
$45,718
39% below nat'l avg
Affordability Index
N/A
Most Affordable Neighborhoods in Water Valley (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | JacksonMS | $105,000 |
| 2 | DiamondheadMS | $220,900 |
| 3 | VicksburgMS | $120,800 |
| 4 | HattiesburgMS | $146,600 |
| 5 | Olive BranchMS | $245,800 |
| 6 | OxfordMS | $328,700 |
| 7 | GrenadaMS | $139,500 |
| 8 | NatchezMS | $111,100 |
| 9 | BiloxiMS | $196,600 |
| 10 | GulfportMS | $158,300 |
| 11 | ByramMS | $161,600 |
| 12 | CantonMS | $113,100 |
| 13 | TupeloMS | $184,100 |
| 14 | MadisonMS | $312,800 |
| 15 | BrandonMS | $242,700 |
Detailed Neighborhood Profiles
Home Value: $105,000
Rent: $1,313/mo
Affordability: 499
Population: 153,701
Walk Score: 53/100
Home Value: $220,900
Rent: $728/mo
Affordability: 238
Population: 9,360
Home Value: $120,800
Rent: $774/mo
Affordability: 181
Population: 21,337
4
Home Value: $146,600
Rent: $774/mo
Affordability: 181
Population: 48,466
5
Home Value: $245,800
Rent: $774/mo
Affordability: 181
Population: 45,938
6
Home Value: $328,700
Rent: $774/mo
Affordability: 181
Population: 25,713
7
Home Value: $139,500
Rent: $774/mo
Affordability: 181
Population: 12,594
8
Home Value: $111,100
Rent: $774/mo
Affordability: 181
Population: 14,380
9
Home Value: $196,600
Rent: $774/mo
Affordability: 181
Population: 49,141
10
Home Value: $158,300
Rent: $774/mo
Affordability: 181
Population: 72,524
11
Home Value: $161,600
Rent: $774/mo
Affordability: 181
Population: 12,922
12
Home Value: $113,100
Rent: $774/mo
Affordability: 181
Population: 10,951
13
Home Value: $184,100
Rent: $774/mo
Affordability: 181
Population: 37,939
14
Home Value: $312,800
Rent: $774/mo
Affordability: 181
Population: 27,595
15
Home Value: $242,700
Rent: $774/mo
Affordability: 181
Population: 25,142
Frequently Asked Questions About Affordability in Water Valley
What is the most affordable neighborhood in Water Valley, MS?▾
Based on 2026 data, Jackson is the most affordable neighborhood in Water Valley with a median home value of $105,000. Kurby analyzed 15 neighborhoods in the Water Valley area to compile these rankings.
What is the median home price in Water Valley, MS?▾
The median home price in Water Valley is $112,300, which is 60% below nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
What is the average rent in Water Valley, MS?▾
The median monthly rent in Water Valley is $596. This is 49% below nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Water Valley?▾
The median household income in Water Valley is $45,718 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in Water Valley are below the national average home price?▾
13 out of 15 ranked neighborhoods in Water Valley have a median home value below the national average of $281,900. The most affordable is Jackson at $105,000 (Source: Kurby, 2026).