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Greenville city, MS

ZIP 38701 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 38701

Median Home Value
$118,200
Median Rent
$506
Affordability Snapshot
$33,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$759/mo PITI).

16%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.2x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

19.5 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 38701 in Greenville city, MS, a household would need roughly $33,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $759. That sits below the local median household income ($36,998), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 19% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
53.9%-18% vs US avg
x
Vacancy Rate
18.8%+83% vs US avg
x
Broadband Access
56.5%-35% vs US avg
x
4+ Bedrooms
2.4%-84% vs US avg
x
Built Pre-1939
6.3%-51% vs US avg
x
Built Post-2014
0.3%-95% vs US avg
x
Rent Burden >30%
28.6%-42% vs US avg
x
Mortgage-Free
59.9%+57% vs US avg
x
$118,200
Home Value
$506
Rent
1972
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached70.5%
  • 1-unit attached2.1%
  • 2-9 units10.4%
  • 10+ units9.7%
  • Mobile home & other7.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$118,200
Median rent$506
Owner-occupied53.9%
Vacant18.8%
Price-to-income3.2x
Est. income to buy$33,000