Housing & Real Estate — Madison, Mississippi

Overview

Total Housing Units10,127
Occupied9,622
Vacant505
Owner-Occupied8,987
Renter-Occupied635
Median Home Value (Census)$352,900
Estimated 2026~$399,000
Median Rent$1,798/mo
Median Property Tax$2,569/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income18.1%
Severely Rent-Burdened35.0%

Housing Age

Built 2010 or later1,453
Built 2000-20092,559
Built 1990-19993,288
Built before 1960243
Median Year Built1996
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.