The typical home in Columbus, MS is worth about $170,000.
With 20% down that's a loan near $136,000 — the calculator
is pre-filled with that figure. Columbus Air Force Base trains roughly half of the Air Force's pilots each year, giving this Mississippi river town an unusually large and steady base of federal jobs and transient military-family renters.
$883.00 / month
Total interest
$181,877
Total paid
$317,877
Payoff
30.0 years
How much you need to earn
Columbus, MS's median household income is about
$48,000 a year. Under standard 28/36
lending rules that supports a home price around
$156,767 with 20% down —
below the $170,000 typical price, so many buyers need a larger down payment, a co-borrower, or a longer commute.
Typical asking rent in Columbus, MS is about $900 a month, so owning the median home costs roughly
$306 more per month before tax
effects, maintenance, and any change in home value.
Frequently asked questions
What is a typical mortgage payment in Columbus, MS?
On the metro's roughly $170,000 typical home with 20% down, the loan is about $136,000. Principal and interest run near $883 a month at today's rate, and Columbus, MS's property tax plus insurance add about $323, for a full payment near $1,206.
Can I afford a home in Columbus, MS on the median income?
The median household income is about $48,000 a year. Under standard 28/36 lending rules that supports a home price around $156,767 with 20% down — below the $170,000 typical price, so buyers often need a larger down payment or a co-borrower.
Is it cheaper to rent or buy in Columbus, MS?
Typical asking rent is about $900 a month. The full owner payment on a median home is near $1,206, so owning costs roughly $306 more per month before tax effects, maintenance, and any appreciation.
How much are property taxes in Columbus, MS?
The effective property tax rate in the core county is about 0.75% of market value — roughly $1,275 a year on the typical home. Your exact rate depends on the municipality and any exemptions.
Are home prices in Columbus, MS rising or falling?
Home values are up about 2% over the past year. Columbus Air Force Base trains roughly half of the Air Force's pilots each year, giving this Mississippi river town an unusually large and steady base of federal jobs and transient military-family renters.