A typical Lambert home is worth roughly $62,000
What kind of housing town is Lambert?
Read from the numbers below. The page puts what stands out first.
A typical home costs 2.9 years of income
Less than across Mississippi (3.5 years). Try your own numbers below.
That covers a typical Lambert home, with $20K to spare.
A two-bedroom rents for about $870 a month here, $480 more than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Lambert’s typical property tax (1.21% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $870
Renters already here pay a median of $725, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Coahoma County, MS): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
45% of Lambert households own their home
Half of Lambert’s homes were built before 1964.
Mississippi: 70% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
Neighbors talk housing
What Lambert buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.