Home prices
The median home cost in Humboldt is $81,900. This is roughly $47,080 (36%) lower compared to the surrounding areas.It is roughly $135,600 (62%) lower compared to the entire country, and in comparison to the city of Memphis it is roughly $19,900 (19%) lower.
Rents
In Humboldt the median monthly rent is $684. This is about $195 (22%) lower compared to other places in this area.It is approximately $378 (35%) lower compared to the country as a whole, and it is about $217 (24%) lower compared to the city of Memphis.
Nearby places
Three Way
Three Way is Humboldt's neighbor to the southeast. Its real estate prices are a lot more expensive. The median home in Three Way costs $159,600, which works out to $77,700 (48%) higher than Humboldt. The rent there is significantly more expensive. The median monthly rent in Three Way is $1,086, which comes out to $402 (37%) higher than Humboldt.
Gibson
Gibson is approximately 4 miles northeast of Humboldt. Its real estate prices are a bit more expensive. The cost of the median home in Gibson is $112,500, which is $30,600 (27%) higher than Humboldt. Its rents are a little more expensive. In Gibson the median rent is $890 a month, which comes out to $206 (23%) higher than Humboldt.
Gadsden
Gadsden is about 5 miles southwest from Humboldt. Its real estate prices are fairly similar. The value of the median home in Gadsden is $86,200, which comes out to $4,300 (4%) higher than Humboldt. Rent there is somewhat more expensive. Gadsden's median monthly rent is $768, which works out to $84 (10%) higher than Humboldt.
Medina
Medina is about 5 miles east from Humboldt. Its real estate prices are substantially more expensive. The median home in Medina costs $180,600, which comes out to $98,700 (54%) higher than Humboldt. Rents there are a bit more expensive. Medina's median rent is $975 per month, which comes out to $291 (29%) higher than Humboldt.
Milan
Milan is about 9 miles northeast of Humboldt. The housing prices there are somewhat more expensive. The value of the median home in Milan is $106,000, which comes out to $24,100 (22%) higher than Humboldt. Rent there is pretty similar. In Milan the median monthly rent is $678, which is very similar to Humboldt.
