Español

Este sitio también está en español. Leer en español

City · 9,246 residents · Prentiss County, Mississippi

Booneville , Mississippi

In Booneville, a typical home is worth $136,700 and typical rent is $645 a month. Compared with all of Prentiss County, the typical home value is 12% higher and the share of households that own their home is 6 points lower.

WhatsApp

  • Typical home value

    $136,700

    12% above the county

    19% below Mississippi

    • Booneville
    • Prentiss
    • Mississippi

  • Typical rent

    $645a month

    About the same as the county

    32% below Mississippi

    • Booneville
    • Prentiss
    • Mississippi

  • Typical household income

    $50,879a year

    2% above the county

    10% below Mississippi

    • Booneville
    • Prentiss
    • Mississippi

  • Households that own their home

    72%

    6 points below the county

    2 points above Mississippi

    • Booneville
    • Prentiss
    • Mississippi

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$138,182
3.9% more than 12 months ago

From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).

Booneville is in Prentiss County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Prentiss County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Booneville apart

What this place has that others do not, from public data, most unusual first.

  1. Booneville has the 2nd smallest share of rent-burdened renters of the 63 cities in Mississippi with more than 5,000 people (28%).

  2. Booneville has the 3rd lowest typical rent of the 66 cities in Mississippi with more than 5,000 people ($645).

  3. 72% of households in Booneville own their home, against 78% in Prentiss County.

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Booneville

What homes there are in Booneville, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

The detached house rules in Booneville: 79% of homes, more than in Prentiss County (75%).

Year built

In Booneville, half of the homes were built before 1979; in Prentiss County, before 1981.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

About 85% of rented homes in Booneville cost less than HUD's 2-bedroom fair market rent for Prentiss County ($905).

With a mortgage

$922 a month

Prentiss County: $1,054 a month

Without a mortgage

$442 a month

Prentiss County: $366 a month

Owners with a mortgage

55%

Prentiss County: 44%

In Booneville, 55% of owners have a mortgage, and their typical cost is $922 a month, against $1,054 in Prentiss County. Without one it drops to $442.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

Homes in Booneville gained value more slowly than in Prentiss County: 28% since 2015–2019, against 32%.

Since 2015–2019, the typical rent in Booneville did not change clearly, according to the Census.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureBoonevillePrentiss CountyMississippiUnited States
Rental vacancy Unreliable estimateUnreliable estimate8.2%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate0.8%0.9%
More than one person per room Unreliable estimateUnreliable estimate2.2%3.4%
People per household 2.452.512.492.53
Drive alone 85%86%82%69%
Carpool Unreliable estimate10%9%9%
Public transit Unreliable estimateUnreliable estimate0%3%
Walk or bike Unreliable estimateUnreliable estimate1%3%
Work from home Unreliable estimate3%6%15%
Other means Unreliable estimateUnreliable estimate1%2%
Typical commute 10 to 19 minutesUnreliable estimate20 to 29 minutes20 to 29 minutes

A household in Booneville has 2.45 people on average, about the same as in Prentiss County (2.51).

In Booneville, 85% of workers drive alone to work; in Prentiss County, 86%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Booneville?

A typical home is within reach of the typical income

We start with a typical home in Booneville, worth $136,700, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 27% of the typical household income in Booneville, which is $50,879 a year.

The calculator's FHA and conventional loan limits are those of all of Prentiss County.

Your numbers

Local data
$

Starts at the typical home value in Booneville. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $4,785 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$1,132

at 7.18% · 30 years

Loan amount
$134,224
Total interest
$193,116
Paid off in
November 2056

Includes $2,309 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,187 a month

    Your payment · 27%

  • Tight

    $1,187 to $1,526 a month

  • Hard

    more than $1,526 a month

Compared with the typical household income in Booneville ($50,879 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$1,132
Principal & interest$909
Property tax$105
Home insurance$57
FHA mortgage insurance (MIP)$60

You need at least $4,785 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Booneville and Prentiss County

Booneville is in Prentiss County, Mississippi. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Booneville's own numbers

Typical home value
$136,700
Typical monthly rent
$645
Typical yearly household income
$50,879
Households that own their home
72%
Effective property tax rate
0.92%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Prentiss County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$905
Price change over 5 years (FHFA)
+61%
Homes in a high flood-risk zone
1.4%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Prentiss County.

Everything about Prentiss County

Buying

Buying a home in Booneville

A typical home in Booneville is worth $136,700: 12% above the county and 19% below Mississippi. With the typical household income in Booneville ($50,879 a year), a typical home costs 2.7 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Booneville 2.7 years
  • Prentiss 2.5 years
  • Mississippi 3.0 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Prentiss County

According to FHFA’s house price index, home prices in Prentiss County rose 91% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Prentiss County.

Period County Mississippi U.S.
Last year (2025) +12.0% +3.5% +2.9%
5 years (2020–2025) +61% +42% +47%
10 years (2015–2025) +91% +62% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Booneville next to Prentiss County, Mississippi and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Booneville $136,700
  • Prentiss $122,500
  • Mississippi $169,800
  • United States $332,700
Typical monthly rent
  • Booneville $645
  • Prentiss $637
  • Mississippi $954
  • United States $1,413
Typical yearly household income
  • Booneville $50,879
  • Prentiss $49,724
  • Mississippi $56,447
  • United States $80,734
See the full table
Booneville next to Prentiss County and Mississippi
Measure Booneville Prentiss County Mississippi U.S.
Typical home value $136,700 $122,500 $169,800 $332,700
Typical monthly rent $645 $637 $954 $1,413
Typical yearly household income $50,879 $49,724 $56,447 $80,734
Households that own their home 72% 78% 70% 65%
Typical yearly property tax $1,263 $894 $1,215 $3,119
Effective property tax rate 0.92% 0.73% 0.72% 0.94%
Renters with high rent for their income 28% 30% 51% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Prentiss County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Booneville

For a typical $136,700 home in Booneville, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Booneville's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $1,132a month

    Least cash to close
    Down payment
    $4,785
    Cash to close
    $8,886
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $60

  • Conventional, 5% down $1,106a month

    Down payment
    $6,835
    Cash to close
    $10,936
    Rate
    7.18%
    Mortgage insurance
    PMI · $65

  • Conventional, 20% down, no PMI $903a month

    Down payment
    $27,340
    Cash to close
    $31,441
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $1,029a month

    Down payment
    $20,505
    Cash to close
    $24,606
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Booneville and for Prentiss County.

Property tax

Effective rate in Booneville

0.92%of the home’s value each year

$1,263 a year for the typical owner in Booneville.

  • Booneville 0.92%
  • Prentiss 0.73%
  • Mississippi 0.72%

What Mississippi publishes Regular homestead exemption (Tier 1) (Mississippi Department of Revenue)

Exemptions and deadlines in Mississippi

Flood risk in Prentiss County

FEMA does not publish these numbers by city: they are for all of Prentiss County.

Homes in the high-risk zone
1.4%
211
Of those, with NFIP insurance
1.4%
County Mississippi U.S.
Homes in the high-risk zone 1.4% 7.6% 3.5%
Of those, with NFIP insurance 1.4% 33% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Booneville

Typical rent in Booneville is $645 a month: about the same as the county. In Booneville, 28% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Prentiss County, by unit size. To pay the 2-bedroom one ($905 a month) without spending more than 30% of your income, you would need to earn $17.40 an hour working full time.

HUD fair market rent for all of Prentiss County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $687 $13.21 $27,480
1 bedroom $692 $13.31 $27,680
2 bedrooms $905 $17.40 $36,200
3 bedrooms $1,078 $20.73 $43,120
4 bedrooms $1,189 $22.87 $47,560

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Booneville

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Booneville is in ZIP code 38829.

For 2 bedrooms it is $910: $5 more than the fair market rent for Prentiss County ($905).

  • 38829 $910$1,080

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Booneville when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Booneville

HUD lists 7 buildings with rents for lower incomes in Booneville. These are the largest.

  • August Circle 801 N College St, Booneville 38829 160 low-income homes · Run by The Housing Authority of the City of Booneville · Average payment: $275 a month · Average wait: 7 months (662) 728-4032
  • Booneville Manor, LTD 402 N Smith St, Booneville 38829 24 low-income homes · 1 bd: 20 · 2 bd: 4 · In service since 1989 · For families
  • Booneville Villa 304 Oneal St, Booneville 38829 24 low-income homes · 1 bd: 22 · 2 bd: 2 · In service since 1994 · For older adults, people with disabilities
  • Timber Hills Housing of Prentiss County 1500 S Lake St, Booneville 38829 21 low-income homes · For people with disabilities (662) 720-1188
  • Pecan Grove Apts 208 N Bryant St, Booneville 38829 20 low-income homes · 1 bd: 20 · In service since 1993 · For older adults, people with disabilities

See all 9 buildings in Prentiss County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Booneville

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

We found no HUD-approved agencies with an office in Prentiss County. The nearest ones are below; many serve by phone or online.

Two women and a girl laugh together at the bus stop.

HUD counseling is free or low-cost

Assistance programs in Booneville

No down payment, repair or rent-help program on our list is for Booneville or Prentiss County. The ones below are statewide in Mississippi: they work in Booneville the same as in the rest of the state.

Which programs do I qualify for? All programs in Mississippi

  • Smart7 Mortgage Program

    Statewide in Mississippi

    Mississippi state corporation 30-year mortgage with $7,000 for the down payment or closing costs as a 0% second mortgage, repaid when you sell, refinance, stop living in the home or pay off the mortgage; no first-time buyer requirement. Offered by Mississippi Home Corporation (MHC).

    Deferred

    See the program Official page

  • Easy8

    Statewide in Mississippi

    Mississippi state corporation 30-year mortgage with $8,000 at 0% as a second mortgage for the down payment, closing costs or prepaid expenses, repaid when you sell, refinance, stop living in the home or pay off the mortgage; for first-time buyers, except in designated areas and for veterans. Offered by Mississippi Home Corporation (MHC).

    Deferred

    See the program Official page

  • Home4All

    Statewide in Mississippi

    Mississippi state corporation forgivable grant, with federal HOME funds, of up to $25,000 for the down payment, closing costs or to reduce the principal; for first-time buyers with incomes under 80% of the area median and a fixed-rate mortgage; if you sell before 5 or 10 years (depending on the amount), you may repay part of it. Offered by Mississippi Home Corporation (MHC).

    Grant

    See the program Official page

Housing counselors near Booneville

The HUD-approved agencies closest to the center of Booneville, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • North Mississippi Rural Legal Services

    493 Ryland Way, Oxford · 57 miles away · Spanish

    • Mortgage delinquency and default
    • Workshops for new owners
    • and 2 more
    (662) 234-8731

  • Tunica Co. Community Dev. Coalition

    1097 Antioch St, Tunica · 103 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 5 more
    (662) 357-5990

  • Southern Bancorp Community Partners

    875 S State St, Clarksdale · 120 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 6 more
    662-624-5776-3112

All counseling agencies in Mississippi

Help in Spanish near Booneville

1 of the 3 agencies on this list says it serves in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Booneville

HUD’s record names them for Booneville or Prentiss County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • The Housing Authority of the City of Booneville Public housing (662) 728-4032

All housing agencies in Mississippi Source: HUD

Cities

Nearby cities

The cities closest to Booneville, with the typical home value.

Everything about Prentiss County Housing in Mississippi

Neighboring counties

If Prentiss County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Booneville.

All guides
A father and mother walk their son by the hand down the sidewalk.

Questions

Housing questions about Booneville

Short answers with the numbers for Booneville and all of Prentiss County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Booneville?

The typical home value in Booneville is $136,700, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Prentiss County it is $122,500.

How much does it cost to rent in Booneville?

Typical rent in Booneville is $645 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Prentiss County is $905.

What is the FHA loan limit in Booneville?

Booneville uses the FHA limit for all of Prentiss County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Booneville?

The typical homeowner in Booneville pays $1,263 a year, according to the U.S. Census Bureau. That is 0.92% of the home’s value; in Prentiss County, the rate is 0.73%.

Where can I find free help to buy or rent in Booneville?

We found no HUD-approved counseling agencies with an office in Prentiss County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).