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City · 5,377 residents · Tippah County, Mississippi

Ripley , Mississippi

In Ripley, a typical home is worth $117,200 and typical rent is $735 a month. Compared with all of Tippah County, typical rent is 7% lower, the typical home value is 6% lower, and the share of households that own their home is 13 points lower.

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  • Typical home value

    $117,200

    6% below the county

    31% below Mississippi

    • Ripley
    • Tippah
    • Mississippi

  • Typical rent

    $735a month

    7% below the county

    23% below Mississippi

    • Ripley
    • Tippah
    • Mississippi

  • Typical household income

    $55,444a year

    6% above the county

    About the same as Mississippi

    • Ripley
    • Tippah
    • Mississippi

  • Households that own their home

    62%

    13 points below the county

    8 points below Mississippi

    • Ripley
    • Tippah
    • Mississippi

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

Market now, with Zillow data

Zillow data
Typical home value
$138,218
1.9% more than 12 months ago

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

Ripley is in Tippah 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 Tippah County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Ripley apart

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

  1. Nearby, in Corinth, the typical rent is $601: 18% less than in Ripley ($735).

  2. 62% of households in Ripley own their home, against 75% in Tippah County.

  3. Ripley has the 6th lowest typical rent of the 66 cities in Mississippi with more than 5,000 people ($735).

  4. Ripley has the 6th smallest share of rent-burdened renters of the 63 cities in Mississippi with more than 5,000 people (39%).

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

The homes here

Housing in Ripley

What homes there are in Ripley, 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

As in Tippah County, most homes in Ripley are detached houses (77%).

Year built

The typical home in Ripley was built in 1980, 5 years before the typical one in Tippah County.

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

With a mortgage

$1,289 a month

Tippah County: $1,156 a month

Without a mortgage

$421 a month

Tippah County: $408 a month

Owners with a mortgage

52%

Tippah County: 47%

In Ripley, 52% of owners have a mortgage, and their typical cost is $1,289 a month, against $1,156 in Tippah County. Without one it drops to $421.

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

From 2015–2019 to 2020–2024, the typical home value in Ripley did not change clearly: the difference is within the Census margin of error.

The typical rent in Ripley stayed about the same over that time: the difference is within the Census margin of error.

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

MeasureRipleyTippah 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 estimate2.4%2.2%3.4%
People per household 2.312.602.492.53
Drive alone 93%85%82%69%
Carpool Unreliable estimate11%9%9%
Public transit Unreliable estimateUnreliable estimate0%3%
Walk or bike Unreliable estimateUnreliable estimate1%3%
Work from home Unreliable estimateUnreliable estimate6%15%
Other means Unreliable estimateUnreliable estimate1%2%
Typical commute Unreliable estimateUnreliable estimate20 to 29 minutes20 to 29 minutes

Households in Ripley are smaller: 2.31 people on average; in Tippah County, 2.60.

To get to work, 93% of workers in Ripley drive alone; in Tippah County, 85%.

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 Ripley?

A typical home is within reach of the typical income

We start with a typical home in Ripley, worth $117,200, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 21% of the typical household income in Ripley, which is $55,444 a year.

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

Your numbers

Local data
$

Starts at the typical home value in Ripley. 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 $4,102 (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

$966

at 7.18% · 30 years

Loan amount
$115,077
Total interest
$165,569
Paid off in
November 2056

Includes $1,979 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,294 a month

    Your payment · 21%

  • Tight

    $1,294 to $1,663 a month

  • Hard

    more than $1,663 a month

Compared with the typical household income in Ripley ($55,444 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$966
Principal & interest$780
Property tax$86
Home insurance$49
FHA mortgage insurance (MIP)$52

You need at least $4,102 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

Ripley and Tippah County

Ripley is in Tippah 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).

Ripley's own numbers

Typical home value
$117,200
Typical monthly rent
$735
Typical yearly household income
$55,444
Households that own their home
62%
Effective property tax rate
0.88%

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

Numbers for all of Tippah 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)
+50%
Homes in a high flood-risk zone
0.7%

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 Tippah County.

Everything about Tippah County

Buying

Buying a home in Ripley

A typical home in Ripley is worth $117,200: 6% below the county and 31% below Mississippi. With the typical household income in Ripley ($55,444 a year), a typical home costs 2.1 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.

  • Ripley 2.1 years
  • Tippah 2.4 years
  • Mississippi 3.0 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Tippah County

According to FHFA’s house price index, home prices in Tippah County rose 73% in the 10 years through 2025.

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

Period County Mississippi U.S.
Last year (2025) −2.1% +3.5% +2.9%
5 years (2020–2025) +50% +42% +47%
10 years (2015–2025) +73% +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

Ripley next to Tippah 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
  • Ripley $117,200
  • Tippah $124,100
  • Mississippi $169,800
  • United States $332,700
Typical monthly rent
  • Ripley $735
  • Tippah $790
  • Mississippi $954
  • United States $1,413
Typical yearly household income
  • Ripley $55,444
  • Tippah $52,542
  • Mississippi $56,447
  • United States $80,734
See the full table
Ripley next to Tippah County and Mississippi
Measure Ripley Tippah County Mississippi U.S.
Typical home value $117,200 $124,100 $169,800 $332,700
Typical monthly rent $735 $790 $954 $1,413
Typical yearly household income $55,444 $52,542 $56,447 $80,734
Households that own their home 62% 75% 70% 65%
Typical yearly property tax $1,026 $956 $1,215 $3,119
Effective property tax rate 0.88% 0.77% 0.72% 0.94%
Renters with high rent for their income 39% 36% 51% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Tippah 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 Ripley

For a typical $117,200 home in Ripley, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Ripley's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $966a month

    Least cash to close
    Down payment
    $4,102
    Cash to close
    $7,618
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $52

  • Conventional, 5% down $945a month

    Down payment
    $5,860
    Cash to close
    $9,376
    Rate
    7.18%
    Mortgage insurance
    PMI · $56

  • Conventional, 20% down, no PMI $770a month

    Down payment
    $23,440
    Cash to close
    $26,956
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $878a month

    Down payment
    $17,580
    Cash to close
    $21,096
    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 Ripley and for Tippah County.

Property tax

Effective rate in Ripley

0.88%of the home’s value each year

$1,026 a year for the typical owner in Ripley.

  • Ripley 0.88%
  • Tippah 0.77%
  • Mississippi 0.72%

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

Exemptions and deadlines in Mississippi

Flood risk in Tippah County

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

Homes in the high-risk zone
0.7%
68
Of those, with NFIP insurance
2.9%
County Mississippi U.S.
Homes in the high-risk zone 0.7% 7.6% 3.5%
Of those, with NFIP insurance 2.9% 33% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Ripley

Typical rent in Ripley is $735 a month: 7% below the county. In Ripley, 39% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Tippah 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 Tippah 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 $765 $14.71 $30,600
1 bedroom $769 $14.79 $30,760
2 bedrooms $905 $17.40 $36,200
3 bedrooms $1,170 $22.50 $46,800
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 Ripley

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Ripley is in ZIP code 38663.

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

  • 38663 $910$1,170

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Ripley 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 Ripley

HUD lists 8 buildings with rents for lower incomes in Ripley. These are the largest.

  • Meadowview Apt & Sub./Ridgeland Terrace/Eastgate 225 Pretoria St, Ripley 38663 120 low-income homes · For families (662) 512-1688
  • Old Walnut Alexander 225 Pretoria St, Ripley 38663 34 low-income homes · For families (662) 512-1688
  • Oakhaven Apts 1120 N Commerce ST, Ripley 38663 24 low-income homes · For older adults (662) 837-9283
  • Ripley Apts 203 Elmwood St, Ripley 38663 24 low-income homes · 2 bd: 24 · In service since 1995 · For families
  • Ripley Townhouses 316 Market Street Ext, Ripley 38663 24 low-income homes · 1 bd: 4 · 2 bd: 20 · In service since 1992 · For people with disabilities, families

See all 8 buildings in Tippah County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Ripley

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 Tippah County. The nearest ones are below; many serve by phone or online.

A man leans over the armchair where a girl is reading a book.

HUD counseling is free or low-cost

Assistance programs in Ripley

No down payment, repair or rent-help program on our list is for Ripley or Tippah County. The ones below are statewide in Mississippi: they work in Ripley 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 Ripley

The HUD-approved agencies closest to the center of Ripley, 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 · 40 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 · 82 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 · 102 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 Ripley

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 Ripley

HUD lists no housing authority with an office in Tippah County. One in a neighboring county or the state’s may serve the area.

All housing agencies in Mississippi Source: HUD

Cities

Nearby cities

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

Everything about Tippah County Housing in Mississippi

Neighboring counties

If Tippah 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 Ripley.

All guides
A family roasts marshmallows over a campfire at a forest campsite.

Questions

Housing questions about Ripley

Short answers with the numbers for Ripley and all of Tippah 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 Ripley?

The typical home value in Ripley is $117,200, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Tippah County it is $124,100.

How much does it cost to rent in Ripley?

Typical rent in Ripley is $735 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Tippah County is $905.

What is the FHA loan limit in Ripley?

Ripley uses the FHA limit for all of Tippah 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 Ripley?

The typical homeowner in Ripley pays $1,026 a year, according to the U.S. Census Bureau. That is 0.88% of the home’s value; in Tippah County, the rate is 0.77%.

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

We found no HUD-approved counseling agencies with an office in Tippah 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).