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City · 8,380 residents · Tate County, Mississippi

Senatobia , Mississippi

In Senatobia, a typical home is worth $212,100 and typical rent is $895 a month. Compared with all of Tate County, typical household income is 22% lower, typical rent is 7% lower, and the share of households that own their home is 22 points lower.

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  • Typical home value

    $212,100

    About the same as the county

    25% above Mississippi

    • Senatobia
    • Tate
    • Mississippi

  • Typical rent

    $895a month

    7% below the county

    6% below Mississippi

    • Senatobia
    • Tate
    • Mississippi

  • Typical household income

    $54,167a year

    22% below the county

    4% below Mississippi

    • Senatobia
    • Tate
    • Mississippi

  • Households that own their home

    54%

    22 points below the county

    16 points below Mississippi

    • Senatobia
    • Tate
    • Mississippi

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

Market now, with Zillow data

Zillow data
Typical home value
$250,459
5.9% more than 12 months ago

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

Senatobia is in Tate 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 Tate County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Senatobia apart

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

  1. 54% of households in Senatobia own their home, against 76% in Tate County.

  2. Nearby, in Horn Lake, the typical home value is $171,400: 19% less than in Senatobia ($212,100).

  3. According to Zillow, in the 12 months to September 2026 the typical home value in Senatobia rose 5.9%; in Mississippi, it rose 2.2%.

  4. The typical household income in Senatobia is $54,167, 22% less than in Tate County as a whole ($69,704).

Sources: U.S. Census Bureau (Average 2020–2024); Zillow (September 2026 data). Zillow data

The homes here

Housing in Senatobia

What homes there are in Senatobia, 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

In Senatobia, 8 in 10 homes are single-family detached houses; in Tate County, 7.

Year built

In Senatobia, half of the homes were built before 1985; in Tate County, before 1992.

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

$1,450 a month

Tate County: $1,576 a month

Without a mortgage

$447 a month

Tate County: $491 a month

Owners with a mortgage

58%

Tate County: 52%

Owning costs less in Senatobia: with a mortgage, the typical cost is $1,450 a month; in Tate County, $1,576. Without one, $447.

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

The typical home value in Senatobia rose 55% since 2015–2019, less than in Tate County (75%).

Much as in Tate County, the typical rent in Senatobia rose 27% since 2015–2019.

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

MeasureSenatobiaTate 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 estimate3.5%2.2%3.4%
People per household 2.312.432.492.53
Drive alone 92%88%82%69%
Carpool Unreliable estimate8%9%9%
Public transit Unreliable estimateUnreliable estimate0%3%
Walk or bike Unreliable estimateUnreliable estimate1%3%
Work from home Unreliable estimate4%6%15%
Other means Unreliable estimateUnreliable estimate1%2%
Typical commute 30 to 39 minutes30 to 39 minutes20 to 29 minutes20 to 29 minutes

A household in Senatobia has 2.31 people on average, about the same as in Tate County (2.43).

In Senatobia, 92% of workers drive alone to work; in Tate County, 88%.

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 Senatobia?

A typical home costs more than the typical income allows

We start with a typical home in Senatobia, worth $212,100, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 38% of the typical household income in Senatobia, which is $54,167 a year. For that payment to be 28% of income, a household would need to earn about $74,256 a year.

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

Your numbers

Local data
$

Starts at the typical home value in Senatobia. 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 $7,424 (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

$1,733

at 7.18% · 30 years

Loan amount
$208,258
Total interest
$299,634
Paid off in
November 2056

Includes $3,582 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,264 a month

  • Tight

    $1,264 to $1,625 a month

  • Hard

    more than $1,625 a month

    Your payment · 38%

Compared with the typical household income in Senatobia ($54,167 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$1,733
Principal & interest$1,411
Property tax$140
Home insurance$88
FHA mortgage insurance (MIP)$94

You need at least $7,424 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

Senatobia and Tate County

Senatobia is in Tate 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).

Senatobia's own numbers

Typical home value
$212,100
Typical monthly rent
$895
Typical yearly household income
$54,167
Households that own their home
54%
Effective property tax rate
0.79%

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

Numbers for all of Tate County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,101
Price change over 5 years (FHFA)
+53%
Homes in a high flood-risk zone
1.5%

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 Tate County.

Everything about Tate County

Buying

Buying a home in Senatobia

A typical home in Senatobia is worth $212,100: about the same as the county and 25% above Mississippi. With the typical household income in Senatobia ($54,167 a year), a typical home costs 3.9 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.

  • Senatobia 3.9 years
  • Tate 3.0 years
  • Mississippi 3.0 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Tate County

According to FHFA’s house price index, home prices in Tate County rose 81% in the 10 years through 2025.

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

Period County Mississippi U.S.
Last year (2025) +4.6% +3.5% +2.9%
5 years (2020–2025) +53% +42% +47%
10 years (2015–2025) +81% +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

Senatobia next to Tate 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
  • Senatobia $212,100
  • Tate $209,000
  • Mississippi $169,800
  • United States $332,700
Typical monthly rent
  • Senatobia $895
  • Tate $963
  • Mississippi $954
  • United States $1,413
Typical yearly household income
  • Senatobia $54,167
  • Tate $69,704
  • Mississippi $56,447
  • United States $80,734
See the full table
Senatobia next to Tate County and Mississippi
Measure Senatobia Tate County Mississippi U.S.
Typical home value $212,100 $209,000 $169,800 $332,700
Typical monthly rent $895 $963 $954 $1,413
Typical yearly household income $54,167 $69,704 $56,447 $80,734
Households that own their home 54% 76% 70% 65%
Typical yearly property tax $1,673 $1,354 $1,215 $3,119
Effective property tax rate 0.79% 0.65% 0.72% 0.94%
Renters with high rent for their income 49% 55% 51% 51%

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

For a typical $212,100 home in Senatobia, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Senatobia's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $1,733a month

    Least cash to close
    Down payment
    $7,424
    Cash to close
    $13,787
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $94

  • Conventional, 5% down $1,694a month

    Down payment
    $10,605
    Cash to close
    $16,968
    Rate
    7.18%
    Mortgage insurance
    PMI · $101

  • Conventional, 20% down, no PMI $1,377a month

    Down payment
    $42,420
    Cash to close
    $48,783
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $1,574a month

    Down payment
    $31,815
    Cash to close
    $38,178
    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 Senatobia and for Tate County.

Property tax

Effective rate in Senatobia

0.79%of the home’s value each year

$1,673 a year for the typical owner in Senatobia.

  • Senatobia 0.79%
  • Tate 0.65%
  • Mississippi 0.72%

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

Exemptions and deadlines in Mississippi

Flood risk in Tate County

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

Homes in the high-risk zone
1.5%
155
Of those, with NFIP insurance
16%
County Mississippi U.S.
Homes in the high-risk zone 1.5% 7.6% 3.5%
Of those, with NFIP insurance 16% 33% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Senatobia

Typical rent in Senatobia is $895 a month: 7% below the county. In Senatobia, 49% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Tate County, by unit size. To pay the 2-bedroom one ($1,101 a month) without spending more than 30% of your income, you would need to earn $21.17 an hour working full time.

HUD fair market rent for all of Tate 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 $836 $16.08 $33,440
1 bedroom $842 $16.19 $33,680
2 bedrooms $1,101 $21.17 $44,040
3 bedrooms $1,322 $25.42 $52,880
4 bedrooms $1,447 $27.83 $57,880

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 Senatobia

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Senatobia is in ZIP code 38668.

For 2 bedrooms it is $1,100: $1 less than the fair market rent for Tate County ($1,101).

  • 38668 $1,100$1,320

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

HUD lists 5 buildings with rents for lower incomes in Senatobia. These are the largest.

  • Senatobia PH 107 Scotsdale St, Senatobia 38668 120 low-income homes · Run by The Housing Authority of the City of Senatobia · Average payment: $394 a month · Average wait: 14 months · Homes at several sites (662) 562-5071
  • Providence Place of Senatobia 800 Moores Xing, Senatobia 38668 80 low-income homes · 2 bd: 40 · 3 bd: 40 · In service since 2008 · For people with disabilities
  • Providence PCC of Senatobia 700 Moores Xing, Senatobia 38668 60 homes, 48 low-income · Studio: 4 · 1 bd: 55 · 2 bd: 2 · In service since 2009 · For older adults
  • Rainbow Apts 114 Matthews Dr, Senatobia 38668 40 low-income homes · 2 bd: 40 · In service since 1991 · For families
  • Senatobia Arms 907 S. Panola, Senatobia 38668 24 low-income homes · For older adults (662) 562-4795

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

Free help

Help to buy or rent in Senatobia

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

A man leans over the armchair to help a teenage girl with her book.

HUD counseling is free or low-cost

Assistance programs in Senatobia

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

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

  • Tunica Co. Community Dev. Coalition

    1097 Antioch St, Tunica · 24 miles away

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

  • North Mississippi Rural Legal Services

    493 Ryland Way, Oxford · 31 miles away · Spanish

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

  • Southern Bancorp Community Partners

    875 S State St, Clarksdale · 45 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 Senatobia

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 Senatobia

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

  • The Housing Authority of the City of Senatobia Public housing (662) 562-5071

All housing agencies in Mississippi Source: HUD

Cities

Nearby cities

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

Everything about Tate County Housing in Mississippi

Neighboring counties

If Tate 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 Senatobia.

All guides
A smiling girl holds up a small mushroom she found on a forest outing.

Questions

Housing questions about Senatobia

Short answers with the numbers for Senatobia and all of Tate 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 Senatobia?

The typical home value in Senatobia is $212,100, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Tate County it is $209,000.

How much does it cost to rent in Senatobia?

Typical rent in Senatobia is $895 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Tate County is $1,101.

What is the FHA loan limit in Senatobia?

Senatobia uses the FHA limit for all of Tate 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 Senatobia?

The typical homeowner in Senatobia pays $1,673 a year, according to the U.S. Census Bureau. That is 0.79% of the home’s value; in Tate County, the rate is 0.65%.

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

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