Home prices
The value of the median home in Tunica is $200,900. This is approximately $121,300 (152%) higher in comparison to other places in this area.In comparison to the entire nation it is approximately $16,600 (7%) lower, and in comparison to the city of Memphis is approximately $99,100 (97%) higher.
Rents
Tunica's median monthly rent is $625. This is approximately $91 (12%) lower compared to the surrounding areas.In comparison to the US as a whole it is about $437 (41%) lower, and in comparison to the city of Memphis is approximately $276 (30%) lower.
Nearby places
North Tunica
North Tunica is Tunica's neighbor to the north. The real estate prices there are significantly less expensive. North Tunica's median home price is $59,400, which works out to $141,500 (238%) lower than Tunica. Rents there are a bit more expensive. The median rent in North Tunica is $767 per month, which comes out to $142 (18%) higher than Tunica.
Tunica Resorts
Tunica Resorts is approximately 10 miles north from Tunica. Its real estate prices are a lot less expensive. The median home in Tunica Resorts is valued at $147,400, which comes out to $53,500 (36%) lower than Tunica. Its rents are a little more expensive. Tunica Resorts's median rent is $820 a month, which comes out to $195 (23%) higher than Tunica.
Crenshaw
Crenshaw is about 16 miles southeast from Tunica. Its housing prices are a lot less expensive. The cost of the median home in Crenshaw is $50,200, which comes out to $150,700 (300%) lower than Tunica. Rent there is a bit more expensive. In Crenshaw the median monthly rent is $755, which comes out to $130 (17%) higher than Tunica.
Helena-West Helena
Helena-West Helena is about 16 miles southwest of Tunica. Housing prices there are a lot less expensive. The price of the median home in Helena-West Helena is $73,400, which is $127,500 (173%) lower than Tunica. Its rents are a bit less expensive. In Helena-West Helena the median monthly rent is $582, which comes out to $43 (7%) lower than Tunica.
Horseshoe Lake
Horseshoe Lake is roughly 16 miles north from Tunica. Housing prices there are significantly less expensive. Horseshoe Lake's median home price is $67,600, which is $133,300 (197%) lower than Tunica. Its rents are somewhat more expensive. The median rent in Horseshoe Lake is $658 a month, which works out to $33 (5%) higher than Tunica.