Similar to nearby areas, it is substantially less expensive compared to the country as a whole. Compared to the city of Tupelo, it is significantly less expensive.
Home prices
The median home cost in Vardaman is $59,400. Compared to the surrounding areas this is roughly $1,440 (2%) lower.Compared to the entire nation it is about $158,100 (72%) lower, and compared to the city of Tupelo is approximately $86,000 (59%) lower.
Rents
The median monthly rent in Vardaman is $651. It is roughly $62 (10%) higher in comparison to the surrounding areas.In comparison to the rest of the nation it is approximately $411 (38%) lower, and in comparison to the city of Tupelo it is approximately $139 (17%) lower.
Nearby places
Derma
Derma is roughly 5 miles west from Vardaman. Housing prices there are a little less expensive. The median home in Derma is valued at $55,200, which works out to $4,200 (7%) lower than Vardaman. The rent there is a little less expensive. Derma's median monthly rent is $609, which comes out to $42 (6%) lower than Vardaman.
Calhoun City
Calhoun City is about 7 miles west from Vardaman. Its housing prices are somewhat more expensive. The median home in Calhoun City costs $69,900, which works out to $10,500 (15%) higher than Vardaman. Rent there is a little less expensive. The median monthly rent in Calhoun City is $540, which works out to $111 (20%) lower than Vardaman.
Houston
Houston is roughly 8 miles east of Vardaman. The housing prices there are somewhat more expensive. The median home in Houston costs $64,900, which is $5,500 (8%) higher than Vardaman. Its rents are pretty similar. In Houston the median monthly rent is $628, which comes out to $23 (3%) lower than Vardaman.
Woodland
Woodland is roughly 9 miles southeast from Vardaman. The housing prices there are a bit less expensive. Woodland's median home value is $55,000, which works out to $4,400 (8%) lower than Vardaman. Rent there is a little more expensive. The median rent in Woodland is $708 per month, which comes out to $57 (8%) higher than Vardaman.
Bruce
Bruce is roughly 11 miles northwest from Vardaman. Real estate prices there are similar. The median home in Bruce costs $59,200, which is very similar to Vardaman. Its rents are substantially less expensive. The median rent in Bruce is $459 per month, which comes out to $192 (41%) lower than Vardaman.