Cost of Living in Choctaw County, Mississippi

$661/mo
Median Monthly Rent
$104,500
Median Home Value

At a Glance

Median Monthly Rent
$661/mo
15% below state average
Median Home Value
$104,500
63% below national
Rent-to-Income Ratio
20.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Choctaw County Compares

Median monthly rent comparison

Choctaw County$661/mo
Mississippi Average$782/mo
National Median$1,163/mo

Detailed Housing Stats

$661/mo
Median Gross Rent
$104,500
Median Home Value
$500/mo
Monthly Owner Cost
20.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Choctaw County ranks #397 of 3,144 counties for affordability (top 13%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Choctaw County, Mississippi

Choctaw's rents beat national affordability

With a rent-to-income ratio of 16.4%, Choctaw County outperforms both Mississippi's state average (19.6%) and the national benchmark for housing affordability. A median rent of $661/month paired with a $48,321 household income creates one of the region's most favorable housing equations.

Top-tier affordability across Mississippi

Choctaw County ranks among the state's most affordable regions for renters, with its 16.4% rent-to-income ratio sitting 3.2 percentage points below Mississippi's average. This positions it as a genuine outlier in a state where many counties struggle with housing costs.

Cheapest rents in the local cluster

Choctaw's median rent of $661 undercuts Chickasaw ($702) and Covington ($639) by notable margins, making it the rental bargain among nearby counties. Homeowners here also benefit from the lowest monthly costs at $500, the best in this comparison group.

Renters and owners both win here

Rent consumes just 16.4% of the $48,321 median household income, while mortgage costs eat only 12.4%, giving both renters and homeowners breathing room. This dual affordability is rare among Mississippi counties.

Choctaw is a rare Mississippi bargain

If you're seeking genuinely affordable housing in Mississippi, Choctaw County delivers—with rents and ownership costs significantly below state averages. Test your budget here against similar-sized counties like Copiah and Covington to confirm the savings.

Cost of Living Advisory: Choctaw County

Affordability Verdict

For renters in Choctaw County, the market is affordable. Expect to pay around $661/month in gross rent, with 20.0% of renter households considered cost-burdened.

Rent vs. Own

The median rent in Choctaw County is $661/month, while owner costs run $500/month. Owning saves approximately $161/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $26,440/year. For owner costs at the 28% rule, the required income is roughly $21,429/year. With a median household income of $48,321, most households can comfortably afford rent here. Notably, 20.0% of renter households in Choctaw County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Within Mississippi, Choctaw County is less affordable than Clay County by roughly 8% ($661/mo vs $718/mo).

Affordability Calculator

See how your income compares to housing costs in Choctaw County

$

Rent Burden

16.4%

of gross income

Max Housing (28% Rule)

$1,127

per month

Owner Cost Burden

12.4%

of gross income

You can likely afford the median home in Choctaw County

Median home value is $104,500. Estimated monthly cost: $834 vs. your max of $1,127.

Rent Affordability Guide

Your rent-to-income ratio16.4%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $48,321Needed: $26,440
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $48,321Needed: $21,429
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $48,321Needed: $24,320

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Choctaw County, Mississippi?
Choctaw County, Mississippi has a median monthly rent of $661/mo and a median home value of $104,500. The affordability rating is Unaffordable, with rent making up approximately 20.0% of median household income.
What is the median rent in Choctaw County?
The median gross rent in Choctaw County is $661/mo. This is 15% below state average for Mississippi.
Is Choctaw County affordable?
Choctaw County is rated Unaffordable based on rent-to-income ratio of 20.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Choctaw County's rent compare to the state average?
Choctaw County's median rent of $661/mo is 15% below state average of $782/mo for Mississippi.
What is the median home value in Choctaw County?
The median home value in Choctaw County, Mississippi is $104,500. This is 63% below the national median home value of $281,900.

Counties with Similar Housing Costs

Sponsored

Planning a Move?

Researching the cost of living in Choctaw County, Mississippi? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes
Sponsored

Compare Mortgage Rates in Choctaw County

Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.

See Today's Rates
By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.