Cost of Living in Lauderdale County, Mississippi

$897/mo

Median Monthly Rent

$124,500

Median Home Value

15% above state averageUnaffordable

At a Glance

Median Monthly Rent

$897/mo

15% above state average

Median Home Value

$124,500

56% below national

Rent-to-Income Ratio

31.0%

% 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 Lauderdale County Compares

Median monthly rent comparison

Lauderdale County$897/mo

Mississippi Average$782/mo

National Median$1,163/mo

Detailed Housing Stats

$897/mo

Median Gross Rent

$124,500

Median Home Value

$707/mo

Monthly Owner Cost

31.0%

Rent-to-Income Ratio

Data Story

About Cost of Living in Lauderdale County, Mississippi

Above-average costs strain below-average incomes

Lauderdale County's 21.5% rent-to-income ratio exceeds Mississippi's 19.6% state average, driven by $897 monthly rents on a median household income of just $50,033. Renters here spend a larger share of their paychecks on housing than typical Americans, creating affordability pressure despite prices that appear modest nationally.

Less affordable than state average

Lauderdale County's 21.5% rent-to-income ratio ranks among Mississippi's less affordable counties, exceeding the state's 19.6% average. The $897 median rent runs 14.7% above the state average, pricing out lower-income households despite representing just 1.2% of the national median income.

Expensive rents for a rural county

Lauderdale County renters pay $897 monthly—higher than all neighbors except Lafayette County ($1,091) and Lamar County ($1,061). The median home value of $124,500 also exceeds most rural peers, suggesting Lauderdale County anchors a higher-cost regional corridor.

Housing consumes fifth of household income

The typical Lauderdale County renter allocates $897 of a $4,169 monthly income to housing, consuming 21.5%—approaching the stress threshold. Homeowners with $707 monthly costs face a more manageable 17%, but renters here carry above-average housing burden relative to earnings.

Compare costs before committing

Lauderdale County's higher rents relative to local incomes make it less attractive than neighboring Kemper or Leake counties if affordability is paramount. However, stronger housing prices suggest economic activity; investigate job opportunities and wage levels in your specific industry before relocating.

Affordability Calculator

See how your income compares to housing costs in Lauderdale County

Your Annual Household Income

Rent Burden

21.5%

of gross income

Max Housing (28% Rule)

$1,167

per month

Owner Cost Burden

17.0%

of gross income

You can likely afford the median home in Lauderdale County

Median home value is $124,500. Estimated monthly cost: $994 vs. your max of $1,167.

Rent Affordability Guide

Your rent-to-income ratio21.5%

Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Lauderdale County, Mississippi?

Lauderdale County, Mississippi has a median monthly rent of $897/mo and a median home value of $124,500. The affordability rating is Unaffordable, with rent making up approximately 31.0% of median household income.

What is the median rent in Lauderdale County?

The median gross rent in Lauderdale County is $897/mo. This is 15% above state average for Mississippi.

Is Lauderdale County affordable?

Lauderdale County is rated Unaffordable based on rent-to-income ratio of 31.0%. Spending over 50% of income on rent is generally considered unaffordable.

How does Lauderdale County's rent compare to the state average?

Lauderdale County's median rent of $897/mo is 15% above state average of $782/mo for Mississippi.

What is the median home value in Lauderdale County?

The median home value in Lauderdale County, Mississippi is $124,500. This is 56% below the national median home value of $281,900.