Cost of Living in Stone County, Mississippi

$839/mo
Median Monthly Rent
$163,300
Median Home Value

At a Glance

Median Monthly Rent
$839/mo
7% above state average
Median Home Value
$163,300
42% below national
Rent-to-Income Ratio
26.0%
% 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 Stone County Compares

Median monthly rent comparison

Stone County$839/mo
Mississippi Average$782/mo
National Median$1,163/mo

Detailed Housing Stats

$839/mo
Median Gross Rent
$163,300
Median Home Value
$745/mo
Monthly Owner Cost
26.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Stone County ranks #2,647 of 3,144 counties for affordability (bottom 16%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Stone County, Mississippi

Stone County housing costs stay reasonable nationally

Stone County's 17.0% rent-to-income ratio aligns closely with American affordability standards, meaning renters here dedicate a typical share of income to housing. With median household income of $59,307—well below the national median of $74,755—a $839 monthly rent remains sustainable for most households.

Mid-pack affordability in Mississippi

Stone County's 17.0% rent-to-income ratio beats Mississippi's 19.6% average, positioning it among the state's more affordable counties. At $839 per month, median rent exceeds the state average of $782 but remains modest within regional context.

Steeper rents, higher home values than Smith County

Stone County's $839 rent runs higher than Smith County's $664, reflecting modest differences in economic development across the region. Yet Stone's median home value of $163,300 suggests growing residential demand and steadier property appreciation than neighboring rural counties.

Balanced housing burden across tenants and owners

Stone County renters spend 17.0% of the $59,307 median income on housing, or roughly $848 annually from their gross earnings. Homeowners allocate even more—$745 monthly equals about 15.1% of household income—yet the median home value of $163,300 reflects stronger property equity potential.

Upgrade your homeownership prospects here

Stone County offers a sweet spot for buyers: median homes near $163,000 with monthly owner costs of $745. If homeownership is your goal and you're willing to spend modestly more on rent now, Stone's housing market and growing property values make relocation worth evaluating.

Cost of Living Advisory: Stone County

Affordability Verdict

For renters in Stone County, the market is affordable. Expect to pay around $839/month in gross rent, with 26.0% of renter households considered cost-burdened.

Rent vs. Own

Renters in Stone County pay $839/month on average, compared to $745/month for homeowners. This market favors buyers by about 11%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $33,560/year. For owner costs at the 28% rule, the required income is roughly $31,929/year. With a median household income of $59,307, most households can comfortably afford rent here. Notably, 26.0% of renter households in Stone County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Stone County sits 7% more expensive than Washington County ($786/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Stone County

$

Rent Burden

17.0%

of gross income

Max Housing (28% Rule)

$1,384

per month

Owner Cost Burden

15.1%

of gross income

You can likely afford the median home in Stone County

Median home value is $163,300. Estimated monthly cost: $1,304 vs. your max of $1,384.

Rent Affordability Guide

Your rent-to-income ratio17.0%
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: $59,307Needed: $33,560
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $59,307Needed: $31,929
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $59,307Needed: $38,004

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 Stone County, Mississippi?
Stone County, Mississippi has a median monthly rent of $839/mo and a median home value of $163,300. The affordability rating is Unaffordable, with rent making up approximately 26.0% of median household income.
What is the median rent in Stone County?
The median gross rent in Stone County is $839/mo. This is 7% above state average for Mississippi.
Is Stone County affordable?
Stone County is rated Unaffordable based on rent-to-income ratio of 26.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Stone County's rent compare to the state average?
Stone County's median rent of $839/mo is 7% above state average of $782/mo for Mississippi.
What is the median home value in Stone County?
The median home value in Stone County, Mississippi is $163,300. This is 42% below the national median home value of $281,900.

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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.

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