Cost of Living in Stone County, Mississippi

$839/mo
Median Monthly Rent
$163,300
Median Home Value
7% above state averageUnaffordable

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

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.

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%

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