Cost of Living in Lauderdale County, Tennessee

$729/mo
Median Monthly Rent
$122,100
Median Home Value

At a Glance

Median Monthly Rent
$729/mo
15% below state average
Median Home Value
$122,100
57% below national
Rent-to-Income Ratio
28.0%
% 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$729/mo
Tennessee Average$860/mo
National Median$1,163/mo

Detailed Housing Stats

$729/mo
Median Gross Rent
$122,100
Median Home Value
$699/mo
Monthly Owner Cost
28.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Lauderdale County ranks #2,065 of 3,144 counties for affordability (bottom 34%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Lauderdale County, Tennessee

Lauderdale's rent burden beats the nation

Renters in Lauderdale County spend just 17.8% of their income on rent—nearly identical to the national norm and slightly above Tennessee's 17.6% average. With a median household income of $49,205 versus the national median of $74,755, Lauderdale residents earn considerably less but manage comparable housing affordability through modest rents of $729 monthly.

Mid-pack affordability among Tennessee counties

Lauderdale ranks near the middle of Tennessee's affordability spectrum, with a rent-to-income ratio that mirrors the statewide average. The county's median rent of $729 runs $131 below the state average of $860, helping offset lower incomes.

Comparable to similar rural Tennessee towns

Lauderdale's housing costs align closely with neighboring Lewis County ($735 rent) and Lawrence County ($736 rent), all hovering around $730 monthly. Among this rural cluster, Lauderdale offers the lowest median home value at $122,100, making it the most accessible for first-time homebuyers in the region.

Balanced rents and mortgages on modest incomes

Renters pay $729 monthly while homeowners face $699 in monthly costs—nearly identical burdens that suggest stable, affordable property values. The median home value of $122,100 requires just 17% of annual income to cover ownership costs, leaving room for other necessities.

Affordable living for budget-conscious movers

If you're seeking affordable housing without sacrificing community stability, Lauderdale delivers consistent costs across renting and owning. Compare these figures to neighboring counties—you'll find Lauderdale competitive and welcoming for those prioritizing financial breathing room.

Cost of Living Advisory: Lauderdale County

Affordability Verdict

For renters in Lauderdale County, the market is affordable. Expect to pay around $729/month in gross rent, with 28.0% of renter households considered cost-burdened.

Rent vs. Own

Renters in Lauderdale County pay $729/month on average, compared to $699/month for homeowners. This market favors buyers by about 4%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $29,160/year. For owner costs at the 28% rule, the required income is roughly $29,957/year. With a median household income of $49,205, most households can comfortably afford rent here. Notably, 28.0% of renter households in Lauderdale County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Cannon County where rent averages $781/month, Lauderdale County is approximately 7% less expensive.

Affordability Calculator

See how your income compares to housing costs in Lauderdale County

$

Rent Burden

17.8%

of gross income

Max Housing (28% Rule)

$1,148

per month

Owner Cost Burden

17.0%

of gross income

You can likely afford the median home in Lauderdale County

Median home value is $122,100. Estimated monthly cost: $975 vs. your max of $1,148.

Rent Affordability Guide

Your rent-to-income ratio17.8%
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: $49,205Needed: $29,160
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $49,205Needed: $29,957
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $49,205Needed: $28,416

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 Lauderdale County, Tennessee?
Lauderdale County, Tennessee has a median monthly rent of $729/mo and a median home value of $122,100. The affordability rating is Unaffordable, with rent making up approximately 28.0% of median household income.
What is the median rent in Lauderdale County?
The median gross rent in Lauderdale County is $729/mo. This is 15% below state average for Tennessee.
Is Lauderdale County affordable?
Lauderdale County is rated Unaffordable based on rent-to-income ratio of 28.0%. 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 $729/mo is 15% below state average of $860/mo for Tennessee.
What is the median home value in Lauderdale County?
The median home value in Lauderdale County, Tennessee is $122,100. This is 57% below the national median home value of $281,900.

Counties with Similar Housing Costs

Sponsored

Planning a Move?

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

Compare Moving Quotes
Sponsored

Compare Mortgage Rates in Lauderdale 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.