Cost of Living in Lauderdale County, Tennessee

$729/mo

Median Monthly Rent

$122,100

Median Home Value

15% below state averageUnaffordable

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

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.

Affordability Calculator

See how your income compares to housing costs in Lauderdale County

Your Annual Household Income

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%

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.