CostBy County

Cost of Living in Lauderdale County, Tennessee

$774/mo
Median Monthly Rent
$143,200
Median Home Value

At a Glance

Median Monthly Rent
$774/mo
13% below state average
Median Home Value
$143,200
57% below national
Census GRAPI
29.9%
Median gross rent as % of renter income

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Affordable
Median gross rent is under 30% of renter household income

These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.

How Lauderdale County Compares

Median monthly rent comparison

Lauderdale County$774/mo
Tennessee Average$893/mo
National Median$1,413/mo

Detailed Housing Stats

$774/mo
Median Gross Rent
$143,200
Median Home Value
$704/mo
Monthly Owner Cost
29.9%
Census GRAPI

National Ranking

Affordability Rank

Lauderdale County ranks #772 of 3,142 counties for affordability (top 25%)

Most AffordableLeast Affordable

Sourced county brief

Lauderdale County Median Rent Percentage Exceeds State County Mean

In Lauderdale County, the official median gross rent as a percentage of household income (GRAPI) is 29.9%. This figure, based on official ACS table B25071, is 3.0 percentage points higher than the Tennessee unweighted county mean of 26.9%. The median gross rent in the county was estimated at $774 per month, which is $119 below the state unweighted county mean of $893. For those in owner-occupied units, the median home value is $143,200, compared to the state unweighted county mean of $223,385. Median selected monthly owner costs for all owner-occupied households were recorded at $704, which differs from the Tennessee unweighted county mean by $84. The median renter-household income was reported at $31,017. These statistics provide a snapshot of housing tenure costs and incomes according to the U.S. Census Bureau ACS 2020-2024 5-Year Estimates. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Lauderdale County

Affordability Verdict

ACS B25071 estimates median gross rent at 29.9% of renter household income in Lauderdale County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.

Rent vs. Own

Median gross rent is $774 per month; median selected monthly owner costs are $704. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $30,960 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.

Regional Context

The Tennessee unweighted mean of county median rents is $893 per month. Lauderdale County's $774 median is 13.3% below that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Lauderdale County

$

Rent Burden

18.6%

of gross income

Max Housing (28% Rule)

$1,164

per month

Owner Cost Burden

16.9%

of gross income

You can likely afford the median home in Lauderdale County

Median home value is $143,200. Estimated monthly cost: $1,143 vs. your max of $1,164.

Rent Affordability Guide

Your entered rent as a share of entered income18.6%
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: $49,879Needed: $30,960
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $49,879Needed: $30,171
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $49,879Needed: $33,327

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 $774/mo and a median home value of $143,200. The affordability rating is Affordable, with median gross rent equal to approximately 29.9% of renter household income.
What is the median rent in Lauderdale County?
The median gross rent in Lauderdale County is $774/mo. This is 13% below state average for Tennessee.
Is Lauderdale County affordable?
Lauderdale County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 29.9%. Median gross rent is under 30% of renter household income.
How does Lauderdale County's rent compare to the state average?
Lauderdale County's median rent of $774/mo is 13% below state average of $893/mo for Tennessee.
What is the median home value in Lauderdale County?
The median home value in Lauderdale County, Tennessee is $143,200. This is 57% below the national median home value of $332,700.

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Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.

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