Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lafayette County area can be challenging. Home prices in Lafayette County are now at a median cost of $225,498, higher than the Mississippi average of $145,564.
The average cost of rent is $1,018/mo in Lafayette County, primarily driven by the current value of real estate in the Lafayette County area. While nearly 50.14% of residents own their homes outright in Lafayette County, 42.12% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lafayette County is $4,766 per month. Households that rent pay about 21.37% of their income on rent here. Lafayette County's most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the county.
Nearby Counties
- Panola County, MS: less expensive homes
- Pontotoc County, MS: less expensive homes
- Union County, MS: less expensive homes
- Quitman County, MS: less expensive homes
- Lee County, MS: less expensive homes
- Coahoma County, MS: less expensive homes
- Itawamba County, MS: less expensive homes
- Franklin County, AL: less expensive homes
- Arkansas County, AR: less expensive homes
- Jefferson County, AR: less expensive homes
Counties with Similar Populations
- Ogle County, IL: less expensive homes
- Lincoln Parish, LA: less expensive homes
- Livingston County, NY: less expensive homes
- Logan County, OH: less expensive homes
- Loudon County, TN: higher priced homes
- Lowndes County, MS: less expensive homes
- Lyon County, NV: higher priced homes
- Madison County, ID: higher priced homes
- Marion County, OH: less expensive homes
- Marion County, WV: less expensive homes
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