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These days, finding an affordable place to live in the Lafayette Springs area can be challenging. Home prices in Lafayette Springs are now at a median cost of $361,311, higher than the Mississippi average of $183,008.
The average cost of rent is $1,041/mo in Lafayette Springs, primarily driven by the current value of real estate in the Lafayette Springs area. In Lafayette Springs, 7.06% of households rent, and 39.78% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lafayette Springs is $8,716 per month. Households that rent pay about 11.94% of their income on rent here. Lafayette Springs’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Yocona, MS: less expensive homes
- Tula, MS: higher priced homes
- Denmark, MS: less expensive homes
- Oxford, MS: higher priced homes
- University, MS: less expensive homes
- DeLay, MS: less expensive homes
- Taylor, MS: less expensive homes
- College Hill, MS: less expensive homes
- Dogtown, MS: less expensive homes
- Abbeville, MS: less expensive homes
Cities with Similar Populations
- Islandton, SC: less expensive homes
- Highland Lakes, NJ: less expensive homes
- Hill Country Village, TX: higher priced homes
- Hill, NH: less expensive homes
- Hillburn, NY: higher priced homes
- Hoffman, NC: less expensive homes
- Horner, WV: less expensive homes
- Hudson, KY: less expensive homes
- Hymera, IN: less expensive homes
- Irishtown, PA: less expensive homes
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