
Home Price Key
These days, finding an affordable place to live in the Lauderdale area can be challenging. Home prices in Lauderdale are now at a median cost of $159,174, higher than the Mississippi average of $145,564.
The average cost of rent is $997/mo in Lauderdale, primarily driven by the current value of real estate in the Lauderdale area. While nearly 55.72% of residents own their homes outright in Lauderdale, 20.64% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lauderdale is $5,611 per month. Households that rent pay about 17.77% of their income on rent here. Lauderdale's most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Lockhart, MS: less expensive homes
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- York, AL: less expensive homes
Cities with Similar Populations
- Westmorland, CA: higher priced homes
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- Farmersville, OH: higher priced homes
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- Ganado, AZ: less expensive homes
- Hager City, WI: higher priced homes
- Gates, NC: less expensive homes
- Slayton, MN: equally priced homes
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