Average Rent in Lafayette County, MS↑ Rents rising 2.8% YoY🔺 Most expensive in MS

Lafayette County, MS has rental prices ranging from $1,093/month to $1,714/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $1,099/month — 21% below the national average of $1,400/month. With a median household income of $64,334/year, spending $1,099/month on a 1-bedroom represents 20% of gross income — within the recommended 30% threshold.

How Lafayette County Compares

With an average 2-bedroom rent of $1,293/month, Lafayette County ranks #1 most expensive of the 79 cities tracked in Mississippi — pricier than 86% of all US cities in our data.

The Lafayette County Rental Market

The Lafayette County, MS area has a population of about 56,920 and 37% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Lafayette County, MS have risen by $35/month (2.8%) over the past year, from $1,258 to $1,293. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Lafayette County, MS without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $43,960. The local median household income of $64,334 exceeds that threshold by $20,374, making Lafayette County relatively accessible compared to local wages.

Economy & Jobs

Lafayette County, MS has an unemployment rate of 3.4%, 0.5 percentage points below the national average of 3.9%. Strong employment conditions typically sustain rental demand, as workers relocate to the area and local residents maintain stable housing.

Is Lafayette County, MS Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Rent or Buy in Lafayette County?

Break-even analysis and mortgage estimates based on local market data.

Living in Lafayette County

Cost of living, job market, crime rates, and moving cost estimates.