RentData

Average Rent in Lawrence County, MS Rents falling 0.5% YoY

HUD FY2025 · Official government data · Updated annually · Metro pop. 11,883

Data review: HUD FY2025Sources: HUD, Zillow, Census, BLSMethodologyEditorial standardsReport a correction

Market Overview

Lawrence County, MS has rental prices ranging from $725/month to $1,275/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $730/month — 48% below the national average of $1,400/month. With a median household income of $43,368/year, spending $730/month on a 1-bedroom represents 20% of gross income — within the recommended 30% threshold.

How Lawrence County Compares

With an average 2-bedroom rent of $958/month, Lawrence County ranks #26 most expensive of the 79 cities tracked in Mississippi — pricier than 57% of all US cities in our data.

The Lawrence County Rental Market

The Lawrence County, MS area has a population of about 11,883 and 18% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.

Rent Trends

2-bedroom rents in Lawrence County, MS have fallen by $5/month (0.5%) over the past year, from $963 to $958. Rents have remained relatively stable year over year, indicating a balanced rental market in the area.

Affordability

To afford a 1-bedroom apartment in Lawrence County, MS without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $29,200. The local median household income of $43,368 exceeds that threshold by $14,168, making Lawrence County relatively accessible compared to local wages.

Economy & Jobs

Lawrence County, MS has an unemployment rate of 4.0%, 0.1 percentage points above the national average of 3.9%. A higher unemployment rate can moderate rental demand over time, which may help keep rent growth in check compared to tighter job markets.

Fair Market Rents

HUD FY2025
Studio
$725
Affordable
1 Bedroom
$730
Affordable
2 Bedrooms
$958
0.5% YoY
Affordable
3 Bedrooms
$1,154
Average
4 Bedrooms
$1,275
Average
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Is Lawrence County, MS Affordable?

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

Affordability Index(30% income rule)

To rent a 2BR
$38,320/year
Local median income: $43,368
To buy a median home
/year
US national median: $75,000
💡 Based on a 2BR rent of $958/month and 20% down on a home at 7% rate.

Nearby Cities in MSlargest metros in the state

CityStudio1BR2BR3BRHome Value
Holmes County$811$843$933$1,232
Jackson$1,045$1,051$1,232$1,484
Stone County$711$730$958$1,154
Pascagoula$922$972$1,094$1,466
Gulfport$766$896$1,117$1,446
Covington County$656$783$933$1,232

Rent or Buy in Lawrence County?

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

Should I Rent or Buy?

Break-even analysis using real Lawrence County data

$
Home Value
$350,000
2BR Rent
$958/mo
Mortgage Rate
7%
Monthly P&I
$1,863/mo
🏠 Buy

Buying breaks even after 5 years — worth it if you stay 5+ years.

Total monthly buy cost: $2,577/movs rent: $958/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Living in Lawrence County

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

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Frequently Asked Questions

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🏘️Neighborhoods in Lawrence County

Compare rent & home prices by neighborhood

💵Rent Affordability in Lawrence County

Salary needed to afford rent here

🗺️All Cities in MS

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⚖️Compare Lawrence County

Side-by-side rent & cost of living with any city

📋MS Tenant Rights

Deposit limits, eviction laws & renters protections