Lauderdale County, Alabama Housing Market Prices
Lauderdale County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 62% above the Alabama median More expensive than 92% of counties in Alabama$260,000
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Median rent 17% below the Alabama median$838
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Lauderdale County | Alabama Avg | US Average |
|---|---|---|---|
| Median Home Price | $260,000 | $160,474 | $248,835 |
| Price Trend (Annual %) | 21.3% | 6.3% | 7.5% |
| Median Gross Rent | $838 | $1,007 | $1,407 |
| Rent Trend (Annual %) | 4.3% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Lauderdale County is about 62% higher than in Alabama. Rent is about 17% lower than the Alabama average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Lauderdale County, up about 21.3% and 4.3% a year respectively. Home prices are changing faster.
Median rent in Lauderdale County rose about 41.4% between 2015 and 2024, from $593 to $838. Over the same span, rent in Alabama rose about 40.5%.
Affordability
On average, housing unit costs 4.1 yearly household incomes in Lauderdale County.
Buying the median-priced home in Lauderdale County costs roughly 25.9 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Lauderdale County. The price-to-rent ratio in Alabama is about 13.3.
| Metric | Lauderdale County | Alabama Avg | US Average |
|---|---|---|---|
| Median Home Price | $260,000 | $160,474 | $248,835 |
| Median Household Income | $63,470 | $64,544 | $80,455 |
| Price-to-Income Ratio | 4.1 | 2.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Lauderdale County rose about 104.7%, while median household income rose about 56.8% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Lauderdale County | Alabama Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 60.2% | 60.0% | 58.5% |
| Rental Rate | 27.1% | 25.5% | 31.2% |
| Vacancy Rate | 12.6% | 14.5% | 10.2% |
| Median Tenure (years) | 16.0 | 16.0 | 15.0 |
| Median Year Moved In | 2010 | 2010 | 2011 |
Lauderdale County has a homeownership rate of 60.2%, about the same as the Alabama average of 60.0%. Its housing vacancy rate is 12.6%, compared with 14.5% in Alabama.
Housing Stock
| Metric | Lauderdale County | Alabama Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.36 people | 2.48 people | 2.53 people |
| Median Structure Built Year | 1980 | 1985 | 1978 |
| Median Number of Rooms | 5.8 | 5.9 | 5.5 |
The typical housing unit in Lauderdale County was built around 1980. On average, 2.4 people live in a home with about 5.8 rooms, staying for about 16.0 years on average.
Lauderdale County, AL Housing Compared With Nearby Counties
Lauderdale County, AL is the largest of the 4 counties compared here, 95,537 residents against a local median of 45,385. Where Lauderdale County, AL breaks from the counties next to it is median home price, sitting 108% above the local median of $124,863 at $260,000.
The counties themselves sit within $39,067 of each other on median home price, a tighter band than the gap between any of them and Lauderdale County, AL, which makes it a genuine outlier here rather than one end of a wide local spread. Lauderdale County, AL has the highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Lauderdale County, AL | 95,537 | $260,000 #1/4 | $838 #2/4 | 68.9% #4/4 |
| Colbert County, AL | 58,022 | $143,494 | $886 | 71.3% |
| Lawrence County, TN | 45,385 | $104,427 | $763 | 77.6% |
| Franklin County, AL | 31,966 | $124,863 | $675 | 72.4% |
Frequently Asked Questions
Common questions about the housing market in Lauderdale County, Alabama.
What is the median home price in Lauderdale County, Alabama?
The median home price in Lauderdale County, Alabama is $260,000, higher than the Alabama average of $160,474.
What is the average home price in Lauderdale County, Alabama?
The typical home price in Lauderdale County, Alabama, reported as the median sale price, is $260,000. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Lauderdale County, Alabama?
The median gross rent in Lauderdale County, Alabama is $838 per month, lower than the Alabama average of $1,007.
What was the median gross rent in Lauderdale County in 2020?
In 2020, the median gross rent in Lauderdale County, Alabama was $668 per month.
What is the price-to-rent ratio in Lauderdale County, Alabama?
The price-to-rent ratio in Lauderdale County, Alabama is about 25.9, meaning it would take roughly 25.9 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Lauderdale County.
Are home prices or rent rising faster in Lauderdale County, Alabama?
Both home prices and rent are rising in Lauderdale County, up about 21.3% and 4.3% a year respectively. Home prices are changing faster.
What is the homeownership rate in Lauderdale County, Alabama?
60.2% of households in Lauderdale County, Alabama own their home, about the same as the Alabama average.
What is the vacancy rate in Lauderdale County, Alabama?
The housing vacancy rate in Lauderdale County, Alabama is 12.6%, lower than the Alabama average of 14.5%.
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