Lowndes County, Mississippi Housing Market Prices
Lowndes 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.
-
Median home price 2% above the Mississippi median$132,386
-
Median rent 3% below the Mississippi median More expensive than 81% of counties in Mississippi$930
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Lowndes County | Mississippi Avg | US Average |
|---|---|---|---|
| Median Home Price | $132,386 | $130,069 | $248,835 |
| Price Trend (Annual %) | -0.3% | 5.6% | 7.5% |
| Median Gross Rent | $930 | $954 | $1,407 |
| Rent Trend (Annual %) | 2.8% | 3.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Lowndes County is about 2% higher than in Mississippi. Rent is about 3% lower than the Mississippi average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Lowndes County: home prices fell about 0.3% a year while rent rose about 2.8% a year. That is an unusual pattern worth watching.
Median rent in Lowndes County rose about 28.8% between 2015 and 2024, from $722 to $930. Over the same span, rent in Mississippi rose about 33.2%.
Affordability
On average, housing unit costs 2.5 yearly household incomes in Lowndes County.
Buying the median-priced home in Lowndes County costs roughly 11.9 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Lowndes County. The price-to-rent ratio in Mississippi is about 11.4.
| Metric | Lowndes County | Mississippi Avg | US Average |
|---|---|---|---|
| Median Home Price | $132,386 | $130,069 | $248,835 |
| Median Household Income | $53,630 | $56,669 | $80,455 |
| Price-to-Income Ratio | 2.5 | 2.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Lowndes County fell about 12.9%, while median household income rose about 42.0% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Lowndes County | Mississippi Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 51.9% | 59.8% | 58.5% |
| Rental Rate | 32.8% | 25.6% | 31.2% |
| Vacancy Rate | 15.3% | 14.6% | 10.2% |
| Median Tenure (years) | 15.0 | 16.0 | 15.0 |
| Median Year Moved In | 2011 | 2010 | 2011 |
Lowndes County has a homeownership rate of 51.9%, lower than the Mississippi average of 59.8%. Its housing vacancy rate is 15.3%, compared with 14.6% in Mississippi.
Housing Stock
| Metric | Lowndes County | Mississippi Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.45 people | 2.49 people | 2.53 people |
| Median Structure Built Year | 1981 | 1986 | 1978 |
| Median Number of Rooms | 5.6 | 5.7 | 5.5 |
The typical housing unit in Lowndes County was built around 1981. On average, 2.4 people live in a home with about 5.6 rooms, staying for about 15.0 years on average.
Lowndes County, MS Housing Compared With Nearby Counties
How Lowndes County, MS compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Lowndes County, MS | 57,838 | $132,386 #2/3 | $930 #1/3 | 61.3% #2/3 |
| Monroe County, MS | 33,747 | $215,625 | $768 | 76.3% |
| Oktibbeha County, MS | 51,791 | $7,499 | $915 | 48.0% |
Frequently Asked Questions
Common questions about the housing market in Lowndes County, Mississippi.
What is the median home price in Lowndes County, Mississippi?
The median home price in Lowndes County, Mississippi is $132,386, higher than the Mississippi average of $130,069.
What is the average home price in Lowndes County, Mississippi?
The typical home price in Lowndes County, Mississippi, reported as the median sale price, is $132,386. 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 Lowndes County, Mississippi?
The median gross rent in Lowndes County, Mississippi is $930 per month, lower than the Mississippi average of $954.
What was the median gross rent in Lowndes County in 2020?
In 2020, the median gross rent in Lowndes County, Mississippi was $808 per month.
What is the price-to-rent ratio in Lowndes County, Mississippi?
The price-to-rent ratio in Lowndes County, Mississippi is about 11.9, meaning it would take roughly 11.9 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Lowndes County.
Are home prices or rent rising faster in Lowndes County, Mississippi?
Home prices and rent are moving in opposite directions in Lowndes County: home prices fell about 0.3% a year while rent rose about 2.8% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Lowndes County, Mississippi?
51.9% of households in Lowndes County, Mississippi own their home, lower than the Mississippi average of 59.8%.
What is the vacancy rate in Lowndes County, Mississippi?
The housing vacancy rate in Lowndes County, Mississippi is 15.3%, higher than the Mississippi average of 14.6%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →