Lauderdale County, Tennessee Housing Market

In Lauderdale County, Tennessee, the median home value is $143,200, with a median monthly rent of $774. This places Lauderdale County at #2328 nationally out of 3134 counties by median home value, and #85 within Tennessee.

Median Home Value $143,200
Median Rent $774/mo
Owner Occupancy 64.4%
Price/Rent Ratio 15.4

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Lauderdale County rose +8.9% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

4,336
jobs (private sector)
  • Avg weekly wage: $992
  • Establishments: 308
  • BLS QCEW, 2025
🏗️

Housing Supply

26
new units authorized (2025)
  • Single-family: 26
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+291
net migration (filers, 2021-2022)
  • Inflow: 8,400 (avg $54,921)
  • Outflow: 8,109 (avg $55,551)
  • IRS Statistics of Income

How Lauderdale County Compares

MetricLauderdale CountyTennessee AverageU.S. Average
Median Home Value $143,200 $223,385 $227,706
Median Gross Rent $774 $892 $968
Owner Occupancy Rate 64.4% 74.1% 73.3%
Price/Rent Ratio 15.4 20.5 18.7

Market Analysis

The median home value in Lauderdale County is 35.9% below the Tennessee state average and 37.1% below the U.S. national average. The median rent of $774/month is 13.2% below the state average.

With a price-to-rent ratio of 15.4, the buy-vs-rent decision in Lauderdale County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Lauderdale County has an owner-occupancy rate of 64.4%, compared to 74.1% in Tennessee and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Fayette County Pennsylvania $143,200 $793
Grant Parish Louisiana $143,300 $904
Jones County Mississippi $143,100 $869
Stoddard County Missouri $143,300 $760
Audrain County Missouri $143,100 $693

Other Counties in Tennessee

CountyMedian Home ValueMedian RentOwner Occ.
Carroll County $142,400 $755 74.5%
Decatur County $139,600 $757 74.3%
Clay County $136,400 $557 74.4%
Weakley County $151,200 $803 66.3%
Hancock County $134,500 $622 74.6%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).