Laurel, MS has a population of 18,661, while the median age is 35. The household income in Laurel, MS is around $30,010. The homeownership rate among the residents is 59%. The median residential property value in Laurel, MS that you should keep in mind is $78,900.
Population | 18,661 |
Median Age | 34.9 |
Poverty Rate | 32% |
Household Income | $30,010 |
Number Of Employees | 7,189 |
Median Property Value | $78,900 |
Rent Price |
May | vs Last Month |
---|---|---|
2-bed apartments | $4,725 | +9.4% |
3-bed apartments | $4,610 | -12.5% |
4+ bed apartments | $4,800 | -56.9% |
Over the May 2023, the average rent for an apartment in/near Laurel, MS decreased by 5.2% to $4,680.
Breaking it down in details, we now see that the average price for 1-bed apartment stands at $4,210 with no changes this month. Pricing for 2-bed apartment also increased by 9.4% and a place of this size will now cost you $4,725. 3-bed apartment rent pricing starts at $4,610, it decreased by 12.5% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 56.9% and made it down to $4,800.
Rent Type Price |
May | vs Last Month |
---|---|---|
Townhouses for rent | $6,450 | +25.3% |
Houses for rent | $3,795 | -29.5% |
Looking at the median rent price for an apartment in Laurel, MS, you can note that it remains flat with a price tag of $2,955. Statistics show that house rent price decreased by 29.5% this month making it up to $3,795. The median rent for a townhouse increased by 25.3%, you’ll have to spend around $6,450 to get one.