Housing in Lee County

The inside story on rent prices
Source: US Census Bureau - ACS 5 Yr 2024

Both Census and HUD figures represent gross rent — contract rent plus estimated utility costs for electricity, heat, water, and sewer.

Rent in Lee County averages $957/month for a 2‑bedroom in 2024, compared to the Mississippi median of $954 and the national median of $1,413. Local renters spend approximately 35% of household income on rent, above the national average of 32%.

HUD 2026 50th Percentile Rent Estimates for Lee County FMR Area are $917 for a studio, $923 for 1‑bedroom, $1,076 for 2‑bedroom, $1,361 for 3‑bedroom, and $1,425 for 4‑bedroom.

HUD 2026 Rent Estimates reflect market movement since 2024 Census data — a $119 increase for a 2-bedroom in Lee County shows a 12% rise over that period.

The U.S. Bureau of Labor Statistics annual unemployment rate for Lee County was 2.8% in 2024, compared to Mississippi at 3.2% and the national rate of 4.0%.

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Towns near Guntown

City
County
State
Miles
Lee
MS
0.0
Lee
MS
6.1
Lee
MS
7.4
Lee
MS
8.0
Lee
MS
9.2
Lee
MS
9.4
Pontotoc
MS
9.7
Itawamba
MS
13.6
Lee
MS
14.1
Union
MS
14.3
Itawamba
MS
14.7
Pontotoc
MS
15.4
Pontotoc
MS
17.5
Pontotoc
MS
18.7
Lee
MS
19.5
Itawamba
MS
19.6
Union
MS
22.7
Pontotoc
MS
24.9
Pontotoc
MS
27.0
Itawamba
MS
27.6
Union
MS
28.9
Union
MS
30.0
Itawamba
MS
34.4

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