Foreclosure Homes in Laurel, MS

Current Market Conditions in Laurel, MS

The real estate market in Laurel, MS, has shown steady growth in recent years, attracting investors looking for affordable housing options and potential rental income. Home prices are typically lower compared to larger cities in Mississippi, making it an attractive place for first-time buyers and real estate investors.

Current trends indicate an increase in demand for rental properties, as many people are seeking affordable housing solutions. Investors can capitalize on this trend by acquiring properties that can be renovated and rented out, further driving up the property values.

Rent Prices In Laurel, MS

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Laurel, MS, is on a rollercoaster ride. The average rent price in Laurel, MS, is $1,043.00. Indeed, when looking to rent in Laurel, MS, you can expect to pay as little as $450.00 or as much as $2,120.00, with the average rent median estimated to be $1,000.00. The good news is that finding an affordable and desirable property to rent in Laurel, MS -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.