Housing in Fayette, MS
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$76,921
Fayette vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Fayette is highlighted.
Median Home Value
9th%ilemost expensive$73,800show rank
Median Rent
1st%ilemost expensive rent$416show rank
Rent Burden
58th%ilehighest rent burden19.7%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$73,800
Median Rent
$416
Total Housing Units
673
Vacancy Rate
25.9%
Owner Occupied
50.3%
Renter Occupied
49.7%
Median Property Tax
$527
per year
Monthly Cost (w/ Mortgage)
$386
Housing Types
Single Family52.6%
Multi-Family33.4%
Mobile Home14.0%
The median home value in Fayette, MS is $73,800. According to Zillow, the home value index for Fayette is $76,921. The median rent is $416 per month (Census ACS). About 50.3% of housing units are owner-occupied. The median year homes were built is 1979. There are 673 total housing units.