Housing in Lake, MS
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$125,687
Lake vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Lake is highlighted.
Median Home Value
9th%ilemost expensive$73,900show rank
Median Rent
22nd%ilemost expensive rent$739show rank
Rent Burden
78th%ilehighest rent burden23.5%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$73,900
Median Rent
$739
Total Housing Units
225
Vacancy Rate
12.0%
Owner Occupied
60.1%
Renter Occupied
39.9%
Median Property Tax
$292
per year
Monthly Cost (w/ Mortgage)
$330
Housing Types
Single Family60.0%
Multi-Family10.2%
Mobile Home29.8%
The median home value in Lake, MS is $73,900. According to Zillow, the home value index for Lake is $125,687. The median rent is $739 per month (Census ACS). About 60.1% of housing units are owner-occupied. The median year homes were built is 1975. There are 225 total housing units.