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City · 26,411 residents · Lafayette County, Mississippi

Oxford , Mississippi

In Oxford, a typical home is worth $385,700 and typical rent is $1,071 a month. Compared with all of Lafayette County, the typical home value is 22% higher and the share of households that own their home is 21 points lower.

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  • Typical home value

    $385,700

    22% above the county

    127% above Mississippi

    • Oxford
    • Lafayette
    • Mississippi

  • Typical rent

    $1,071a month

    About the same as the county

    12% above Mississippi

    • Oxford
    • Lafayette
    • Mississippi

  • Typical household income

    $64,451a year

    4% below the county

    14% above Mississippi

    • Oxford
    • Lafayette
    • Mississippi

  • Households that own their home

    43%

    21 points below the county

    27 points below Mississippi

    • Oxford
    • Lafayette
    • Mississippi

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$415,283
2.6% more than 12 months ago
Typical rent
$2,338 a month
3.6% more than 12 months ago

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Oxford is in Lafayette County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Lafayette County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Oxford apart

What this place has that others do not, from public data, most unusual first.

  1. Oxford has the highest typical home value of the 67 cities in Mississippi with more than 5,000 people: $385,700.

  2. Nearby, in Holly Springs, the typical home value is $109,600: 72% less than in Oxford ($385,700).

  3. 43% of households in Oxford own their home, against 64% in Lafayette County.

  4. Nearby, in Holly Springs, the typical rent is $773: 28% less than in Oxford ($1,071).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Oxford

What homes there are in Oxford, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

Homes in Oxford are varied: detached houses are the largest group, at 49%, against 61% in Lafayette County.

Year built

In Oxford, half of the homes were built before 2000; in Lafayette County, before 2000.

There are fewer big homes in Oxford than in Lafayette County: 54% have 3 bedrooms or more, against 66%.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$2,044 a month

Lafayette County: $1,779 a month

Without a mortgage

$687 a month

Lafayette County: $537 a month

Owners with a mortgage

53%

Lafayette County: 54%

Owning costs more in Oxford: with a mortgage, the typical cost is $2,044 a month; in Lafayette County, $1,779. Without one, $687.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

From 2015–2019 to 2020–2024, home values in Oxford rose at about the same pace as in Lafayette County: 55% against 58%.

Much as in Lafayette County, the typical rent in Oxford rose 12% since 2015–2019.

While home values in Oxford changed +55% and rent +12%, the typical household income rose 46%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureOxfordLafayette CountyMississippiUnited States
Rental vacancy 28.9%31.6%8.2%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate0.8%0.9%
More than one person per room Unreliable estimateUnreliable estimate2.2%3.4%
People per household 2.582.752.492.53
Drive alone 78%78%82%69%
Carpool 6%8%9%9%
Public transit 2%1%0%3%
Walk or bike 4%3%1%3%
Work from home 9%9%6%15%
Other means Unreliable estimateUnreliable estimate1%2%
Typical commute 10 to 19 minutes10 to 19 minutes20 to 29 minutes20 to 29 minutes

In Oxford, the rental vacancy rate is 28.9%; in Lafayette County, 31.6%.

Households in Oxford are smaller: 2.58 people on average; in Lafayette County, 2.75.

The car rules in Oxford: 78% of workers drive to work alone, and the typical trip takes 10 to 19 minutes.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Oxford?

A typical home costs more than the typical income allows

We start with a typical home in Oxford, worth $385,700, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 58% of the typical household income in Oxford, which is $64,451 a year. For that payment to be 28% of income, a household would need to earn about $134,344 a year.

The calculator's FHA and conventional loan limits are those of all of Lafayette County.

Your numbers

Local data
$

Starts at the typical home value in Oxford. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $13,500 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$3,135

at 7.18% · 30 years

Loan amount
$378,714
Total interest
$544,880
Paid off in
November 2056

Includes $6,514 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,504 a month

  • Tight

    $1,504 to $1,934 a month

  • Hard

    more than $1,934 a month

    Your payment · 58%

Compared with the typical household income in Oxford ($64,451 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$3,135
Principal & interest$2,566
Property tax$238
Home insurance$161
FHA mortgage insurance (MIP)$171

You need at least $13,500 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Oxford and Lafayette County

Oxford is in Lafayette County, Mississippi. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Oxford's own numbers

Typical home value
$385,700
Typical monthly rent
$1,071
Typical yearly household income
$64,451
Households that own their home
43%
Effective property tax rate
0.74%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Lafayette County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,255
Price change over 5 years (FHFA)
+66%
Homes in a high flood-risk zone
2.5%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Lafayette County.

Everything about Lafayette County

Buying

Buying a home in Oxford

A typical home in Oxford is worth $385,700: 22% above the county and 127% above Mississippi. With the typical household income in Oxford ($64,451 a year), a typical home costs 6.0 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Oxford 6.0 years
  • Lafayette 4.7 years
  • Mississippi 3.0 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Lafayette County

According to FHFA’s house price index, home prices in Lafayette County rose 96% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Lafayette County.

Period County Mississippi U.S.
Last year (2025) +9.1% +3.5% +2.9%
5 years (2020–2025) +66% +42% +47%
10 years (2015–2025) +96% +62% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Oxford next to Lafayette County, Mississippi and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Oxford $385,700
  • Lafayette $315,400
  • Mississippi $169,800
  • United States $332,700
Typical monthly rent
  • Oxford $1,071
  • Lafayette $1,085
  • Mississippi $954
  • United States $1,413
Typical yearly household income
  • Oxford $64,451
  • Lafayette $67,185
  • Mississippi $56,447
  • United States $80,734
See the full table
Oxford next to Lafayette County and Mississippi
Measure Oxford Lafayette County Mississippi U.S.
Typical home value $385,700 $315,400 $169,800 $332,700
Typical monthly rent $1,071 $1,085 $954 $1,413
Typical yearly household income $64,451 $67,185 $56,447 $80,734
Households that own their home 43% 64% 70% 65%
Typical yearly property tax $2,845 $1,719 $1,215 $3,119
Effective property tax rate 0.74% 0.55% 0.72% 0.94%
Renters with high rent for their income 56% 54% 51% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Lafayette County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Oxford

For a typical $385,700 home in Oxford, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Oxford's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $3,135a month

    Least cash to close
    Down payment
    $13,500
    Cash to close
    $25,071
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $171

  • Conventional, 5% down $3,064a month

    Down payment
    $19,285
    Cash to close
    $30,856
    Rate
    7.18%
    Mortgage insurance
    PMI · $183

  • Conventional, 20% down, no PMI $2,489a month

    Down payment
    $77,140
    Cash to close
    $88,711
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $2,845a month

    Down payment
    $57,855
    Cash to close
    $69,426
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Oxford and for Lafayette County.

Property tax

Effective rate in Oxford

0.74%of the home’s value each year

$2,845 a year for the typical owner in Oxford.

  • Oxford 0.74%
  • Lafayette 0.55%
  • Mississippi 0.72%

What Mississippi publishes Regular homestead exemption (Tier 1) (Mississippi Department of Revenue)

Exemptions and deadlines in Mississippi

Flood risk in Lafayette County

FEMA does not publish these numbers by city: they are for all of Lafayette County.

Homes in the high-risk zone
2.5%
535
Of those, with NFIP insurance
13%
County Mississippi U.S.
Homes in the high-risk zone 2.5% 7.6% 3.5%
Of those, with NFIP insurance 13% 33% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Oxford

Typical rent in Oxford is $1,071 a month: about the same as the county. In Oxford, 56% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Lafayette County, by unit size. To pay the 2-bedroom one ($1,255 a month) without spending more than 30% of your income, you would need to earn $24.13 an hour working full time.

HUD fair market rent for all of Lafayette County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,011 $19.44 $40,440
1 bedroom $1,017 $19.56 $40,680
2 bedrooms $1,255 $24.13 $50,200
3 bedrooms $1,502 $28.88 $60,080
4 bedrooms $1,649 $31.71 $65,960

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Oxford

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Oxford is in ZIP code 38655.

For 2 bedrooms it is $1,260: $5 more than the fair market rent for Lafayette County ($1,255).

  • 38655 $1,260$1,510

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Oxford when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Oxford

HUD lists 9 buildings with rents for lower incomes in Oxford. These are the largest.

  • CB Webb Townhouses 902 Molly Barr Rd, Oxford 38655 212 low-income homes · Run by Oxford Housing Authority · Average payment: $483 a month (662) 234-7524
  • Anderson Estates 1731 Anderson Rd, Oxford 38655 48 low-income homes · 2 bd: 24 · 3 bd: 24 · In service since 2002 · For people with disabilities, families
  • Belle Rivers 2305 Robinson Rd, Oxford 38655 48 low-income homes · 3 bd: 48 · In service since 2019
  • Eastover 38 County Road 2003, Oxford 38655 48 low-income homes · 3 bd: 48 · In service since 2020
  • Heritage Park Apts Phase II 600 McElroy Dr, Oxford 38655 48 low-income homes · 2 bd: 48 · In service since 2002 · For older adults

See all 9 buildings in Lafayette County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Oxford

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There is 1 HUD-approved agency with an office in Lafayette County; 1 says it serves in Spanish.

A man leans over the armchair where a girl is reading a book.

HUD counseling is free or low-cost

Assistance programs in Oxford

No down payment, repair or rent-help program on our list is for Oxford or Lafayette County. The ones below are statewide in Mississippi: they work in Oxford the same as in the rest of the state.

Which programs do I qualify for? All programs in Mississippi

  • Smart7 Mortgage Program

    Statewide in Mississippi

    Mississippi state corporation 30-year mortgage with $7,000 for the down payment or closing costs as a 0% second mortgage, repaid when you sell, refinance, stop living in the home or pay off the mortgage; no first-time buyer requirement. Offered by Mississippi Home Corporation (MHC).

    Deferred

    See the program Official page

  • Easy8

    Statewide in Mississippi

    Mississippi state corporation 30-year mortgage with $8,000 at 0% as a second mortgage for the down payment, closing costs or prepaid expenses, repaid when you sell, refinance, stop living in the home or pay off the mortgage; for first-time buyers, except in designated areas and for veterans. Offered by Mississippi Home Corporation (MHC).

    Deferred

    See the program Official page

  • Home4All

    Statewide in Mississippi

    Mississippi state corporation forgivable grant, with federal HOME funds, of up to $25,000 for the down payment, closing costs or to reduce the principal; for first-time buyers with incomes under 80% of the area median and a fixed-rate mortgage; if you sell before 5 or 10 years (depending on the amount), you may repay part of it. Offered by Mississippi Home Corporation (MHC).

    Grant

    See the program Official page

Housing counselors near Oxford

The HUD-approved agencies closest to the center of Oxford, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • North Mississippi Rural Legal Services

    493 Ryland Way, Oxford · 3 miles away · Spanish

    • Mortgage delinquency and default
    • Workshops for new owners
    • and 2 more
    (662) 234-8731

  • Tunica Co. Community Dev. Coalition

    1097 Antioch St, Tunica · 54 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 5 more
    (662) 357-5990

  • Southern Bancorp Community Partners

    875 S State St, Clarksdale · 61 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 6 more
    662-624-5776-3112

Every agency in Lafayette County All counseling agencies in Mississippi

Help in Spanish near Oxford

1 of the 3 agencies on this list says it serves in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Oxford

HUD’s record names them for Oxford or Lafayette County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

One other authority has an office in Lafayette County: see the list Source: HUD

Cities

Other cities in Lafayette County

These cities are also in Lafayette County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Lafayette County Housing in Mississippi

Nearby cities

The cities closest to Oxford, with the typical home value.

Neighboring counties

If Lafayette County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Oxford.

All guides
A mother holding her baby watches her daughter blow bubbles outdoors.

Questions

Housing questions about Oxford

Short answers with the numbers for Oxford and all of Lafayette County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Oxford?

The typical home value in Oxford is $385,700, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Lafayette County it is $315,400.

How much does it cost to rent in Oxford?

Typical rent in Oxford is $1,071 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Lafayette County is $1,255.

What is the FHA loan limit in Oxford?

Oxford uses the FHA limit for all of Lafayette County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Oxford?

The typical homeowner in Oxford pays $2,845 a year, according to the U.S. Census Bureau. That is 0.74% of the home’s value; in Lafayette County, the rate is 0.55%.

Where can I find free help to buy or rent in Oxford?

There is 1 HUD-approved counseling agency with an office in Lafayette County. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).