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City · 7,658 residents · Lauderdale County, Tennessee

Ripley , Tennessee

In Ripley, a typical home is worth $154,900 and typical rent is $800 a month. Compared with all of Lauderdale County, typical household income is 25% lower, the typical home value is 8% higher, and the share of households that own their home is 19 points lower.

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  • Typical home value

    $154,900

    8% above the county

    46% below Tennessee

    • Ripley
    • Lauderdale
    • Tennessee

  • Typical rent

    $800a month

    3% above the county

    33% below Tennessee

    • Ripley
    • Lauderdale
    • Tennessee

  • Typical household income

    $37,432a year

    25% below the county

    46% below Tennessee

    • Ripley
    • Lauderdale
    • Tennessee

  • Households that own their home

    45%

    19 points below the county

    22 points below Tennessee

    • Ripley
    • Lauderdale
    • Tennessee

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

Market now, with Zillow data

Zillow data
Typical home value
$146,529
15.8% more than 12 months ago

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

Ripley is in Lauderdale 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 Lauderdale County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Ripley apart

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

  1. According to Zillow, in the 12 months to September 2026 the typical home value in Ripley rose 15.8%; in Tennessee, it rose 0.6%.

  2. Ripley has the 4th lowest typical household income of the 113 cities in Tennessee with more than 5,000 people ($37,432).

  3. 45% of households in Ripley own their home, against 64% in Lauderdale County.

  4. Ripley has the 11th lowest typical home value of the 113 cities in Tennessee with more than 5,000 people ($154,900).

Sources: Zillow (September 2026 data); U.S. Census Bureau (Average 2020–2024). Zillow data

The homes here

Housing in Ripley

What homes there are in Ripley, 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

Detached houses are the majority in Ripley (72%), but less so than in Lauderdale County (76%).

Year built

The typical home in Ripley was built in 1975, 6 years before the typical one in Lauderdale County.

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

$1,149 a month

Lauderdale County: $1,163 a month

Without a mortgage

$462 a month

Lauderdale County: $413 a month

Owners with a mortgage

49%

Lauderdale County: 48%

The typical cost for an owner with a mortgage in Ripley is $1,149 a month, near the figure in Lauderdale County ($1,163).

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

Since 2015–2019, homes in Ripley gained value faster than in Lauderdale County: 79% against 70%.

The typical rent in Ripley rose 15% over the same time; in Lauderdale County, it rose 19%.

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

MeasureRipleyLauderdale CountyTennesseeUnited States
Rental vacancy Unreliable estimateUnreliable estimate6.1%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate0.9%0.9%
More than one person per room Unreliable estimate3.7%2.2%3.4%
People per household 2.652.432.452.53
Drive alone 78%85%76%69%
Carpool Unreliable estimate10%8%9%
Public transit Unreliable estimateUnreliable estimate0%3%
Walk or bike Unreliable estimateUnreliable estimate1%3%
Work from home Unreliable estimate3%13%15%
Other means Unreliable estimateUnreliable estimate1%2%
Typical commute Unreliable estimate20 to 29 minutes20 to 29 minutes20 to 29 minutes

More people live in each home here: 2.65 on average, against 2.43 in Lauderdale County.

To get to work, 78% of workers in Ripley drive alone; in Lauderdale County, 85%.

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 Ripley?

A typical home costs more than the typical income allows

We start with a typical home in Ripley, worth $154,900, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 40% of the typical household income in Ripley, which is $37,432 a year. For that payment to be 28% of income, a household would need to earn about $54,064 a year.

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

Your numbers

Local data
$

Starts at the typical home value in Ripley. 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 $5,422 (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

$1,262

at 7.18% · 30 years

Loan amount
$152,094
Total interest
$218,827
Paid off in
November 2056

Includes $2,616 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $873 a month

  • Tight

    $873 to $1,123 a month

  • Hard

    more than $1,123 a month

    Your payment · 40%

Compared with the typical household income in Ripley ($37,432 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$1,262
Principal & interest$1,030
Property tax$98
Home insurance$65
FHA mortgage insurance (MIP)$69

You need at least $5,422 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

Ripley and Lauderdale County

Ripley is in Lauderdale County, Tennessee. 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).

Ripley's own numbers

Typical home value
$154,900
Typical monthly rent
$800
Typical yearly household income
$37,432
Households that own their home
45%
Effective property tax rate
0.76%

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

Numbers for all of Lauderdale County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$995
Price change over 5 years (FHFA)
+71%
Homes in a high flood-risk zone
4.3%

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 Lauderdale County.

Everything about Lauderdale County

Buying

Buying a home in Ripley

A typical home in Ripley is worth $154,900: 8% above the county and 46% below Tennessee. With the typical household income in Ripley ($37,432 a year), a typical home costs 4.1 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.

  • Ripley 4.1 years
  • Lauderdale 2.9 years
  • Tennessee 4.1 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Lauderdale County

According to FHFA’s house price index, home prices in Lauderdale County rose 108% in the 10 years through 2025.

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

Period County Tennessee U.S.
Last year (2025) +8.9% +2.4% +2.9%
5 years (2020–2025) +71% +60% +47%
10 years (2015–2025) +108% +114% +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

Ripley next to Lauderdale County, Tennessee and the U.S.

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

Typical home value
  • Ripley $154,900
  • Lauderdale $143,200
  • Tennessee $286,700
  • United States $332,700
Typical monthly rent
  • Ripley $800
  • Lauderdale $774
  • Tennessee $1,189
  • United States $1,413
Typical yearly household income
  • Ripley $37,432
  • Lauderdale $49,879
  • Tennessee $69,595
  • United States $80,734
See the full table
Ripley next to Lauderdale County and Tennessee
Measure Ripley Lauderdale County Tennessee U.S.
Typical home value $154,900 $143,200 $286,700 $332,700
Typical monthly rent $800 $774 $1,189 $1,413
Typical yearly household income $37,432 $49,879 $69,595 $80,734
Households that own their home 45% 64% 67% 65%
Typical yearly property tax $1,171 $844 $1,442 $3,119
Effective property tax rate 0.76% 0.59% 0.5% 0.94%
Renters with high rent for their income 54% 50% 49% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Lauderdale 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 Ripley

For a typical $154,900 home in Ripley, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Ripley's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $1,261a month

    Least cash to close
    Down payment
    $5,422
    Cash to close
    $10,069
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $69

  • Conventional, 5% down $1,233a month

    Down payment
    $7,745
    Cash to close
    $12,392
    Rate
    7.18%
    Mortgage insurance
    PMI · $74

  • Conventional, 20% down, no PMI $1,002a month

    Down payment
    $30,980
    Cash to close
    $35,627
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $1,145a month

    Down payment
    $23,235
    Cash to close
    $27,882
    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 Ripley and for Lauderdale County.

Property tax

Effective rate in Ripley

0.76%of the home’s value each year

$1,171 a year for the typical owner in Ripley.

  • Ripley 0.76%
  • Lauderdale 0.59%
  • Tennessee 0.5%

What Tennessee publishes Property tax relief for older, disabled and disabled-veteran homeowners (Tennessee Comptroller of the Treasury, 2026 Property Tax Relief Program brochure)

Exemptions and deadlines in Tennessee

Flood risk in Lauderdale County

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

Homes in the high-risk zone
4.3%
417
Of those, with NFIP insurance
14%
County Tennessee U.S.
Homes in the high-risk zone 4.3% 1.6% 3.5%
Of those, with NFIP insurance 14% 25% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Ripley

Typical rent in Ripley is $800 a month: 3% above the county. In Ripley, 54% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Lauderdale County, by unit size. To pay the 2-bedroom one ($995 a month) without spending more than 30% of your income, you would need to earn $19.13 an hour working full time.

HUD fair market rent for all of Lauderdale 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 $756 $14.54 $30,240
1 bedroom $761 $14.63 $30,440
2 bedrooms $995 $19.13 $39,800
3 bedrooms $1,294 $24.88 $51,760
4 bedrooms $1,533 $29.48 $61,320

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 Ripley

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Ripley is in ZIP code 38063.

For 2 bedrooms it is $1,000: $5 more than the fair market rent for Lauderdale County ($995).

  • 38063 $1,000$1,300

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Ripley 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 Ripley

HUD lists 7 buildings with rents for lower incomes in Ripley. These are the largest.

  • Ripley Housing Authority 101 Northcrest St, Ripley 38063 193 low-income homes · For families (713) 635-1948
  • Lauderdale Homes 290 Trey Ln, Ripley 38063 110 low-income homes · 4 bd: 110 · In service since 2004
  • Chapel and Crescent Apartments 104 Crescent Ave, Ripley 38063 71 low-income homes · For families (731) 635-1901
  • Ripley Meadows Apartments 269 Gay St, Ripley 38063 66 low-income homes · For older adults (731) 635-5141
  • Chapel Ridge at Ripley 449 Robeson St, Ripley 38063 64 low-income homes · 1 bd: 16 · 2 bd: 32 · 3 bd: 16 · In service since 2003 · For families

See all 10 buildings in Lauderdale County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Ripley

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.

We found no HUD-approved agencies with an office in Lauderdale County. The nearest ones are below; many serve by phone or online.

A pregnant woman reads paperwork on the sofa while the grandmother plays with the girl on the floor.

HUD counseling is free or low-cost

Assistance programs in Ripley

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

Which programs do I qualify for? All programs in Tennessee

  • Great Choice Plus

    Statewide in Tennessee

    Tennessee state agency help with the down payment and closing costs alongside the Great Choice mortgage: $6,000 or $10,000 forgivable over 10 years with no payments, or up to 5% of the price (maximum $15,000) as a 30-year second mortgage. Offered by Tennessee Housing Development Agency (THDA).

    ForgivableRepayable

    See the program Official page

Housing counselors near Ripley

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

  • West Tennessee Legal Services, Incorporated

    210 West Main Street, Jackson · 41 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 8 more
    731-423-0616-1250

  • West Tennessee Legal Services, Inc.

    210 W Main St, Jackson · 41 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 8 more
    (731) 423-0616

  • Frayser Community Development Corporation

    3684 N Watkins St, Memphis · 44 miles away

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 6 more
    (901) 354-9401

All counseling agencies in Tennessee

Help in Spanish near Ripley

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 Ripley

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

All housing agencies in Tennessee Source: HUD

Cities

Nearby cities

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

Everything about Lauderdale County Housing in Tennessee

Neighboring counties

If Lauderdale 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 Ripley.

All guides
A mother smiles as she carries her young daughter on her shoulders (black and white).

Questions

Housing questions about Ripley

Short answers with the numbers for Ripley and all of Lauderdale 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 Ripley?

The typical home value in Ripley is $154,900, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Lauderdale County it is $143,200.

How much does it cost to rent in Ripley?

Typical rent in Ripley is $800 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Lauderdale County is $995.

What is the FHA loan limit in Ripley?

Ripley uses the FHA limit for all of Lauderdale 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 Ripley?

The typical homeowner in Ripley pays $1,171 a year, according to the U.S. Census Bureau. That is 0.76% of the home’s value; in Lauderdale County, the rate is 0.59%.

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

We found no HUD-approved counseling agencies with an office in Lauderdale County; the nearest ones are on this page. 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).