Apartments for rent in Fayette, MS

Fayette is a small town in Mississippi with a population of approximately 2,000. Young professionals account for a higher percentage of the population here (18%) than nationally (15%), making it a great place to set out on your own. Overall, the town's population, with an average age of just under 36, skews younger than most cities in Mississippi. By a small 54%-46% margin, homeowners are slightly more prevalent than renters in Fayette. With a relatively low average rent of $533/month in the town, renting remains an affordable option, particularly compared to other cities in Mississippi. Each month, renters in Fayette will pay around $254 less compared to the state average.

Compared to the Mississippi average, Fayette has a relatively large concentration of residents over the age of 25 with advanced degrees, as 6% have earned a Master's degree or a Doctoral degree. Furthermore, 2% have earned a Bachelor's degree. Education is the most common industry in Fayette, making up 5% of the population. Fayette workers earn an average annual income of almost $30K, less than the Mississippi average. The town's average income also falls below the national average ($73,345).

Fayette's average commute time ranks as one of the best in Mississippi at about 12 minutes, 2nd-quickest in the state. Many residents (15%) drive their car to work, while public transportation isn't used. Walking isn't a common method of commuting to work.