Landlord Resources
How to Get a Loan for a Rental Property
Rental property loans differ from traditional mortgages, needing larger down payments, higher interest rates, and reserves, often disregarding projected rental income.
•11 min read
What to Know About
Living in Mississippi
Mississippi is where the past meets the present in a harmonious blend of rich history and cultural heritage. Immerse yourself in the state's cultural riches by visiting world-class museums like the Mississippi Museum of Art and the Biloxi Lighthouse. Elevate your mind and expand your horizons at universities like Ole Miss in Oxford and Mississippi State in Starkville. Mississippi is a dynamic destination for those seeking work and leisure and boasts a prosperous economy supported by agriculture, manufacturing, and healthcare.
The state offers a range of scenic experiences, from fishing in the Gulf of Mexico to hiking in the lush DeSoto National Forest and Natchez Trace Parkway. Sports fans can experience the excitement of college sports games at universities throughout the state. In addition, take advantage of iconic attractions like the Vicksburg National Military Park, historic Biloxi, the B.B. King Museum and Delta Interpretive Center, or the historic city of Natchez.
Embrace the Magnolia State and discover why Mississippi is a southern gem that shines bright. With its deep history and welcoming spirit, Mississippi is the perfect place to call home.
Rental Market Trends
Mississippi
As of June 2026, Mississippi's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Mississippi's average rent is 27.2% ($489) lower than the U.S. average of $1,797.
Average Rent
$1,308
Monthly ChangeMonth Over Month Change
0.2% ($2)
Yearly ChangeYear Over Year Change
6% ($74)
Avg. Days on MarketAverage Days on Market
34
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,089 | 0.8% ($9) | 6.8% ($69) |
| 2 Beds | $1,287 | 0.9% ($12) | 12.4% ($142) |
| 3 Beds | $1,644 | 2.3% ($39) | 7.5% ($115) |
| Top Markets in Mississippi | Average Rent | Avg. Rent vs. MSAverage Rent vs. Mississippi | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Jackson | $1,238 | 5.4% ($70) | 31 days |
| Oxford | $2,135 | 63.2% ($827) | 37 days |
| Gulfport | $1,236 | 5.5% ($72) | 27 days |
| Biloxi | $1,282 | 2% ($26) | 69 days |
| Hattiesburg | $1,064 | 18.7% ($244) | 78 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Mississippi Rental Market FAQs
Explore rental prices, market trends, and availability in Mississippi.
The average rent in Mississippi is $1,308 per month.
Apartments in Mississippi typically rent for between $762 and $2,137 per month, with an average of $1,308 per month.
In Mississippi, the average rent for a 1-bedroom apartment is $1,089 per month, for a 2-bedroom apartment, $1,287 per month, and a 3-bedroom apartment is $1,644 per month.
The average rent in Mississippi is 27.2% ($489) lower than the national average of $1,797 per month.
The average rent in Mississippi has decreased by 0.2% ($2) in the last month and increased by 6.0% ($74) over the past year.
The rental market in Mississippi, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Mississippi, the average rental stays on the market for approximately 34 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
Based on the current averages, a household would need an annual income of $51,480 to comfortably afford a 2-bedroom apartment in Mississippi.
