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Rental Market Trends in Cleveland, MS

What is the average rent in Cleveland, MS?

$550/month

Average Rent

746 Sq Ft

Average Apartment Size

+1.7%

Increase in the Last Year

As of July 2025, the average rent in Cleveland, MS is $550 per month. This is 66% lower than the national average rent of $1,637/month, making renting in Cleveland more affordable than most cities in the US. When you rent an apartment in Cleveland, you can expect to pay about per month for a studio, $550 for a one-bedroom apartment, and around $789 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,074 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$550/month
746 Sq Ft
Two Bedroom
$789/month
985 Sq Ft
Three Bedroom
$1,074/month
1,349 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Cleveland, MS?

In the past year, rent has increased by 1.7%, which averages out to $10 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Cleveland, MS
Last Updated July 2025
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Cleveland, MS
Percentage*
Rent Range
0% Below $700/month
75% $700 - $1,000/month
25% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Cleveland, MS?

Because the average rent in Cleveland is $550, you’ll want to make about $1,833 per month or $21,996 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Cleveland, MS

25 Available Apartments for Rent

Search for Nearby Apartments

How does Cleveland, MS compare to other nearby cities and neighborhoods?

Use the tool below to compare Cleveland, MS to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

Apartment communities in Cleveland we think you'll love

Sunset Village Apartments

Sunset Village Apartments

900 White St,
Cleveland, MS 38732

1-4 Beds | $710 - $950

1109 North Yale Street

1109 North Yale Street

1109 North Yale Street,
Cleveland, MS 38732

1 Bed | $675

620 N Bayou Ave

620 N Bayou Ave

620 N Bayou Ave,
Cleveland, MS 38732

1 Bed | $699

618 N Bayou Ave

618 N Bayou Ave

618 N Bayou Ave,
Cleveland, MS 38732

1 Bed | $699

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United States Mississippi Cleveland Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity