Rental Market Trends in Grenada, MS

Q: What is the average rent in Grenada, MS?

As of October 2025, the average rent in Grenada, MS was $725/month.

What is the average rent in Grenada, MS?

$725/month

Average Rent

646 Sq Ft

Average Apartment Size

+1.7%

Increase in the Last Year

As of October 2025, the average rent in Grenada, MS is $725 per month. This is 56% lower than the national average rent of $1,631/month, making renting in Grenada more affordable than most cities in the US. When you rent an apartment in Grenada, you can expect to pay about per month for a studio, $725 for a one-bedroom apartment, and around $784 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $892 or more.

Floor Plan Type

Average Rent

Average Sq Ft

One Bedroom

$725/month

646 Sq Ft

Two Bedroom

$784/month

778 Sq Ft

Three Bedroom

$892/month

1,023 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 Grenada, MS?

In the past year, rent has increased by 1.7%, which averages out to $12 more per month.

Percentage*

Rent Range

0% Below $700/month

100% $700 - $1,000/month

0% $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 Grenada, MS?

Because the average rent in Grenada is $725, you’ll want to make about $2,416 per month or $28,992 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.

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

Use the tool below to compare Grenada, 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 Grenada we think you'll love

Grenada Estates

138 Perry Rd,
Grenada, MS 38901

$807 - $1,150

2-3 Beds

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United States Mississippi Grenada 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 September 2025.

* Percentages may not total 100 due to rounding.