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Rental Market Trends in Laurel, MS

What is the average rent in Laurel, MS?

$791/month

Average Rent

727 Sq Ft

Average Apartment Size

+3.3%

Increase in the Last Year

As of May 2025, the average rent in Laurel, MS is $791 per month. This is 51% lower than the national average rent of $1,625/month, making renting in Laurel more affordable than most cities in the US. When you rent an apartment in Laurel, you can expect to pay about $493 per month for a studio, $791 for a one-bedroom apartment, and around $907 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $979 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$493/month
483 Sq Ft
One Bedroom
$791/month
727 Sq Ft
Two Bedroom
$907/month
970 Sq Ft
Three Bedroom
$979/month
1,100 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 Laurel, MS?

In the past year, rent has increased by 3.3%, which averages out to $26 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 May 2025
Legend
2024 2025
Market Trends Over Time

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

Because the average rent in Laurel is $791, you’ll want to make about $2,636 per month or $31,632 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

Laurel, MS

52 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Laurel, 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.

Explore the Area Guide for Laurel, MS

Apartment Averages

Apartment communities in Laurel we think you'll love

Laurelwood Apartment Homes

Laurelwood Apartment Homes

3017 Old Amy Rd,
Laurel, MS 39440

1-3 Beds | $1,245 - $1,714

Normandy Manor Apartments

Normandy Manor Apartments

1441 Thomas Dr,
Laurel, MS 39440

1-2 Beds | $600 - $700

Northgate Apartments

Northgate Apartments

1200 Myrtle Dr,
Laurel, MS 39440

1-2 Beds | $600 - $950

Westhill Apartments

Westhill Apartments

1933 W 10th St,
Laurel, MS 39440

1-2 Beds | $695 - $925

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United States Mississippi Laurel 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 February 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity