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Rental Market Trends in Mississippi

$994/month

Average Rent

+3%

Increase in the Last Year

+$29

Average Price Increase

Ranked 7th

Least Expensive Rent by State

6,502

Available Rentals

Greenville, MS

City with the Lowest Rent

What is the average rent in Mississippi?

As of October 2025, the average rent in Mississippi is $994/month. When you rent an apartment in Mississippi, you can expect some variability depending on the region. For instance, metropolitan areas may have higher rents than smaller towns and rural areas. In general, you can expect to pay about $952 per month for a studio, $994 for a one-bedroom apartment, and around $1,151 for a two-bedroom apartment in Mississippi. If you opt for a three-bedroom rental, you could pay $1,377 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$952/month
499 Sq Ft
One Bedroom
$994/month
721 Sq Ft
Two Bedroom
$1,151/month
1,007 Sq Ft
Three Bedroom
$1,377/month
1,281 Sq Ft

Rent by City

Last Updated Today
  • Most Affordable
  • Most Expensive

What are the most affordable cities in Mississippi?

Based on current rent prices, the cheapest cities in Mississippi to live are Greenville, Meridian and Tupelo.

Calculate Rent Affordability
City
Average Rent
Average Sq Ft
Greenville
$814/month
750 Sq Ft
Meridian
$840/month
659 Sq Ft
Tupelo
$863/month
663 Sq Ft
Hattiesburg
$923/month
764 Sq Ft
Gulfport
$924/month
728 Sq Ft
Jackson
$928/month
667 Sq Ft
Biloxi
$1,028/month
794 Sq Ft
Clinton
$1,039/month
706 Sq Ft
Pearl
$1,074/month
805 Sq Ft
Horn Lake
$1,166/month
880 Sq Ft

What are the most expensive cities in Mississippi?

Based on current rent prices, the most expensive cities in Mississippi to live are Olive Branch, Southaven and Brandon.

Calculate Rent Affordability
City
Average Rent
Average Sq Ft
Olive Branch
$1,343/month
809 Sq Ft
Southaven
$1,319/month
804 Sq Ft
Brandon
$1,284/month
778 Sq Ft
Oxford
$1,244/month
649 Sq Ft
Horn Lake
$1,166/month
880 Sq Ft
Pearl
$1,074/month
805 Sq Ft
Clinton
$1,039/month
706 Sq Ft
Biloxi
$1,028/month
794 Sq Ft
Jackson
$928/month
667 Sq Ft
Gulfport
$924/month
728 Sq Ft
This information is based on data collected by CoStar Group researchers.†

State

Mississippi

6,502 Available Apartments for Rent

Search for Nearby Apartments

Nearby State Markets


Tennessee
$1,346/mo. avg.
-1% YOY
Alabama
$1,051/mo. avg.
-0.3% YOY
Louisiana
$1,056/mo. avg.
+1% YOY
Arkansas
$954/mo. avg.
+1.5% YOY

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US Rent Trends Mississippi

Methodology

† 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.


State graphics provided by ProPublica    Copyright (c) 2012, ProPublica

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Equal Housing Opportunity