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Rental Market Trends in Olive Branch, MS

What is the average rent in Olive Branch, MS?

$1,393/month

Average Rent

810 Sq Ft

Average Apartment Size

+1.1%

Increase in the Last Year

As of August 2025, the average rent in Olive Branch, MS is $1,393 per month. This is 15% lower than the national average rent of $1,639/month, making renting in Olive Branch more affordable than most cities in the US. When you rent an apartment in Olive Branch, you can expect to pay about per month for a studio, $1,393 for a one-bedroom apartment, and around $1,521 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,770 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,393/month
810 Sq Ft
Two Bedroom
$1,521/month
1,066 Sq Ft
Three Bedroom
$1,770/month
1,255 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$1,873/month
1,530 Sq Ft
Four Bedroom
$2,227/month
1,839 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 Olive Branch, MS?

In the past year, rent has increased by 1.1%, which averages out to $15 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 August 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Olive Branch, MS
Last Updated August 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Olive Branch, MS
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
50% $1,001 - $1,500/month
50% $1,501 - $2,000/month
0% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Olive Branch?

Based on current rent prices, Pecan Ridge and Olive Ridge" are the most affordable neighborhoods in Olive Branch.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Pecan Ridge
$1,291/month
760 Sq Ft
Olive Ridge
$1,291/month
760 Sq Ft

What are the most expensive neighborhoods in Olive Branch?

Based on current rent prices, Pecan Ridge and Olive Ridge" are the most expensive neighborhoods in Olive Branch.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Pecan Ridge
$1,291/month
760 Sq Ft
Olive Ridge
$1,291/month
760 Sq Ft

Which Olive Branch neighborhoods have the most rentals available?

The neighborhoods in Olive Branch with the most apartments available are Pecan Ridge and Olive Ridge" .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Pecan Ridge
$1,291/month
760 Sq Ft
Olive Ridge
$1,291/month
760 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Olive Branch is $1,393, you’ll want to make about $4,643 per month or $55,716 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

Olive Branch, MS

188 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Olive Branch, 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 Olive Branch, MS

Apartment Averages

Pecan Ridge

Olive Branch, MS

Pecan Ridge

Olive Branch, MS

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Search
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Nearby City Rent Trends

  • Germantown Average Rent
  • Southaven Average Rent
  • Collierville Average Rent
  • Horn Lake Average Rent
  • Memphis Average Rent
  • Cordova Average Rent

Apartment communities in Olive Branch we think you'll love

Annandale Gardens Apartments

Annandale Gardens Apartments

10862 Nichols Blvd,
Olive Branch, MS 38654

$1,250 - $1,854

1-3 Beds

The Vineyard of Olive Branch Apartment Homes

The Vineyard of Olive Branch Apartment Homes

9400 Goodman Rd,
Olive Branch, MS 38654

$1,450 - $2,751

1-3 Beds

5311 Southbranch Cove

5311 Southbranch Cove

5311 Southbranch Cove,
Olive Branch, MS 38654

$1,800

2 Beds

7765 Whitten Point Cv

7765 Whitten Point Cv

7765 Whitten Point Cv,
Olive Branch, MS 38654

$2,750

4 Beds

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United States Mississippi Olive Branch 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