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Rental Market Trends in Richland, MS

What is the average rent in Richland, MS?

$1,054/month

Average Rent

737 Sq Ft

Average Apartment Size

+0.7%

Increase in the Last Year

As of January 2026, the average rent in Richland, MS is $1,054 per month. This is 35% lower than the national average rent of $1,624/month, making renting in Richland more affordable than most cities in the US. When you rent an apartment in Richland, you can expect to pay about per month for a studio, $1,054 for a one-bedroom apartment, and around $1,366 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,357 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,054/month
737 Sq Ft
Two Bedroom
$1,366/month
1,001 Sq Ft
Three Bedroom
$1,357/month
1,138 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$1,617/month
1,173 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 Richland, MS?

In the past year, rent has increased by 0.7%, which averages out to $8 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 January 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Richland, MS
Last Updated January 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Richland, MS
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
100% $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 Richland, MS?

Because the average rent in Richland is $1,054, you’ll want to make about $3,513 per month or $42,156 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

Richland, MS

58 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Richland, 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 Richland, MS

Apartment Averages

Apartment communities in Richland we think you'll love

The Park at Devonshire

The Park at Devonshire

100 Chapel Ridge Dr,
Richland, MS 39218

$1,220 - $1,630

1-4 Beds

Grand at Pearl Apartments

Grand at Pearl Apartments

200 Colony Park Dr,
Pearl, MS 39208

$1,372 - $1,820

1-3 Beds

Southwind

Southwind

260 Lowe Cir,
Richland, MS 39218

$1,180 - $1,630

1-3 Beds

224 Sylvan Dr

224 Sylvan Dr

224 Sylvan Dr,
Richland, MS 39218

$1,595

3 Beds

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United States Mississippi Richland 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 November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity