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Rental Market Trends in Southaven, MS

What is the average rent in Southaven, MS?

$1,350/month

Average Rent

809 Sq Ft

Average Apartment Size

+1.6%

Increase in the Last Year

As of June 2026, the average rent in Southaven, MS is $1,350 per month. This is 18% lower than the national average rent of $1,644/month, making renting in Southaven more affordable than most cities in the US. When you rent an apartment in Southaven, you can expect to pay about per month for a studio, $1,350 for a one-bedroom apartment, and around $1,512 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,626 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,350/month
809 Sq Ft
Two Bedroom
$1,512/month
1,053 Sq Ft
Three Bedroom
$1,626/month
1,242 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$1,809/month
1,433 Sq Ft
Four Bedroom
$2,129/month
1,913 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 Southaven, MS?

In the past year, rent has increased by 1.6%, which averages out to $22 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 June 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Southaven, MS
Last Updated June 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Southaven, MS
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
57% $1,001 - $1,500/month
43% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Southaven is $1,350, you’ll want to make about $4,500 per month or $54,000 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

Southaven, MS

311 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Southaven, 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 Southaven, MS

Apartment Averages

Nearby City Rent Trends

  • Memphis Average Rent

Apartment communities in Southaven we think you'll love

Civic Center West Apartments

Civic Center West Apartments

4740 Highway 51 N,
Southaven, MS 38671

$1,189 - $1,725

1-3 Beds

Civic Center East Apartments

Civic Center East Apartments

4744 W.E. Ross Pky,
Southaven, MS 38671

$1,295 - $1,901

1-3 Beds

The Luxe of Southaven

The Luxe of Southaven

5905 Airways Blvd,
Southaven, MS 38671

$1,099 - $1,475

1-3 Beds

Hamilton at Turman Farms Apartments

Hamilton at Turman Farms Apartments

4375 Highway 51 N,
Southaven, MS 38671

$1,257 - $1,662

1-3 Beds

Property Management Companies in Southaven, MS

BEZTAK Properties
BEZTAK Properties
  • 83

    Communities

  • 22,085

    Units

  • 49

    Cities

2 Communities in Southaven
Kushner Companies
Kushner Companies
  • 64

    Communities

  • 22,172

    Units

  • 47

    Cities

2 Communities in Southaven
Sandhurst Apartment Management
Sandhurst Apartment Management
  • 46

    Communities

  • 11,296

    Units

  • 34

    Cities

2 Communities in Southaven
Makowsky Ringel Greenberg
Makowsky Ringel Greenberg
  • 14

    Communities

  • 2,833

    Units

  • 4

    Cities

2 Communities in Southaven

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United States Mississippi Southaven 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 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity