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Rental Market Trends in Southaven, MS

Updated July 2026

The average rent in Southaven, MS is $1,368/month.

Rent in Southaven is 18% lower than the national average rent of $1,662/month, making this one of the less expensive cities statewide.

$1,368/month

Average Rent

809 Sq Ft

Average Size

+4.2%

Change / Year

318

Available Apartments

Southaven rent varies by unit size and layout:

  • Studio apartments in Southaven average per month.
  • One-bedroom apartments in Southaven average $1,368 per month.
  • Two-bedroom apartments in Southaven average $1,504 per month.
  • Three-bedroom apartments in Southaven average $1,624 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,368/month
809 Sq Ft
Two Bedroom
$1,504/month
1,057 Sq Ft
Three Bedroom
$1,624/month
1,238 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$1,733/month
1,387 Sq Ft
Four Bedroom
$2,069/month
1,943 Sq Ft
View Southaven Apartments

How much has average rent changed in Southaven, MS?

In the past year, rent has increased by 4.2%, which averages out to $58 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Southaven, MS

July 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
50% $1,001 - $1,500/month
50% $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 $1,368, you’ll want to make about $4,560 per month or $54,720 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

318 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.

View the Southaven Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Horn Lake

    Horn Lake

  • Hernando

    Hernando

  • Walls

    Walls

  • Olive Branch

    Olive Branch

  • Memphis

    Memphis

  • Germantown

    Germantown

  • West Memphis

    West Memphis

Apartment Communities in Southaven We Think You'll Love

Civic Center West Apartments

Civic Center West Apartments

4740 Highway 51 N,
Southaven, MS 38671

1-3 Beds | $1,224 - $1,851

Southaven Pointe Apartments

Southaven Pointe Apartments

5186 Church Lake Dr,
Southaven, MS 38671

1-3 Beds | $1,253 - $1,583

North Creek Apartments

North Creek Apartments

8786 N Creek Blvd,
Southaven, MS 38671

1-3 Beds | $1,189 - $1,683

Civic Center East Apartments

Civic Center East Apartments

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

1-3 Beds | $1,321 - $1,780

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Frequently Asked Questions

What is the average rent in Southaven?

The average rent in Southaven is $1,368 per month, which is 17.7% lower than the national average of $1,662.

What is the average rent for a house in Southaven?

The average rent for a house in Southaven, MS is $1,733 per month.

Are rents going up or down in Southaven?

Rents in Southaven, MS are increasing, with prices up 4.2% year-over-year and $58 more per month.

What rent range is most common in Southaven?

In Southaven, MS, 50% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

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

© 2026 CoStar Group, Inc.

Equal Housing Opportunity