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Rental Market Trends in Tupelo, MS

What is the average rent in Tupelo, MS?

$866/month

Average Rent

664 Sq Ft

Average Apartment Size

+3.4%

Increase in the Last Year

As of October 2025, the average rent in Tupelo, MS is $866 per month. This is 47% lower than the national average rent of $1,631/month, making renting in Tupelo more affordable than most cities in the US. When you rent an apartment in Tupelo, you can expect to pay about per month for a studio, $866 for a one-bedroom apartment, and around $1,001 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,151 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$866/month
664 Sq Ft
Two Bedroom
$1,001/month
1,016 Sq Ft
Three Bedroom
$1,151/month
1,260 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$1,577/month
1,193 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 Tupelo, MS?

In the past year, rent has increased by 3.4%, which averages out to $30 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 October 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Tupelo, MS
Last Updated October 2025
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Tupelo, MS
Percentage*
Rent Range
10% Below $700/month
60% $700 - $1,000/month
30% $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 Tupelo, MS?

Because the average rent in Tupelo is $866, you’ll want to make about $2,886 per month or $34,632 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.

Cost of Living

The cost of living in Tupelo, MS is 17.9% lower than the national average. Generally, housing in Tupelo is 32.9% less expensive than the national average, with rent falling between $0 - $1,151. You can expect to pay 5.2% less for groceries, 16.3% less for utilities, and 9.9% less for transportation.

City

Tupelo, MS

111 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Tupelo, 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 Tupelo, MS

Apartment Averages

Nearby City Rent Trends

  • Belden Average Rent

Apartment communities in Tupelo we think you'll love

Pines at Barnes Crossing

Pines at Barnes Crossing

4100 N Gloster St,
Tupelo, MS 38804

$1,080 - $1,225

1-3 Beds

The Westerly

The Westerly

3545 Mitchell Rd,
Tupelo, MS 38801

$1,150 - $1,395

1-3 Beds

Trace Ridge

Trace Ridge

4348 N Gloster St,
Tupelo, MS 38804

$954 - $1,147

1-3 Beds

The Meadows on Main

The Meadows on Main

2700 W Main St,
Tupelo, MS 38801

$925 - $1,200

1-3 Beds

Property Management Companies in Tupelo, MS

Elmington Capital
Elmington Capital
  • 143

    Communities

  • 23,346

    Units

  • 73

    Cities

4 Communities in Tupelo
Kirkland Properties
Kirkland Properties
  • 13

    Communities

  • 1,677

    Units

  • 8

    Cities

3 Communities in Tupelo
MRD
MRD
  • 75

    Communities

  • 10,653

    Units

  • 65

    Cities

1 Community in Tupelo
Sunridge Management Group Inc
Sunridge Management Group Inc
  • 79

    Communities

  • 14,399

    Units

  • 58

    Cities

1 Community in Tupelo

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United States Mississippi Tupelo 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 September 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity