The Westerly
3545 Mitchell Rd,
Tupelo, MS 38801
1-3 Beds | $1,200 - $1,445
Rental Market Trends in Tupelo, MS
Updated July 2026
The average rent in Tupelo, MS is $892/month.
Rent in Tupelo is 46% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.
$892/month
Average Rent
664 Sq Ft
Average Size
+1.7%
Change / Year
143
Available Apartments
Tupelo rent varies by unit size and layout:
- Studio apartments in Tupelo average per month.
- One-bedroom apartments in Tupelo average $892 per month.
- Two-bedroom apartments in Tupelo average $1,024 per month.
- Three-bedroom apartments in Tupelo average $1,156 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Tupelo, MS?
In the past year, rent has increased by 1.7%, which averages out to $16 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Tupelo, MS
July 2026
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
10%
Below $700/month
55%
$700 - $1,000/month
30%
$1,001 - $1,500/month
5%
$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 $892, you’ll want to make about $2,973 per month or $35,676 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 21.1% lower than the national average. Generally, housing in Tupelo is 37.7% less expensive than the national average, with rent falling between $0 - $1,156. You can expect to pay 6.6% less for groceries, 15.6% less for utilities, and 12.1% less for transportation.
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.
View the Tupelo Area GuideApartment Communities in Tupelo We Think You'll Love
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Frequently Asked Questions
What is the average rent in Tupelo?
The average rent in Tupelo is $892 per month, which is 46.4% lower than the national average of $1,663.
What is the average rent for a house in Tupelo?
The average rent for a house in Tupelo, MS is $1,597 per month.
Are rents going up or down in Tupelo?
Rents in Tupelo, MS are increasing, with prices up 1.7% year-over-year and $16 more per month.
What rent range is most common in Tupelo?
In Tupelo, MS, 55% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.
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.