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Rental Market Trends in Waveland, MS

What is the average rent in Waveland, MS?

$815/month

Average Rent

749 Sq Ft

Average Apartment Size

+2%

Increase in the Last Year

As of March 2026, the average rent in Waveland, MS is $815 per month. This is 50% lower than the national average rent of $1,626/month, making renting in Waveland more affordable than most cities in the US. When you rent an apartment in Waveland, you can expect to pay about per month for a studio, $815 for a one-bedroom apartment, and around $885 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $955 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$815/month
749 Sq Ft
Two Bedroom
$885/month
929 Sq Ft
Three Bedroom
$955/month
1,150 Sq Ft
Floor Plan Type
Average Rent
Average 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 Waveland, MS?

In the past year, rent has increased by 2%, which averages out to $17 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 March 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Waveland, MS
Last Updated March 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Waveland, MS
Percentage*
Rent Range
0% Below $700/month
100% $700 - $1,000/month
0% $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 Waveland, MS?

Because the average rent in Waveland is $815, you’ll want to make about $2,716 per month or $32,592 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

Waveland, MS

10 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Waveland, 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 Waveland, MS

Apartment Averages

Nearby City Rent Trends

  • Bay Saint Louis Average Rent
  • Pass Christian Average Rent
  • Long Beach Average Rent

Apartment communities in Waveland we think you'll love

Bay Crossings Apartments

Bay Crossings Apartments

10 Bay Park Way,
Bay Saint Louis, MS 39520

$1,150

2-3 Beds

410 Old Spanish Trail

410 Old Spanish Trail

410 Old Spanish Trail,
Waveland, MS 39576

$1,275 Total Monthly Price

2 Beds

304 Tide St

304 Tide St

304 Tide St,
Waveland, MS 39576

$5,207

2 Beds

906 Shipp St

906 Shipp St

906 Shipp St,
Waveland, MS 39576

$1,795

2 Beds

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United States Mississippi Waveland 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 February 2026.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity