Average Rent In Mississippi For April 2020

By Chris Kolmar | HomeSnacks | Updated: 2020-04-21
$1,150
Average Rent
$0.783
Average $/sqft

What is the average rent in Mississippi?

According to the most recent data from Zillow, the average rent in Mississippi for April 2020 is $1,150. With an averge apartment size of 1,468 sqft, the average price per square foot in Mississippi is $0.783.

Compared to the national average of $1,650, Mississippi rent costs -30.3% less. Read our analysis of rents by state to see how Mississippi ranks.

Here's a look at how average rents have changed over time:

Cheapest Places To Live In Mississippi

How Does Mississippi Rent Compare To The Rest Of The Country?

StatisticMSUSA% Difference
Average Rent $1,150$1,650 -30.3%
Average $/sqft $0.783$1.135 -31.0%
M-o-M Change $-25$0 -inf%
Y-o-Y Change $0$5 -100.0%
M-o-M % Change -2.1%0.0% -
Y-o-Y % Change 0.0%0.3% -

Median Rent By Bedrooms In Mississippi

$984
Studio
$730
1-Bedroom
$845
2-Bedroom
$1,200
3-Bedroom
$1,595
4-Bedroom

As you would expect, the median price for rent in Mississippi increases as the number of bedrooms in the unit increases. Studios rent the cheapest in Mississippi clocking in at $984, while a four bedroom rental will set you back $1,595 per month.

We think the best deal comes in the form of a two bedroom for $845 per month, however, if you don't mind having roommates, the best option on a per room basis is a 4-bedroom rental for $398/room/month.

Read on to find out more or for more on Mississippi check out:

Month Over Month Mississippi Rent Statistics

$-25
M-o-M Increase
-2.1%
M-o-M Increase

Mississippi has experienced a $-25 change in rent over the past month going from $1,175 to $1,150. That change comes out to -2.1%.

For reference, the US national average rent changed $0 in the past month or 0.0%.

Here's a look at the month over month change for each month since 2010 for Mississippi:

Year Over Year Mississippi Rent Statistics

$0
Y-o-Y Increase
0.0%
Y-o-Y Increase

Over the past year, the average rent in Mississippi changed $0 from $1,150 to $1,150. A change of $0 means that rents changed 0.0% in a year.

That compares to the US national change of $5 in the past year or 0.3%.

Here's a look at the year over year change by month since 2011 for Mississippi:

The 10 Places With The Highest Rent In Mississippi

Madison, MS

Population: 25,350
Median Rent: $1,522
More on Madison: Real Estate | Data | Photos

Population: 11,660
Median Rent: $1,198
More on Byram: Real Estate | Data

Olive Branch, MS

Population: 36,033
Median Rent: $1,187
More on Olive Branch: Real Estate | Data | Photos

Flowood, MS

Population: 8,704
Median Rent: $1,118
More on Flowood: Real Estate | Data | Photos

Horn Lake, MS

Population: 26,804
Median Rent: $1,070
More on Horn Lake: Real Estate | Data | Photos

Ridgeland, MS

Population: 24,312
Median Rent: $1,062
More on Ridgeland: Real Estate | Data | Photos

Diamondhead, MS
Source: Public domain

Population: 8,200
Median Rent: $1,058
More on Diamondhead: Real Estate | Data | Photos

Long Beach, MS

Population: 15,446
Median Rent: $1,055
More on Long Beach: Real Estate | Data | Photos

Hernando, MS

Population: 15,534
Median Rent: $1,047
More on Hernando: Real Estate | Data | Photos

Southaven, MS

Population: 52,434
Median Rent: $1,044
More on Southaven: Real Estate | Data | Photos

Learn More About Living In Mississippi

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn.

Average Rent By State

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