Rental Market Trends in Mississippi
$1,004/month
Average Rent
+2.9%
Increase in the Last Year
+$28
Average Price Increase
Ranked 7th
Least Expensive Rent by State
7,029
Available Rentals
Greenville, MS
City with the Lowest Rent
What is the average rent in Mississippi?
As of January 2026, the average rent in Mississippi is $1,004/month. When you rent an apartment in Mississippi, you can expect some variability depending on the region. For instance, metropolitan areas may have higher rents than smaller towns and rural areas. In general, you can expect to pay about $940 per month for a studio, $1,004 for a one-bedroom apartment, and around $1,163 for a two-bedroom apartment in Mississippi. If you opt for a three-bedroom rental, you could pay $1,388 or more.
Rent by City
What are the most affordable cities in Mississippi?
Based on current rent prices, the cheapest cities in Mississippi to live are Greenville, Meridian and Tupelo.
What are the most expensive cities in Mississippi?
Based on current rent prices, the most expensive cities in Mississippi to live are Olive Branch, Oxford and Southaven.
Nearby State Markets
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Methodology
† 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.
State graphics provided by ProPublica
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