GITNUX MARKETDATA REPORT 2024

Statistics About The Average Rent In Mississippi

The average rent in Mississippi is around $850 per month, with variations based on location and housing type.

In this post, we will explore the average rent landscape in Mississippi based on a series of statistics. From the influence of rental vacancy rates on prices to specific figures for different cities and property types, we will provide a detailed overview of the rental market in the state. Stay tuned to learn more about how factors like location, income allocation, and regional dynamics shape the cost of renting in Mississippi.

Statistic 1

"Rental vacancy rates in Mississippi are around 7%, which slightly affects average rent prices."

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Statistic 2

"As of 2022, the average rent for a two-bedroom apartment in Mississippi stands at $850."

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Statistic 3

"Rural areas in Mississippi have average rents significantly lower than urban areas, often under $600 for a one-bedroom apartment."

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Statistic 4

"Hattiesburg, MS, has an average rent of about $770 for a one-bedroom apartment."

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Statistic 5

"Mississippi has one of the lowest average rent prices in the United States."

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Statistic 6

"Mississippi's average rent is lower than the neighboring states of Louisiana and Alabama."

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Statistic 7

"The average rent in Mississippi is influenced by factors such as infrastructure, amenities, and job market."

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Statistic 8

"Rental prices in Mississippi vary widely depending on the city and proximity to urban centers."

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Statistic 9

"Renters in Mississippi spend about 30% of their income on rent, which is slightly below the national average."

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Statistic 10

"In Gulfport, MS, the average rent for a one-bedroom apartment is around $750."

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Statistic 11

"Starkville, home to Mississippi State University, has an average rent around $800 for a one-bedroom apartment."

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Statistic 12

"Historically, Mississippi's rent prices have been more stable compared to the national average."

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Statistic 13

"The average rent in Jackson, MS, which is the state capital, is about $900."

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Statistic 14

"The average rent for a three-bedroom house in Mississippi is approximately $1,100."

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Statistic 15

"The average rent in Biloxi, MS, for a one-bedroom is approximately $800."

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Statistic 16

"The average rent for a one-bedroom apartment in Mississippi is approximately $700 per month."

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Statistic 17

"Average studio apartment rent in Mississippi is around $650."

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Statistic 18

"The average cost of rent in Mississippi saw a 2% increase in the last year."

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Statistic 19

"The cost of living in Mississippi is lower than the national average, with rent being a significant factor."

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Statistic 20

"20% of Mississippi residents are renters."

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In conclusion, the average rent in Mississippi is relatively affordable compared to many other states, with rural areas generally having lower rental prices than urban centers. Factors such as vacancy rates, location, and proximity to amenities play significant roles in determining rent prices across the state. Renters in Mississippi allocate a reasonable portion of their income towards housing costs, slightly below the national average. Despite a slight increase in rent prices in recent years, Mississippi continues to offer competitive rental rates, making it an attractive option for residents seeking affordable housing options.

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