Mississippi Rent Trends (2026)

Stable

Mississippi remains the most affordable with minimal growth

+2%
Year-over-Year
+8%
5-Year Change
$1,140
Current Avg 2BR
$1,163
Projected 2027

Mississippi Market Outlook: Stable

Mississippi's rental market remains stable with minimal increases. Jackson, the largest metro, has seen some recent growth, but overall the state maintains very low prices.

Expect relatively stable rent prices

Key Factors

  • Cost of Living Index: 84 (below national avg)
  • Housing Index: 68
  • Metro Areas Tracked: 1
  • Rent Range: $1,140 - $1,140

Mississippi Rent History & Projections

2021 (Est.)
$1,056
5 years ago
2026 (Current)
$1,140
today
2027 (Proj.)
$1,163
+2%
2031 (Proj.)
$1,259
if trend continues

Note: Projections are estimates based on current trends and may vary based on economic conditions, policy changes, and market dynamics. Past performance does not guarantee future results.

Mississippi Cost of Living Breakdown

The most affordable state overall

84
Overall Index
68
Housing
97
Utilities
93
Groceries
90
Transportation

Index values: 100 = national average. Below 100 = cheaper than average. Above 100 = more expensive.

Mississippi Metro Areas by Rent

Compare rent across 1 Mississippi cities

CityStudio1 Bed2 Bed3 Bedvs State Avg
Jackson, MS$808$950$1,140$1,4730%

Tips for Mississippi Renters

Build Landlord Relationships

In stable markets, good tenant-landlord relationships can lead to minimal rent increases and better treatment over time.

Plan for Modest Increases

Even in stable markets, expect 2-4% annual increases. Budget accordingly and maintain good payment history for negotiating power.

Consider Alternatives

Mississippi's cheapest city (Jackson) offers 2BR at $1,140/mo vs $1,140/mo in Jackson.

Factor in Total Costs

Remember that Mississippi's cost of living index is 84. Lower rent plus lower overall costs means more purchasing power.