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Census Bureau · 2024 ACS 1-year

Average rent in Mississippi

The median rent in Mississippi is $990 a month (Census ACS 2024), 33% lower than the U.S. median of $1,487. You need about $39,600 a year to afford it.

Median rent
$990
a month, 2024
Change in a year
+10.2%
from $898
Income needed
$39,600
a year, 30% rule
Rank
5 of 51
1 = lowest rent

Monthly basics in Mississippi

CostA monthSource
Rent (median, with utilities paid by renter)$990Census ACS 2024
Electricity bill (average home)$167EIA, August 2026
Car insurance, full coverage$186Insurify, Oct 8, 2026
Gas for 1,000 miles$141AAA, Oct 24, 2026
These together$1,484our calculation

Each line is a state average from a different source and date, so treat the total as a rough guide. Electricity is often already counted in gross rent when the renter pays it, so the total can double-count it. Gas for 1,000 miles assumes 27.2 mpg (EPA average new vehicle).

StateMedian rentIncome neededRank
Iowa$981$39,2403
Arkansas$982$39,2804
Mississippi$990$39,6005
Kentucky$998$39,9206
Wyoming$998$39,9207
U.S. median$1,487$59,480-

Source: U.S. Census Bureau, American Community Survey, median gross rent (B25064), 2024 ACS 1-year, as republished in the Kansas Statistical Abstract (University of Kansas). Year-earlier: 2023 ACS 1-year, State of Hawaii Data Book. Gross rent = rent plus utilities and fuels paid by the renter. Income needed = rent × 12 ÷ 30% (our calculation). Asking rents for listings today are usually higher than this all-renter median.

Plan around it

See what a salary in Mississippi leaves you after tax with our Mississippi take-home pay calculator, then split it with the 50/30/20 budget calculator. Thinking of buying instead? Try the rent vs buy calculator.

Common questions

What is the average rent in Mississippi?

The median gross rent in Mississippi was $990 a month in 2024, per the Census Bureau's American Community Survey. That ranks 5 of 51 (1 = lowest). A year earlier it was $898.

How much do you need to make to afford rent in Mississippi?

About $39,600 a year before tax, so the median rent of $990 is 30% of income, a common rule of thumb (our calculation).

Is rent in Mississippi going up?

Median rent rose 10.2% in a year, from $898 to $990 (Census ACS, our calculation). Survey figures for a single year have a margin of error, so small changes may not be meaningful.