Rental Markets in Mississippi

DoorBase tracks rental market data across Mississippi by ZIP code. This state page is a crawlable index for investors comparing rents, cap-rate estimates, vacancy, demographics, home values, renter share, household income, and employment conditions before drilling into individual ZIP pages.

Mississippi Rental Market Overview

The current sample of indexable Mississippi ZIP markets shows average median rent of $1,196, average median home value of $194,730, average cap-rate high of 6.0%, average vacancy of 13.8%, renter ratio near 32.7%, and median household income around $57,130. These statewide figures are directional and should be used to compare markets before reviewing a specific ZIP code.

Mississippi is not one rental market. Large cities, inner suburbs, commuter towns, college markets, rural counties, resort areas, and industrial corridors can produce very different rent levels and ownership economics. DoorBase keeps the canonical content at the ZIP level so investors can move from a broad state view into the most precise local data available.

Featured Mississippi ZIP Markets

ZIP	City	Rent	Cap Rate	Vacancy	Population
38654	Olive Branch	$1,853	3.2-4.8%	3.2%	57,334
39503	Gulfport	$1,622	4.2-5.8%	8.6%	54,230
39110	Madison	$2,333	3.3-4.9%	5.2%	47,717
38655	Oxford	$2,052	2.7-4.3%	35.2%	45,377
39402	Hattiesburg	$1,428	2.9-4.5%	7.4%	43,756
39759	Starkville	$1,433	2.8-4.4%	16.2%	42,782
39564	Ocean Springs	$1,647	3.6-5.2%	4.1%	42,295
39401	Hattiesburg	$1,115	4.8-6.4%	13.3%	41,916
39047	Canton	$1,891	3.8-5.4%	6.2%	40,866
39042	Brandon	$1,712	3.5-5.1%	4.9%	37,906
38671	Southaven	$1,499	3.8-5.4%	8.8%	37,070
39532	Biloxi	$1,430	2.9-4.5%	8.6%	36,710
39208	Pearl	$1,553	4.3-5.9%	6.2%	34,604
38632	Hernando	$2,202	3.8-5.4%	6.5%	30,824
38801	Tupelo	$1,371	4-5.6%	15.8%	29,817
39180	Vicksburg	$840	3.3-4.9%	19.9%	29,311
39120	Natchez	$720	3.7-5.3%	21.8%	29,212
39046	Canton	$1,884	5-6.6%	9.5%	29,160
39452	Lucedale	$867	2.1-3.7%	11.8%	28,891
39466	Picayune	$1,200	3.6-5.2%	15.5%	28,292
39056	Clinton	$1,724	4.4-6%	8.5%	27,307
38834	Corinth	$730	2.1-3.7%	12.5%	27,146
39212	Jackson	$1,234	8.8-10.4%	17.3%	26,899
38637	Horn Lake	$1,501	4.5-6.1%	8.5%	26,622
39209	Jackson	$1,116	16.6-18.2%	18.1%	26,514
39157	Ridgeland	$1,450	2.8-4.4%	9.1%	24,547
39211	Jackson	$1,486	4.2-5.8%	9.6%	24,185
39350	Philadelphia	$740	3-4.6%	14.2%	23,949
39601	Brookhaven	$772	2.6-4.2%	17.3%	23,748
39702	Columbus	$1,316	4.5-6.1%	11.5%	23,536
38930	Greenwood	$694	5.1-6.7%	18.6%	23,326
39501	Gulfport	$1,192	6.7-8.3%	16.9%	23,178
39465	Petal	$1,388	3.6-5.2%	10.6%	23,122
39443	Laurel	$742	2.4-4%	14.8%	22,932
39305	Meridian	$1,060	3.2-4.8%	8.6%	21,878
39206	Jackson	$1,377	8-9.6%	12.8%	21,878
39073	Florence	$886	1.7-3.3%	11%	21,626
38701	Greenville	$790	8.5-10.1%	18.8%	21,260
39301	Meridian	$1,774	12.2-13.8%	20.1%	21,184
39565	Vancleave	$1,112	2.1-3.7%	7.1%	20,692
39440	Laurel	$1,271	8.2-9.8%	15.1%	20,111
39648	McComb	$1,216	8.1-9.7%	21.9%	19,767
39194	Yazoo City	$789	5.8-7.4%	14.3%	19,699
39531	Biloxi	$1,266	3.7-5.3%	18.4%	19,045
38863	Pontotoc	$882	2.2-3.8%	16%	18,849
39213	Jackson	$1,121	15.8-17.4%	18.9%	18,831
39560	Long Beach	$1,400	3.4-5%	13.1%	18,505
38829	Booneville	$629	2.3-3.9%	13.7%	18,036
38901	Grenada	$811	3.6-5.2%	16.6%	17,887
39553	Gautier	$1,441	4.7-6.3%	12.4%	17,644
39426	Carriere	$848	1.6-3.2%	10.3%	17,555
39507	Gulfport	$1,372	3.9-5.5%	16.1%	17,512
39562	Moss Point	$976	2.6-4.2%	9.3%	17,142
38804	Tupelo	$1,317	3.8-5.4%	14.1%	16,920
38611	Byhalia	$1,185	2.3-3.9%	14.1%	16,751
38732	Cleveland	$776	3.2-4.8%	11.1%	16,735
39429	Columbia	$585	2.2-3.8%	16.5%	16,583
38614	Clarksdale	$762	10.8-12.4%	16.3%	16,384
38672	Southaven	$2,298	4.2-5.8%	8.3%	15,899
39307	Meridian	$814	8.4-10%	16.9%	15,636

Notable ZIP Markets in This Sample

The highest estimated cap-rate band in this sample tops out at 18.2% in ZIP 39209 (Jackson).

The lowest vacancy in this sample is 3.2% in ZIP 38654 (Olive Branch).

The highest median rent in this sample is $2,333 in ZIP 39110 (Madison).

The highest median household income in this sample is $122,955 in ZIP 39110 (Madison).

Rental Markets by City

Jackson

Jackson has 6 ZIP codes in this sample. Median rents range from $1,064 to $1,486. Estimated cap-rate bands reach up to 18.2% at the high end. Vacancy averages 17.0%. See ZIP 39212 for the full market profile.

Gulfport

Gulfport has 3 ZIP codes in this sample. Median rents range from $1,192 to $1,622. Estimated cap-rate bands reach up to 8.3% at the high end. Vacancy averages 13.9%. See ZIP 39503 for the full market profile.

Meridian

Meridian has 3 ZIP codes in this sample. Median rents range from $814 to $1,774. Estimated cap-rate bands reach up to 13.8% at the high end. Vacancy averages 15.2%. See ZIP 39305 for the full market profile.

Hattiesburg

Hattiesburg has 2 ZIP codes in this sample. Median rents range from $1,115 to $1,428. Estimated cap-rate bands reach up to 6.4% at the high end. Vacancy averages 10.4%. See ZIP 39402 for the full market profile.

Canton

Canton has 2 ZIP codes in this sample. Median rents range from $1,884 to $1,891. Estimated cap-rate bands reach up to 6.6% at the high end. Vacancy averages 7.8%. See ZIP 39047 for the full market profile.

Biloxi

Biloxi has 2 ZIP codes in this sample. Median rents range from $1,266 to $1,430. Estimated cap-rate bands reach up to 5.3% at the high end. Vacancy averages 13.5%. See ZIP 39532 for the full market profile.

Southaven

Southaven has 2 ZIP codes in this sample. Median rents range from $1,499 to $2,298. Estimated cap-rate bands reach up to 5.8% at the high end. Vacancy averages 8.6%. See ZIP 38671 for the full market profile.

Tupelo

Tupelo has 2 ZIP codes in this sample. Median rents range from $1,317 to $1,371. Estimated cap-rate bands reach up to 5.6% at the high end. Vacancy averages 14.9%. See ZIP 38801 for the full market profile.

Laurel

Laurel has 2 ZIP codes in this sample. Median rents range from $742 to $1,271. Estimated cap-rate bands reach up to 9.8% at the high end. Vacancy averages 14.9%. See ZIP 39443 for the full market profile.

Vicksburg

Vicksburg has 2 ZIP codes in this sample. Median rents range from $840 to $852. Estimated cap-rate bands reach up to 4.9% at the high end. Vacancy averages 23.3%. See ZIP 39180 for the full market profile.

Columbus

Columbus has 2 ZIP codes in this sample. Median rents range from $1,177 to $1,316. Estimated cap-rate bands reach up to 8.7% at the high end. Vacancy averages 17.0%. See ZIP 39702 for the full market profile.

Olive Branch

Olive Branch has 1 ZIP code in this sample. Sample median rent is $1,853. Estimated cap-rate bands reach up to 4.8% at the high end. Vacancy averages 3.2%. See ZIP 38654 for the full market profile.

How to Use the Mississippi Directory

Start with the state page to understand the range of rental markets, then open individual ZIP pages for the numbers that matter most to underwriting. A state average can hide important local differences. One ZIP may have stronger rent growth and lower vacancy while a nearby ZIP has better purchase prices but weaker renter demand.

The most useful investor workflow is to compare rent, cap rate, vacancy, home value, renter ratio, household income, population growth, unemployment, and job growth together. No single number is enough. A high cap-rate estimate can be offset by weak income, high vacancy, or limited tenant demand. A lower cap-rate estimate can still make sense if the market has strong income, job growth, and durable renter demand.

State Coverage and Internal Links

This page links into the canonical ZIP URL structure, such as /rentals/ms/30318, without bringing back city parent pages. That structure keeps DoorBase clean for search engines: state pages organize the directory, ZIP pages hold the canonical data, and future market guides can exist separately as heavier editorial SEO hubs.

DoorBase currently tracks 80 sampled ZIP markets across 63 Mississippi cities in this crawlable state summary. The live React page may show a broader interactive directory after JavaScript loads, while this fallback body ensures crawlers receive meaningful text and links immediately.