Horn Lake, MS Rental Market Trends
Highlights
The average rent for an apartment in Horn Lake is $960, a 4% increase compared to the previous year, when the average rent was $926.
Average Rent in Horn Lake, MS
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $960 | 4% | 1,079 sq. ft. |
The average size for a Horn Lake, MS apartment is 1,079 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Horn Lake, MS Apartment Rent Ranges
- $701-$1,00064%
- $1,001-$1,50036%
Horn Lake, MS Occupied Housing Units
- Renter-occupied Households32%
- Owner-occupied Households67%
3,031 or 32% of the households in Horn Lake, MS are renter-occupied while 6,395 or 67% are owner-occupied.
Horn Lake, MS Rent Trends
| Average Rent | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Jan / 2020 |
|---|---|---|---|---|---|---|---|---|---|
| Horn Lake, MS | $854 | $881 | $889 | $933 | $933 | $926 | $947 | $948 | $960 |
| National | $1,347 | $1,379 | $1,381 | $1,384 | $1,420 | $1,429 | $1,433 | $1,469 |
How Horn Lake Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Memphis | $815 | 4% |
| Jackson | $797 | 3% |
| Southaven | $944 | 5% |
| Olive Branch | $984 | 3% |
| Ridgeland | $942 | 2% |
| Flowood | $1,058 | 3% |
| Marion | $726 | 4% |
| Horn Lake | $960 | 4% |
| Handy Corner | $984 | 3% |
| Hernando | $1,082 | 4% |
| Germantown | $1,563 | 4% |
For more information about the Horn Lake rental trends, check out our monthly rent report
Check out Mississippi Cities, Mississippi Neighborhoods and Mississippi Zip Codes for more details on verified listings, including the Mississippi Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!