Southaven, MS Rental Market Trends
Highlights
The average rent for an apartment in Southaven is $1,062, a 13% increase compared to the previous year, when the average rent was $944.
Average Rent in Southaven, MS
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,062 | 13% | 984 sq. ft. |
The average size for a Southaven, MS apartment is 984 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.
Southaven, MS Apartment Rent Ranges
- $501-$7001%
- $701-$1,00026%
- $1,001-$1,50068%
- $1,501-$2,0005%
Southaven, MS Occupied Housing Units
- Renter-occupied Households28%
- Owner-occupied Households71%
5,500 or 28% of the households in Southaven, MS are renter-occupied while 13,674 or 71% are owner-occupied.
Southaven, MS Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Jan / 2021 |
|---|---|---|---|---|---|---|---|---|---|
| Southaven, MS | $860 | $860 | $898 | $903 | $926 | $944 | $942 | $1,007 | $1,062 |
| National | $1,381 | $1,418 | $1,428 | $1,432 | $1,468 | $1,475 | $1,477 | $1,464 | $1,462 |
Average Rent in Southaven, MS By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Brentwood Farms - Stonehedge Park | $1,086 |
| Brookhollow - Southcrest | $1,086 |
| Carriage Hills | $1,086 |
| Central Park | $1,086 |
| Deerchase - Wildwood West | $1,086 |
| DeSoto Center Business Park | $1,086 |
| DeSoto Woods - Tipton Pollard | $1,086 |
| Dickens Place | $1,086 |
| Greenbrook | $1,086 |
| Herritage Hills | $1,086 |
| Hillsview | $1,086 |
| Lakes of Nicholas - Castle Ridge | $1,086 |
| North Creek | $1,086 |
| Plumpoint Villages | $1,086 |
| Rasco Hills | $1,086 |
| Southaven Airport Industrial Park | $1,086 |
| Southaven Industrial | $1,086 |
| Southaven West | $1,086 |
| Southern Pines - Briargate Commercial | $1,086 |
| Stateline Business Park | $1,086 |
| Stoneridge - Tall Oaks | $1,086 |
| Worthington - Highland Grove | $1,086 |
| Jordan Meadows | $1,057 |
| Summerwood | $1,000 |
| Whitten Place | $1,000 |
| Lakeview Village | $854 |
The most affordable neighborhoods in Southaven are Lakeview Village, where the average rent goes for $854/month, Summerwood, where renters pay $1,000/mo on average, and Whitten Place, where the average rent goes for $1,000/mo. If you’re looking for other great deals, check out the listings from Jordan Meadows ($1,057), Brentwood Farms - Stonehedge Park ($1,086), and Brookhollow - Southcrest ($1,086), where the asking prices are below the average Southaven rent of $1,062/mo.
The most expensive neighborhoods in Southaven are Stateline Business Park ($1,086), Stoneridge - Tall Oaks ($1,086) and Worthington - Highland Grove ($1,086).
The most popular neighborhood in Southaven is Brentwood Farms - Stonehedge Park, where there are 2 verified RENTCafé listings with an average rent of $1,086. Next up is Plumpoint Villages, where apartments go for $1,086/month, followed by DeSoto Woods - Tipton Pollard with $1,086 If you’re looking to rent in Southaven’s most popular neighborhoods, make sure to also check out Herritage Hills, where renters pay $1,086 on average, and Brookhollow - Southcrest, where the average monthly rent is $1,086.
Southaven | Rent Comparison by Neighborhood
Rent in Brentwood Farms - Stonehedge Park is the same as in Brookhollow - Southcrest
Brentwood Farms - Stonehedge Park rent is 2% higher than Southaven average
| Average Rent | $1,086 |
|---|
Brookhollow - Southcrest rent is 2% higher than Southaven average
| Average Rent | $1,086 |
|---|
How Southaven Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Jackson | $836 | 5% |
| Southaven | $1,062 | 13% |
| Marion | $742 | 2% |
| Olive Branch | $1,000 | 2% |
| Collierville | $1,308 | 3% |
| West Memphis | $582 | 4% |
| Horn Lake | $1,003 | 4% |
For more information about the Southaven 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!