Southaven, MS Rental Market Trends
Highlights
The average rent for an apartment in Southaven is $944, a 5% increase compared to the previous year, when the average rent was $898.
Average Rent in Southaven, MS
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $944 | 5% | 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-$7004%
- $701-$1,00056%
- $1,001-$1,50040%
Southaven, MS Occupied Housing Units
- Renter-occupied Households28%
- Owner-occupied Households71%
5,291 or 28% of the households in Southaven, MS are renter-occupied while 13,446 or 71% are owner-occupied.
Southaven, MS Rent Trends
| Average Rent | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Jan / 2020 |
|---|---|---|---|---|---|---|---|---|---|
| Southaven, MS | $851 | $870 | $891 | $860 | $860 | $898 | $903 | $926 | $944 |
| National | $1,347 | $1,379 | $1,381 | $1,384 | $1,420 | $1,429 | $1,433 | $1,469 |
Average Rent in Southaven, MS By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Lakeview Village | $814 |
| Worthington - Highland Grove | $959 |
| Stoneridge - Tall Oaks | $959 |
| Stateline Business Park | $959 |
| Southern Pines - Briargate Commercial | $959 |
| Southaven West | $959 |
| Southaven Industrial | $959 |
| Southaven Airport Industrial Park | $959 |
| Rasco Hills | $959 |
| Plumpoint Villages | $959 |
| North Creek | $959 |
| Lakes of Nicholas - Castle Ridge | $959 |
| Hillsview | $959 |
| Herritage Hills | $959 |
| Greenbrook | $959 |
| Dickens Place | $959 |
| DeSoto Woods - Tipton Pollard | $959 |
| DeSoto Center Business Park | $959 |
| Deerchase - Wildwood West | $959 |
| Central Park | $959 |
| Carriage Hills | $959 |
| Brookhollow - Southcrest | $959 |
| Brentwood Farms - Stonehedge Park | $959 |
| Jordan Meadows | $959 |
| Whitten Place | $984 |
| Summerwood | $984 |
The most affordable neighborhoods in Southaven are Lakeview Village, where the average rent goes for $814/month, Brentwood Farms - Stonehedge Park, where renters pay $959/mo on average, and Brookhollow - Southcrest, where the average rent goes for $959/mo. If you’re looking for other great deals, check out the listings from Carriage Hills ($959), Central Park ($959), and Deerchase - Wildwood West ($959), where the asking prices are below the average Southaven rent of $944/mo.
The most expensive neighborhoods in Southaven are Jordan Meadows ($959), Summerwood ($984) and Whitten Place ($984).
The most popular neighborhood in Southaven is North Creek, where there are 4 verified RENTCafé listings with an average rent of $959. Next up is Rasco Hills, where apartments go for $959/month, followed by Central Park with $959 If you’re looking to rent in Southaven’s most popular neighborhoods, make sure to also check out DeSoto Woods - Tipton Pollard, where renters pay $959 on average, and Plumpoint Villages, where the average monthly rent is $959.
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 | $959 |
|---|
Brookhollow - Southcrest rent is 2% higher than Southaven average
| Average Rent | $959 |
|---|
How Southaven 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% |
| Horn Lake | $960 | 4% |
| Marion | $726 | 4% |
| Handy Corner | $984 | 3% |
| Hernando | $1,082 | 4% |
| Germantown | $1,563 | 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!