Average Rent in Gulfport, MS↓ Rents falling 3.0% YoY🔺 6th priciest in MS
HUD FY2025 · Official government data · Updated annually · Metro pop. 418,452
Market Overview
Gulfport, MS has rental prices ranging from $766/month to $1,540/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $896/month — 36% below the national average of $1,400/month. With a median household income of $61,266/year, spending $896/month on a 1-bedroom represents 18% of gross income — within the recommended 30% threshold.
How Gulfport Compares
With an average 2-bedroom rent of $1,117/month, Gulfport ranks #6 most expensive of the 79 cities tracked in Mississippi — pricier than 76% of all US cities in our data.
The Gulfport Rental Market
The Gulfport, MS area has a population of about 418,452 and 33% of households renting rather than owning. That is close to the US average renter share of ~34%.
Rent Trends
2-bedroom rents in Gulfport, MS have fallen by $34/month (3.0%) over the past year, from $1,151 to $1,117. This slight decline is consistent with broader market corrections seen across US rental markets.
Affordability
To afford a 1-bedroom apartment in Gulfport, MS without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $35,840. The local median household income of $61,266 exceeds that threshold by $25,426, making Gulfport relatively accessible compared to local wages.
Rent vs. Buy
The median home value in Gulfport, MS is $206,371, giving a price-to-rent ratio of 15.4. The break-even point between renting and buying is roughly 15 years — renting offers more flexibility for shorter stays, while buying makes more sense for long-term residents.
Fair Market Rents
HUD FY2025Is Gulfport, MS Affordable?
Income needed to rent or buy, price history, and how this city compares to nearby metros.
Affordability Index(30% income rule)
Nearby Cities in MSlargest metros in the state
| City | Studio | 1BR | 2BR | 3BR | Home Value |
|---|---|---|---|---|---|
| Holmes County | $811 | $843 | $933 | $1,232 | — |
| Jackson | $1,045 | $1,051 | $1,232 | $1,484 | — |
| Stone County | $711 | $730 | $958 | $1,154 | — |
| Pascagoula | $922 | $972 | $1,094 | $1,466 | — |
| Covington County | $656 | $783 | $933 | $1,232 | — |
| Hattiesburg | $851 | $952 | $1,143 | $1,456 | — |
Rent or Buy in Gulfport?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Gulfport data
Buying breaks even after 1 year — worth it if you stay 1+ years.
Mortgage Calculator
Estimate monthly payment for $206,371 home at 7% rate
Living in Gulfport
Cost of living, job market, crime rates, and moving cost estimates.
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Frequently Asked Questions
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⚖️Rent vs Buy in GulfportIs it cheaper to rent or buy here?
💵Rent Affordability in GulfportSalary needed to afford rent here
🗺️All Cities in MSSee how Gulfport ranks statewide
⚖️Compare GulfportSide-by-side rent & cost of living with any city
📋MS Tenant RightsDeposit limits, eviction laws & renters protections