Average Rent in Monroe County, MS↑ Rents rising 7.5% YoY🔻 3rd cheapest in MS

Monroe County, MS has rental prices ranging from $761/month to $1,189/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $769/month — 45% below the national average of $1,400/month. With a median household income of $51,231/year, spending $769/month on a 1-bedroom represents 18% of gross income — within the recommended 30% threshold.

How Monroe County Compares

With an average 2-bedroom rent of $905/month, Monroe County ranks #78 most expensive of the 80 cities tracked in Mississippi — more affordable than 96% of all US cities in our data.

The Monroe County Rental Market

The Monroe County, MS area has a population of about 33,928 and 23% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.

Rent Trends

2-bedroom rents in Monroe County, MS have risen by $63/month (7.5%) over the past year, from $842 to $905. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Monroe County, MS without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $30,760. The local median household income of $51,231 exceeds that threshold by $20,471, making Monroe County relatively accessible compared to local wages.

Economy & Jobs

Monroe County, MS has an unemployment rate of 4.9%, 1.0 percentage point above the national average of 3.9%. A higher unemployment rate can moderate rental demand over time, which may help keep rent growth in check compared to tighter job markets.

Is Monroe County, MS Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Rent or Buy in Monroe County?

Break-even analysis and mortgage estimates based on local market data.

Living in Monroe County

Cost of living, job market, crime rates, and moving cost estimates.