Cheapest Cities to Rent in Mississippi (2026)

The cheapest rent in Mississippi is in Jackson, MS, where a 2-bedroom averages $1,288/mo and a 1-bedroom $1,097/mo (2026 HUD Fair Market Rent) — $0/mo below the Mississippi average 2BR of $1,288. The table below ranks all 1 of the cheapest cities to rent in Mississippi.

$1,288
Cheapest 2BR
$1,288
State Average 2BR
$0
Monthly Savings
$0
Yearly Savings

Top 1 Cheapest Cities in Mississippi

Ranked by 2-bedroom rent price (lowest first)

RankCityStudio1 Bed2 Bed3 BedIncome Needed
#1
Jackson, MS$1,091$1,097$1,288$1,544$51,520/yr

Why These Mississippi Cities Are Affordable

Mississippi consistently ranks as the most affordable state for renters. Housing costs are well below national averages, making it attractive for those prioritizing value above all else.

  • Below-average housing costs: These cities have housing indices lower than the state average of 68
  • Lower demand: Smaller populations and less competitive markets keep prices reasonable
  • Diverse housing stock: Mix of older and newer buildings provides options at various price points
  • Regional economies: Local job markets support working populations without coastal-city premiums

Income Requirements

Using the standard 30% of income guideline, here's what you need to earn to afford rent in Mississippi's cheapest cities:

#1: Jackson
2BR: $1,288/mo requires $51,520/year

How Mississippi's Cheapest Cities Compare

vs State Average
+$0/mo
more expensive than Mississippi average
vs National Average
-$285/mo
below US median ($1,573)
Cost of Living Index
84
Below national average (100)

What to Consider Before Moving

Best For

  • ✓Budget-conscious renters
  • ✓Retirees seeking low costs
  • ✓Those escaping expensive areas
  • ✓Remote workers

Considerations

  • •Limited job market
  • •Hot humid climate
  • •Fewer amenities

Cheapest Rent in Mississippi: FAQ

Where is the cheapest rent in Mississippi?

The cheapest rent in Mississippi is in Jackson, MS, where a 2-bedroom averages $1,288/month and a 1-bedroom $1,097/month in 2026 (HUD Fair Market Rent).

How much can I save renting in Mississippi's cheapest cities?

By choosing Mississippi's cheapest city over the state average 2BR of $1,288, you could save $0/month or $0/year on rent.

Is rent in Mississippi's cheapest city below the US average?

Yes. A 2-bedroom in Jackson costs $1,288/month, which is $285/month below the US median 2BR Fair Market Rent of $1,573 (HUD, 2026).

What income do I need to rent in Mississippi's cheapest cities?

To afford the cheapest 2BR in Mississippi at $1,288/month, you need approximately $51,520/year based on the 30% of income guideline.