Mississippi

Biloxi, MS Rental Market

Biloxi is the casino resort capital of the Gulf South, drawing millions of visitors annually to its strip of beachfront casinos along the Mississippi Sound. Keesler Air Force Base — a major Air Force training installation — is the city's largest employer, providing a strong military tenant base. The combination of gaming industry employment, military presence, and Gulf Coast tourism creates a diverse and resilient rental market.

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Average Rent in Biloxi, MS

$1,120

per month · 2026-06

+3.5% year-over-year

Market Score

6/10

Key Facts — Biloxi, MS Rental Market

  • Average rent in Biloxi, MS:$1,120/mo
  • Median rent:$1,030/mo
  • Rent range:$550 – $2,450/mo
  • Most common rental (2 bedrooms):$975/mo
  • Active listings:480
  • Avg days to lease:34 days
  • Year-over-year change:+3.5%
  • Median home value:$205,000
  • Est. gross annual yield:6.5%
  • Data as of:2026-06

Rent by Bedroom in Biloxi, MS

Average monthly rent for each bedroom type based on current active listings in Biloxi.

Bedroom TypeAvg Rent/mo
1 Bedroom
$800/mo
2 Bedrooms
$975/mo
3 Bedrooms
$1,250/mo
4 Bedrooms
$1,550/mo
5 Bedrooms
$1,775/mo

Biloxi Rental Market Statistics

Key indicators from the current Biloxi, MS rental market.

Active Listings

480

Available now in Biloxi

Avg Days on Market

34

From list to lease

Rent per Sq Ft

$0.90

Average across listings

Avg Square Footage

1,250 sq ft

Typical rental size

Rent Range

$550 – $2,450

Min to max active listings

Year-over-Year Change

+3.5%

Avg rent vs. prior year

Investing in Biloxi, MS Rental Properties

Estimated returns based on current market rents and median home values. Perform full due diligence before investing.

Median Home Value

$205,000

Typical purchase price in Biloxi

Est. Gross Annual Yield

6.5%

Before expenses & vacancy

Avg Monthly Income

$1,120

At average market rent

Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Biloxi for a full cash-flow breakdown including all costs.

Biloxi, MS Rental Market FAQ

Common questions about renting and investing in Biloxi, MS.

What is the average rent in Biloxi, MS?

The average rent in Biloxi, MS is $1,120 per month as of 2026. One-bedroom apartments average $800/mo, two-bedrooms $975/mo, and three-bedroom homes $1,250/mo. Biloxi's rents are slightly above neighboring Gulfport, reflecting the influence of casino industry wages and the military tenant premium near Keesler AFB.

Is Biloxi, MS a good place to invest in rental property?

Biloxi offers a 6.5% estimated gross annual yield with rental demand underpinned by Keesler AFB's military community, casino and hospitality industry workers, and Gulf Coast tourism employment. The military tenant base provides payment reliability through BAH, while casino employment creates consistent demand for workforce housing.

How does Keesler Air Force Base affect the Biloxi rental market?

Keesler AFB is the largest employer in Harrison County and trains Air Force personnel in intelligence, cyber, and weather specialties. The base generates thousands of active-duty personnel and civilian employees who need off-base housing. Military families on 2–4 year assignments provide stable, BAH-supported rental demand that keeps the Biloxi market consistently occupied.

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