Hattiesburg, MS Rental Market
Hattiesburg is home to the University of Southern Mississippi (USM) and serves as the healthcare hub for South Mississippi, anchored by Forrest General Hospital and Merit Health Wesley. The university generates consistent student and faculty rental demand, while the healthcare sector provides professional tenants year-round. Hattiesburg's role as the retail and services center for a large surrounding rural area further supports the local economy.
Get a rent estimate for an address in HattiesburgAverage Rent in Hattiesburg, MS
$920
per month · 2026-06
Market Score
Key Facts — Hattiesburg, MS Rental Market
- Average rent in Hattiesburg, MS:$920/mo
- Median rent:$846/mo
- Rent range:$450 – $2,000/mo
- Most common rental (2 bedrooms):$800/mo
- Active listings:380
- Avg days to lease:38 days
- Year-over-year change:+2.8%
- Median home value:$155,000
- Est. gross annual yield:7.1%
- Data as of:2026-06
Rent by Bedroom in Hattiesburg, MS
Average monthly rent for each bedroom type based on current active listings in Hattiesburg.
| Bedroom Type | Avg Rent/mo |
|---|---|
1 Bedroom | $650/mo |
2 Bedrooms | $800/mo |
3 Bedrooms | $1,025/mo |
4 Bedrooms | $1,275/mo |
5 Bedrooms | $1,450/mo |
Hattiesburg Rental Market Statistics
Key indicators from the current Hattiesburg, MS rental market.
380
Available now in Hattiesburg
38
From list to lease
$0.74
Average across listings
1,250 sq ft
Typical rental size
$450 – $2,000
Min to max active listings
+2.8%
Avg rent vs. prior year
Investing in Hattiesburg, MS Rental Properties
Estimated returns based on current market rents and median home values. Perform full due diligence before investing.
Median Home Value
$155,000
Typical purchase price in Hattiesburg
Est. Gross Annual Yield
7.1%
Before expenses & vacancy
Avg Monthly Income
$920
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 Hattiesburg for a full cash-flow breakdown including all costs.
Hattiesburg, MS Rental Market FAQ
Common questions about renting and investing in Hattiesburg, MS.
What is the average rent in Hattiesburg, MS?
The average rent in Hattiesburg, MS is $920 per month as of 2026. One-bedroom apartments average $650/mo, two-bedrooms $800/mo, and three-bedroom homes $1,025/mo. Hattiesburg is one of the most affordable university-city rental markets in the South.
Is Hattiesburg, MS a good place to invest in rental property?
Hattiesburg offers a 7.1% estimated gross annual yield, combining low home values (~$155,000) with consistent dual demand from USM students and healthcare workers. The university provides a predictable annual leasing cycle, while hospital employment supports year-round occupancy beyond the academic calendar.
How does the University of Southern Mississippi affect the Hattiesburg rental market?
USM enrolls approximately 14,000 students and is the primary demand driver for Hattiesburg's rental market. Off-campus housing near the university corridor leases quickly each spring for fall occupancy. Graduate students and faculty who prefer 12-month leases provide a stabilizing effect beyond the undergraduate academic calendar.
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