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Rent in Caledonia, MS

A 2-bedroom in Caledonia, MS (ZIP 39740) typically rents for about $906 a month, with a range of $906–$931. Owner-occupied homes in Lowndes County pay about 0.60% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.

Rent by bedrooms

Typical monthly rent in Caledonia, MS by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$798$7981
1 bed$301$301–$8031
2 beds$906$906–$9311
3 beds$1,278$1,2781
4 beds$1,298$1,2981

Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).

Caledonia ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Caledonia, MS?
About $906 a month: the median of the typical rents in 1 ZIP code, which range from $906–$931. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Caledonia, MS?
About $301 a month: the median of the typical rents in 1 ZIP code, which range from $301–$803. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Caledonia, MS?
About $1,278 a month: the median of the typical rents in 1 ZIP code, which range from $1,278. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Caledonia, MS?
About $798 a month: the median of the typical rents in 1 ZIP code, which range from $798. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Caledonia, MS?
About $1,298 a month: the median of the typical rents in 1 ZIP code, which range from $1,298. Figures are gross rent (rent plus tenant-paid utilities).
What is the property tax rate in Caledonia, MS?
Owner-occupied homes in Lowndes County pay a typical 0.60% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
What is the current 30-year mortgage rate?
The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
Where do these Caledonia rent figures come from?
Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).