Rent in Olive Branch, MS
A 2-bedroom in Olive Branch, MS (ZIP 38654) typically rents for about $1,798 a month, with a range of $1,790–$1,805. Owner-occupied homes in DeSoto 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
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,510 | $1,095–$1,510 | 1 |
| 1 bed | $1,360 | $1,079–$1,640 | 1 |
| 2 beds | $1,798 | $1,790–$1,805 | 1 |
| 3 beds | $2,085 | $1,809–$2,360 | 1 |
| 4 beds | $2,541 | $2,351–$2,730 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Olive Branch ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Olive Branch, MS?
- About $1,798 a month: the median of the typical rents in 1 ZIP code, which range from $1,790–$1,805. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Olive Branch, MS?
- About $1,360 a month: the median of the typical rents in 1 ZIP code, which range from $1,079–$1,640. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Olive Branch, MS?
- About $2,085 a month: the median of the typical rents in 1 ZIP code, which range from $1,809–$2,360. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Olive Branch, MS?
- About $1,510 a month: the median of the typical rents in 1 ZIP code, which range from $1,095–$1,510. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Olive Branch, MS?
- About $2,541 a month: the median of the typical rents in 1 ZIP code, which range from $2,351–$2,730. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Olive Branch, MS?
- Owner-occupied homes in DeSoto 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 Olive Branch rent figures come from?
- HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).