Rent in Southaven, MS
Across Southaven's 2 ZIP codes, a 2-bedroom typically rents for about $1,685 a month, with figures from $1,301–$1,950. The highest typical rent is in 38672 ($1,950) and the lowest in 38671 ($1,420). 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 | $1,430 | $1,095–$1,640 | 2 |
| 1 bed | $1,541 | $1,191–$1,780 | 2 |
| 2 beds | $1,685 | $1,301–$1,950 | 2 |
| 3 beds | $2,028 | $1,424–$2,570 | 2 |
| 4 beds | $2,306 | $1,768–$2,970 | 2 |
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).
Southaven ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Southaven, MS?
- About $1,685 a month: the median of the typical rents in 2 ZIP codes, which range from $1,301–$1,950. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Southaven, MS?
- About $1,541 a month: the median of the typical rents in 2 ZIP codes, which range from $1,191–$1,780. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Southaven, MS?
- About $2,028 a month: the median of the typical rents in 2 ZIP codes, which range from $1,424–$2,570. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Southaven, MS?
- About $1,430 a month: the median of the typical rents in 2 ZIP codes, which range from $1,095–$1,640. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Southaven, MS?
- About $2,306 a month: the median of the typical rents in 2 ZIP codes, which range from $1,768–$2,970. Figures are gross rent (rent plus tenant-paid utilities).
- Which Southaven ZIP code has the highest rent?
- For a 2-bedroom, 38672 has the highest typical rent at $1,950 a month, and 38671 the lowest at $1,420.
- What is the property tax rate in Southaven, 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 Southaven 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).