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Rent in Walls, MS

Across Walls's 2 ZIP codes, a 2-bedroom typically rents for about $1,274 a month, with figures from $1,172–$1,320. The highest typical rent is in 38686 ($1,301) and the lowest in 38680 ($1,246). 1 ZIP has ZIP-level figures from HUD or Census; the other 1 uses the county Fair Market Rent. 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

Typical monthly rent in Walls, MS by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$1,103$1,095–$1,1102
1 bed$1,181$1,132–$1,2102
2 beds$1,274$1,172–$1,3202
3 beds$1,680$1,546–$1,7402
4 beds$1,996$1,981–$2,0102

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).

Walls ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Walls, MS?
About $1,274 a month: the median of the typical rents in 2 ZIP codes, which range from $1,172–$1,320. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Walls, MS?
About $1,181 a month: the median of the typical rents in 2 ZIP codes, which range from $1,132–$1,210. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Walls, MS?
About $1,680 a month: the median of the typical rents in 2 ZIP codes, which range from $1,546–$1,740. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Walls, MS?
About $1,103 a month: the median of the typical rents in 2 ZIP codes, which range from $1,095–$1,110. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Walls, MS?
About $1,996 a month: the median of the typical rents in 2 ZIP codes, which range from $1,981–$2,010. Figures are gross rent (rent plus tenant-paid utilities).
Which Walls ZIP code has the highest rent?
For a 2-bedroom, 38686 has the highest typical rent at $1,301 a month, and 38680 the lowest at $1,246.
What is the property tax rate in Walls, 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 Walls 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).