The Luxe of Southaven
5905 Airways Blvd,
Southaven, MS 38671
1-3 Beds | $1,075 - $1,645
Rental Market Trends in Southaven, MS
What is the average rent in Southaven, MS?
$1,333/month
Average Rent
805 Sq Ft
Average Apartment Size
-2.4%
Decrease in the Last Year
As of December 2024, the average rent in Southaven, MS is $1,333 per month. For comparison, the national average rent price in the US is currently $1,560/month, which means Southaven rent prices are 15% lower than the national average. When you rent an apartment in Southaven, you can expect to pay about per month for a studio, $1,333 for a one-bedroom apartment, and around $1,442 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,636 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Southaven, MS?
In the past year, rent has decreased by 2.4%, which averages out to $32 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2024
Legend
2023
2024
Rent Ranges in Southaven, MS
Last Updated December 2024
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
64%
$1,001 - $1,500/month
36%
$1,501 - $2,000/month
0%
Above $2,000/month
What salary do I need to live comfortably in Southaven, MS?
Because the average rent in Southaven is $1,333, you’ll want to make about $4,443 per month or $53,316 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Southaven, MS compare to other nearby cities and neighborhoods?
Use the tool below to compare Southaven, MS to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Nearby City Rent Trends
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Property Management Companies in Southaven, MS
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Kushner Companies
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Sandhurst Apartment Management
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Fogelman Properties
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36
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Timberland Partners
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34
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Sharp Management Corporation
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20
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15
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Silverstone Management
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.