At $1,615/mo, rent takes about 23% of the local median household income, comfortably within the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,615 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: October 17, 2026
What the numbers show
Rent in Flowood changed +4.5% over the year to September 2026. Across the 23 Mississippi cities Zillow tracks, the typical change was +3.8%.
Rent has risen 3 months in a row, and rose in 8 of the last 12 months.
30% of the median household income ($83,880) is $2,097 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,950); a 4-bedroom is $2,150.
Jackson, 7 miles away, rents for 24% less ($1,228/mo), about $4,600 a year in savings.
From Zillow's monthly rent index (ZORI) for Flowood. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Flowood, MS is roughly split between renters and owners, 55% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Flowood, MS has changed in 5 years
Household income in the area moved from $73,654 to $83,880 across the same window, up 13.9% versus 2021. Headcount in the area went from 10,019 to 10,587 between 2021 and 2024, a 5.7% change. About 45.8% of households rent today, against 43.1% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 50.3% to 55%.
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Can you afford rent in Flowood on your salary?
At $1,615/mo, how Flowood rent compares to typical pay (30% rule).
Flowood rent by bedroom count
Median rent for each apartment size in Flowood. Click any size for full breakdown.
Tips for renters in Flowood
Last updated: October 17, 2026
The median rent in Flowood is $1,615/mo as of October 2026. A studio apartment averages $1,370/mo while a 2-bedroom runs $1,620/mo. One-bedroom apartments average $1,380/mo and 3-bedroom units go for $1,950/mo.
At 23% of local median household income ($83,880/yr), Flowood ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.5% over the past year.
Frequently asked questions
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Is rent going up or down in Flowood?
How does Flowood rent compare to other cities in Mississippi?
At $1,615/mo, rent takes ~23% of Flowood's median household income ($83,880/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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