At $1,474/mo, rent takes about 21% 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 $1,474 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: August 17, 2026
Is your rent fair?
Compare your rent to the local median.
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%.
Discussions about Flowood
No discussions yet. Start the conversation.
Can you afford rent in Flowood on your salary?
At $1,474/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: August 17, 2026
The median rent in Flowood is $1,474/mo as of August 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 21% of local median household income ($83,880/yr), Flowood ranks as affordable compared to the national benchmark of 30%. Rents have decreased 6.9% over the past year.
Frequently asked questions
Is Flowood an affordable city for renters?
How much income do you need to rent in Flowood?
Is rent going up or down in Flowood?
How does Flowood rent compare to other cities in Mississippi?
Which nearby cities are cheaper to rent in than Flowood?
What percentage of Flowood residents rent vs. own?
How does Flowood rent compare to the national average?
At $1,474/mo, rent takes ~21% of Flowood's median household income ($83,880/yr). The standard benchmark is 30%.
How does this area stack up?
Pick another city or ZIP to compare.
Estimated from ZIP-level data
Be the first to submit your rent for Flowood.
No discussions yet.
