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City Report · MS

Flowood

Pop. 10,587·12th most expensive in Mississippi·Rental market data updated monthly for Flowood, MS
Median rent (all units)
$1,515/mo
Year-over-Year
-3.8%
Month-over-Month
-0.5%
vs US Median
-$450
Falling (Monthly)
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Most AffordableMost Expensive
Flowood · $1,515
More affordable than 74% of US cities · National median $1,965/mo
Affordability
22% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,515/mo, rent takes about 22% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$61,000/yr
Local median income
$83,880/yr
Based on the 30%-of-income rule using Flowood's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,370
1 BR
$1,380
2 BR
$1,620
3 BR
$1,950
4 BR+
$2,150
Research median
$1,620/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$18,180/yr
At $1,515/mo median
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 3.8% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-3.8% YoY, -0.5% MoM), not inventory.
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Demographics

Who lives here

Flowood, MS is roughly split between renters and owners, 55% of residents hold a bachelor's degree or higher.

Population
10,587
Median income
$83,880
Median age
39.5
Renters
45.8%
Age distribution
21.2%
22.4%
28.6%
13%
14.8%
Under 1821.2%
18–3422.4%
35–5428.6%
55–6413%
65+14.8%
Gender
46.1%
53.9%
Male46.1%
Female53.9%
Race & ethnicity
72.4%
17%
White72.4%
Black17%
Hispanic3.9%
Asian3.7%
Other2.9%
Education (25+)
30.2%
55%
No HS diploma3.9%
HS diploma10.9%
Some college30.2%
Bachelor's+55%
Housing tenure
54.2%
45.8%
Owner54.2%
Renter45.8%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Flowood, MS has changed in 5 years

Income
$73,654 → $83,880
up 13.9%
Population
10,019 → 10,587
up 5.7%
Renter share
43.1% → 45.8%
+2.7 pts
Bachelor's+
50.3% → 55%
+4.7 pts
Median age
35.1 → 39.5
+4.4 yrs

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%.

Community

Discussions about Flowood

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View Flowood rent history (2015–2026) →
Salary vs rent

Can you afford rent in Flowood on your salary?

At $1,515/mo, how Flowood rent compares to typical pay (30% rule).

By apartment size

Flowood rent by bedroom count

Median rent for each apartment size in Flowood. Click any size for full breakdown.

Local insights

Tips for renters in Flowood

About renting in Flowood, MS

Last updated: July 20, 2026

The median rent in Flowood is $1,515/mo as of July 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 22% of local median household income ($83,880/yr), Flowood ranks as affordable compared to the national benchmark of 30%. Rents have decreased 3.8% over the past year.

FAQ

Frequently asked questions

Is Flowood an affordable city for renters?

Flowood is considered very affordable for renters. At $1,515/mo, rent takes approximately 22% of the local median household income ($83,880/yr). The standard benchmark is 30%. Flowood falls comfortably within that range.

How much income do you need to rent in Flowood?

To keep rent at or below 30% of gross income, you would need to earn at least $61,000/year (~$29/hour full-time) to afford the median rent of $1,515/mo in Flowood. The local median household income is $83,880/yr, meaning the typical Flowood household meets that threshold.

Is rent going up or down in Flowood?

Rent in Flowood has decreased 3.8% over the past year as of July 2026, offering some relief compared to 12 months ago.

How does Flowood rent compare to other cities in Mississippi?

Flowood is middle-of-the-pack for Mississippi for rent, ranking #12 out of 28 tracked cities at $1,515/mo.

Which nearby cities are cheaper to rent in than Flowood?

Several nearby cities have lower median rents than Flowood ($1,515/mo): Jackson ($1,270/mo), Ridgeland ($1,451/mo), Pearl ($1,487/mo).

What percentage of Flowood residents rent vs. own?

According to Census data, approximately 45.8% of Flowood households are renters, while 54.2% are owner-occupied. Flowood leans toward homeownership, which can mean a smaller rental inventory.

How does Flowood rent compare to the national average?

Flowood's median rent of $1,515/mo is $450 (23%) below the US national median of $1,965/mo. Within Mississippi, it ranks #12 out of 28 tracked cities.
Income Affordability
22%
VERY AFFORDABLE

At $1,515/mo, rent takes ~22% of Flowood's median household income ($83,880/yr). The standard benchmark is 30%.

Flowood 22%Benchmark 30%
State income tax4.7%
Run the Flowood affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Flowood, MS

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