City Report · MS

Ocean Springs

Pop. 18,646·6th most expensive in Mississippi·Rental market data updated monthly for Ocean Springs, MS
Median rent (all units)
$1,723/mo
Year-over-Year
-2.8%
Month-over-Month
-0.5%
vs US Median
-$242
Stable (Monthly)
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Most AffordableMost Expensive
Ocean Springs · $1,723
More affordable than 59% of US cities · National median $1,965/mo
Rent Reality Score
66/100
Good value
OverheatedFairGreat value

Rents are 8% below what Ocean Springs's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,723/mo
Expected by trend
$1,871/mo
The Rent Reality Score compares today's median rent to where Ocean Springs's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,080
1 BR
$1,140
2 BR
$1,280
3 BR
$1,710
4 BR+
$2,130
Research median
$1,280/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
$20,676/yr
At $1,723/mo median
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 2.8% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-2.8% YoY, -0.5% MoM), not inventory.
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Demographics

Who lives here

Ocean Springs, MS is majority owner-occupied, has a large retiree population, 46.3% of residents hold a bachelor's degree or higher.

Population
18,646
Median income
$79,712
Median age
43.3
Renters
31.3%
Age distribution
20.7%
17.7%
25.7%
14.5%
21.4%
Under 1820.7%
18–3417.7%
35–5425.7%
55–6414.5%
65+21.4%
Gender
51.4%
48.6%
Male51.4%
Female48.6%
Race & ethnicity
79.6%
White79.6%
Black7.6%
Hispanic8.4%
Asian5.2%
Education (25+)
16.4%
31.2%
46.3%
No HS diploma6.1%
HS diploma16.4%
Some college31.2%
Bachelor's+46.3%
Housing tenure
68.7%
31.3%
Owner68.7%
Renter31.3%

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

2023 vs 2026

How Ocean Springs, MS has changed in 5 years

Rent
$1,605 → $1,723
up 7.4%
Income
$63,653 → $79,712
up 25.2%
Population
18,275 → 18,646
up 2.0%
Renter share
30% → 31.3%
+1.3 pts
Bachelor's+
39.3% → 46.3%
+7.0 pts
Median age
41.8 → 43.3
+1.5 yrs

Since 2023, the typical rent in Ocean Springs, MS has increased from $1,605 to $1,723, a 7.4% change over five years. Local incomes tracked alongside that move, going from a median of $63,653 in 2021 to $79,712 more recently. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. The population has grown by 2.0% since 2021, moving from about 18,275 residents to roughly 18,646. College-educated residents now make up 46.3% of adults here, versus 39.3% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Ocean Springs, MS market of 2023.

Community

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View Ocean Springs rent history (2015–2026) →
Salary vs rent

Can you afford rent in Ocean Springs on your salary?

At $1,723/mo, how Ocean Springs rent compares to typical pay (30% rule).

By apartment size

Ocean Springs rent by bedroom count

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

Local insights

Tips for renters in Ocean Springs

About renting in Ocean Springs, MS

Last updated: July 20, 2026

The median rent in Ocean Springs is $1,723/mo as of July 2026. A studio apartment averages $1,080/mo while a 2-bedroom runs $1,280/mo. One-bedroom apartments average $1,140/mo and 3-bedroom units go for $1,710/mo.

At 26% of local median household income ($79,712/yr), Ocean Springs ranks as affordable compared to the national benchmark of 30%. Rents have decreased 2.8% over the past year.

FAQ

Frequently asked questions

Is Ocean Springs an affordable city for renters?

Ocean Springs is considered affordable for renters. At $1,723/mo, rent takes approximately 26% of the local median household income ($79,712/yr). The standard benchmark is 30%. Ocean Springs falls comfortably within that range.

How much income do you need to rent in Ocean Springs?

To keep rent at or below 30% of gross income, you would need to earn at least $69,000/year (~$33/hour full-time) to afford the median rent of $1,723/mo in Ocean Springs. The local median household income is $79,712/yr, meaning the typical Ocean Springs household meets that threshold.

Is rent going up or down in Ocean Springs?

Rent in Ocean Springs has decreased 2.8% over the past year as of July 2026, offering some relief compared to 12 months ago.

How does Ocean Springs rent compare to other cities in Mississippi?

Ocean Springs is one of the pricier cities in Mississippi for rent, ranking #6 out of 28 tracked cities at $1,723/mo.

Which nearby cities are cheaper to rent in than Ocean Springs?

Several nearby cities have lower median rents than Ocean Springs ($1,723/mo): Moss Point ($1,242/mo), Biloxi ($1,386/mo), Diberville ($1,392/mo).

What percentage of Ocean Springs residents rent vs. own?

According to Census data, approximately 31.3% of Ocean Springs households are renters, while 68.7% are owner-occupied. Ocean Springs leans toward homeownership, which can mean a smaller rental inventory.

How does Ocean Springs rent compare to the national average?

Ocean Springs's median rent of $1,723/mo is $242 (12%) below the US national median of $1,965/mo. Within Mississippi, it ranks #6 out of 28 tracked cities.
Income Affordability
26%
AFFORDABLE

At $1,723/mo, rent takes ~26% of Ocean Springs's median household income ($79,712/yr). The standard benchmark is 30%.

Ocean Springs 26%Benchmark 30%
State income tax4.7%
Run the Ocean Springs affordability calculator →
Lowest-rent ZIP codes in Ocean Springs
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Ocean Springs, MS

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