3-Bedroom Apartment Rent in Olive Branch, MS
Median asking rent for a 3-bedroom apartment in Olive Branch, Mississippi as of July 2026. That's +21% higher than the citywide median of $1,896 and +8% above the national 3-bedroom median of $2,130.
Income needed for a 3-bedroom in Olive Branch
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 3-bedroom at the current median rent.
Rent by apartment size in Olive Branch
Compare Olive Branch's median rent across every apartment size.
Cheapest cities for a 3-bedroom in Mississippi
| # | City | 3-Bedroom rent |
|---|---|---|
| 1 | Meridian | $1,041 |
| 2 | Moss Point | $1,198 |
| 3 | Pascagoula | $1,300 |
| 4 | Tupelo | $1,355 |
| 5 | Columbus | $1,377 |
| 6 | Jackson | $1,401 |
| 7 | Bay Saint Louis | $1,410 |
| 8 | Gautier | $1,410 |
| 9 | Starkville | $1,410 |
| 10 | Biloxi | $1,433 |
| 11 | Gulfport | $1,447 |
| 12 | Pearl | $1,530 |
| 13 | Hattiesburg | $1,545 |
| 14 | Gulf Hills | $1,550 |
| 15 | Diberville | $1,570 |
Most expensive cities for a 3-bedroom in Mississippi
| # | City | 3-Bedroom rent |
|---|---|---|
| 1 | Southaven | $2,300 |
| 2 | Olive Branch (this page) | $2,300 |
| 3 | Madison | $2,230 |
| 4 | Flowood | $1,950 |
| 5 | Horn Lake | $1,880 |
| 6 | Brandon | $1,860 |
| 7 | Hernando | $1,830 |
| 8 | Byram | $1,810 |
| 9 | Ocean Springs | $1,710 |
| 10 | Ridgeland | $1,670 |
| 11 | Oxford | $1,670 |
| 12 | Clinton | $1,650 |
| 13 | Long Beach | $1,620 |
| 14 | Diberville | $1,570 |
| 15 | Gulf Hills | $1,550 |
Nearby cities — 3-bedroom rent
Considering nearby alternatives? 5 of these cities have cheaper 3-bedroom rents than Olive Branch.
| City | Distance | 3-Bedroom rent | vs Olive Branch |
|---|---|---|---|
| Southaven, MS | 10.1 mi | $2,300 | — |
| Germantown, TN | 10.5 mi | $2,540 | +$240 (+10%) |
| Collierville, TN | 14.8 mi | $2,370 | +$70 (+3%) |
| Memphis, TN | 15.3 mi | $1,855 | $-445 (-19%) |
| Horn Lake, MS | 16.1 mi | $1,880 | $-420 (-18%) |
| Hernando, MS | 16.7 mi | $1,830 | $-470 (-20%) |
| Cordova, TN | 17.5 mi | $2,290 | $-10 (0%) |
| Bartlett, TN | 20.1 mi | $2,380 | +$80 (+3%) |
| Lakeland, TN | 25.6 mi | $2,500 | +$200 (+9%) |
| Arlington, TN | 27.2 mi | $2,310 | +$10 (0%) |
| Oakland, TN | 28.7 mi | $2,200 | $-100 (-4%) |
| Millington, TN | 30 mi | $1,800 | $-500 (-22%) |
3-Bedroom rent in Olive Branch — common questions
How much is a 3-bedroom apartment in Olive Branch?
As of July 2026, the median 3-bedroom apartment rent in Olive Branch, Mississippi is $2,300 per month. This is +21% higher than the citywide median of $1,896.
What income do you need to afford a 3-bedroom in Olive Branch?
Using the standard 30% rent-to-income rule, you would need an annual income of about $92,000 ($7,667/month gross), which works out to roughly $44.23/hour at a full-time job.
Is Olive Branch expensive for a 3-bedroom compared to the rest of the US?
Olive Branch's 3-bedroom median of $2,300 is +8% above the national 3-bedroom median of $2,130. It ranks in the 58th percentile of US cities tracked.
How does Olive Branch rank for 3-bedroom rent in Mississippi?
Among the 28 cities in Mississippi with 3-bedroom data, Olive Branch ranks #27 from cheapest to most expensive.
Are there cheaper 3-bedroom options near Olive Branch?
Yes — nearby cities with cheaper 3-bedroom rents include Memphis ($1,855), Horn Lake ($1,880), Hernando ($1,830).