How much rent can you afford in Southaven, MS?
Run your salary against Southaven's current rent, or find the income you'd need for a target rent. Powered by live RentDataNow medians.
The 30% rent rule, in Southaven
At a median rent of $1,540/mo, Southaven is very affordable when measured against Southaven median household income of $78,483/yr. Rent would consume roughly 24% of pre-tax income, and a salary of about $61,600 keeps rent at the recommended 30% threshold.
How Southaven compares nearby
Median rent for the closest cities with data.
Frequently asked
How much rent can I afford in Southaven?
On a $78,483 salary (the Southaven median household income), the recommended ceiling is 30% of pre-tax income, or about $1,962/mo. Southaven's median rent is $1,540/mo. Use the calculator on this page to run your own salary.
What salary do I need to live in Southaven?
To keep Southaven's $1,540/mo median rent under 30% of income, you'd need about $61,600/yr. Lower your target share (e.g. 25%) to need more, or raise it (e.g. 40%) to need less.
Is Southaven affordable on the median Mississippi income?
Southaven is very affordable on a $78,483 income. Rent would take 24% of pre-tax pay, inside the recommended 30% threshold.
What's the 30% rent rule?
The 30% rule is a long-standing budgeting guideline that keeps rent at or below 30% of gross (pre-tax) income. It leaves enough room for utilities, transit, savings, and debt service. In high-cost markets, many renters exceed 30%, and the Census Bureau classifies households paying more than 30% of income on rent as "cost-burdened".