Rents are 12% above what Tupelo's 10-year trend predicts — running hotter than its own history.
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 $1,386 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
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Who lives here
Tupelo, MS is majority owner-occupied, 34.5% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Tupelo, MS has changed in 5 years
The median rent in Tupelo, MS stood at $1,074 in 2023 and currently runs about $1,386, reflecting a 29.1% increase over the period. Household income in the area moved from $58,887 to $66,257 across the same window, up 12.5% versus 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. Renters now make up 36.6% of households, compared with 39.1% five years ago. Reading these numbers side by side helps frame whether current listings in Tupelo, MS look reasonable against where the market sat half a decade ago.
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Can you afford rent in Tupelo on your salary?
At $1,386/mo, how Tupelo rent compares to typical pay (30% rule).
Tupelo rent by bedroom count
Median rent for each apartment size in Tupelo. Click any size for full breakdown.
Tips for renters in Tupelo
Last updated: August 17, 2026
The median rent in Tupelo is $1,386/mo as of August 2026. A studio apartment averages $905/mo while a 2-bedroom runs $1,075/mo. One-bedroom apartments average $910/mo and 3-bedroom units go for $1,355/mo.
At 25% of local median household income ($66,257/yr), Tupelo ranks as affordable compared to the national benchmark of 30%. Rents have increased 17.9% over the past year.
Frequently asked questions
Is Tupelo an affordable city for renters?
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Which Tupelo neighborhoods have the lowest rent?
How does Tupelo rent compare to other cities in Mississippi?
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What percentage of Tupelo residents rent vs. own?
How does Tupelo rent compare to the national average?
At $1,386/mo, rent takes ~25% of Tupelo's median household income ($66,257/yr). The standard benchmark is 30%.
How does this area stack up?
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Estimated from ZIP-level data
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