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ZIP Code · MS

ZIP 38637

Pop. 26,647·DeSoto County·12th most expensive ZIP in Mississippi
Median rent (all units)
$1,571/mo
Year-over-Year
+2.6%
Month-over-Month
+3.1%
vs US Median
-$394
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 38637 · $1,571
More affordable than 69% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,170
1 BR
$1,270
2 BR
$1,400
3 BR
$1,850
4 BR+
$2,150
Research median
$1,400/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
$18,852/yr
At $1,571/mo median
Location
StateMS
CountyDeSoto County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 2.6% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+2.6% YoY, +3.1% MoM), not inventory.
Demographics

Who lives here

ZIP 38637 (Horn Lake, MS) is majority owner-occupied, has a large share of families with children, has a median income below the national average, 16.5% of residents hold a bachelor's degree or higher.

Population
26,647
Median income
$53,311
Median age
33.5
Renters
41.9%
Age distribution
26.5%
26.1%
25.5%
Under 1826.5%
18–3426.1%
35–5425.5%
55–6410.9%
65+11%
Gender
45.9%
54.1%
Male45.9%
Female54.1%
Race & ethnicity
36.2%
50.1%
White36.2%
Black50.1%
Hispanic9.2%
Asian0.8%
Other3.7%
Education (25+)
13.4%
38.9%
31.2%
16.5%
No HS diploma13.4%
HS diploma38.9%
Some college31.2%
Bachelor's+16.5%
Housing tenure
58.1%
41.9%
Owner58.1%
Renter41.9%

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

2021 vs 2026

How ZIP 38637 in Horn Lake, MS has changed in 5 years

Rent
$1,194 → $1,571
up 31.6%
Income
$54,783 → $53,311
down 2.7%
Population
26,623 → 26,647
up 0.1%
Renter share
42.8% → 41.9%
-0.9 pts
Bachelor's+
17.4% → 16.5%
-0.9 pts

The median rent in ZIP 38637 in Horn Lake, MS stood at $1,194 in 2021 and currently runs about $1,571, reflecting a 31.6% increase over the period. Household income in the area moved from $54,783 to $53,311 across the same window, down 2.7% versus 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. Reading these numbers side by side helps frame whether current listings in ZIP 38637 in Horn Lake, MS look reasonable against where the market sat half a decade ago.

Community

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Local insights

Tips for renters in ZIP 38637

About renting in ZIP 38637

Last updated: July 20, 2026

ZIP code 38637 covers Horn Lake, MS. The median rent here is $1,571/mo as of July 2026. A 1-bedroom rents for a median of $1,270/mo. A 2-bedroom rents for a median of $1,400/mo.

At 35% of local median household income ($53,311/yr), ZIP 38637 ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.6% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 38637?

As of July 20, 2026, the median monthly rent in ZIP 38637 (Horn Lake, MS) is $1,571. This is based on aggregated data from public sources and community submissions.

How does ZIP 38637 rent compare to the US average?

ZIP 38637's median rent of $1,571/mo is $394 (20%) below the US national median of $1,965/mo.

How does ZIP 38637 compare to other ZIPs in Mississippi?

ZIP 38637 is one of the pricier ZIP codes in Mississippi, ranking #12 out of 38 ZIPs tracked at $1,571/mo.

How much income do you need to rent in ZIP 38637?

To keep rent at or below 30% of gross income, you would need to earn at least $63,000/year (~$30/hour full-time) to afford the median rent of $1,571/mo in ZIP 38637. The local median household income is $53,311/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 38637?

Rent in ZIP 38637 has increased 2.6% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 38637 an affordable place to rent?

ZIP 38637 is considered moderate for renters. At $1,571/mo, rent takes approximately 35% of the local median household income ($53,311/yr). The standard benchmark is 30%. ZIP 38637 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 38637 residents rent vs. own?

According to Census data, approximately 41.9% of ZIP 38637 households are renters, while 58.1% are owner-occupied. ZIP 38637 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 38637 compare to the rest of Horn Lake?

ZIP 38637 sits right at the Horn Lake citywide median of $1,571/mo.

When was rent data for ZIP 38637 last updated?

Rent data for ZIP 38637 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
35%
MODERATE

At $1,571/mo, rent takes ~35% of ZIP 38637's median household income ($53,311/yr). The standard benchmark is 30%.

ZIP 38637 35%Benchmark 30%
State income tax4.7%
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Schools nearby

Public schools near ZIP 38637 (Horn Lake, MS)

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