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ZIP Code · MS

ZIP 38655

Part of Oxford, MS
Pop. 46,156·Lafayette County·5th most expensive ZIP in Mississippi
Median rent (all units)
$2,088/mo
Year-over-Year
-3.8%
Month-over-Month
-1.4%
vs US Median
+$123
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 38655 · $2,088
More expensive than 65% of US ZIP codes · National median $1,965/mo
Rent check

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Medians by bedroom

Rent by unit size

Studio
$1,060
1 BR
$1,070
2 BR
$1,260
3 BR
$1,560
4 BR+
$1,670
Research median
$1,260/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
$25,056/yr
At $2,088/mo median
Location
CityOxford
StateMS
CountyLafayette County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 3.8% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-3.8% YoY, -1.4% MoM), not inventory.
Demographics

Who lives here

ZIP 38655 (Oxford, MS) is majority owner-occupied, skews toward younger working-age adults, 51.1% of residents hold a bachelor's degree or higher.

Population
46,156
Median income
$68,235
Median age
32.7
Renters
39.6%
Age distribution
20.4%
32.3%
23.1%
14.5%
Under 1820.4%
18–3432.3%
35–5423.1%
55–649.7%
65+14.5%
Gender
47.3%
52.7%
Male47.3%
Female52.7%
Race & ethnicity
69%
23.3%
White69%
Black23.3%
Hispanic3.8%
Asian2.5%
Other1.4%
Education (25+)
16.1%
25.9%
51.1%
No HS diploma6.9%
HS diploma16.1%
Some college25.9%
Bachelor's+51.1%
Housing tenure
60.4%
39.6%
Owner60.4%
Renter39.6%

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

2021 vs 2026

How ZIP 38655 in Oxford, MS has changed in 5 years

Income
$54,780 → $68,235
up 24.6%
Population
45,150 → 46,156
up 2.2%
Renter share
40.9% → 39.6%
-1.3 pts
Bachelor's+
48.1% → 51.1%
+3.0 pts

On the earnings side, the typical household in ZIP 38655 in Oxford, MS now reports about $68,235, up from $54,780 in 2021. Census counts show ZIP 38655 in Oxford, MS adding about 1,006 residents over the five-year window, up 2.2% on net. Bachelor's-degree-or-higher attainment moved from 48.1% to 51.1% across the same window.

Community

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Local insights

Tips for renters in ZIP 38655

About renting in ZIP 38655

Last updated: July 20, 2026

ZIP code 38655 covers Oxford, MS. The median rent here is $2,088/mo as of July 2026. A 1-bedroom rents for a median of $1,070/mo. A 2-bedroom rents for a median of $1,260/mo.

At 37% of local median household income ($68,235/yr), ZIP 38655 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 3.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 38655?

As of July 20, 2026, the median monthly rent in ZIP 38655 (Oxford, MS) is $2,088. This is based on aggregated data from public sources and community submissions.

How does ZIP 38655 rent compare to the US average?

ZIP 38655's median rent of $2,088/mo is $123 (6%) above the US national median of $1,965/mo.

How does ZIP 38655 compare to other ZIPs in Mississippi?

ZIP 38655 is one of the pricier ZIP codes in Mississippi, ranking #5 out of 38 ZIPs tracked at $2,088/mo.

How much income do you need to rent in ZIP 38655?

To keep rent at or below 30% of gross income, you would need to earn at least $84,000/year (~$40/hour full-time) to afford the median rent of $2,088/mo in ZIP 38655. The local median household income is $68,235/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 38655?

Rent in ZIP 38655 has decreased 3.8% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 38655 an affordable place to rent?

ZIP 38655 is considered moderate for renters. At $2,088/mo, rent takes approximately 37% of the local median household income ($68,235/yr). The standard benchmark is 30%. ZIP 38655 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 38655 residents rent vs. own?

According to Census data, approximately 39.6% of ZIP 38655 households are renters, while 60.4% are owner-occupied. ZIP 38655 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 38655 compare to the rest of Oxford?

ZIP 38655 is more affordable than Oxford overall. At $2,088/mo, it's $20 below the Oxford citywide median of $2,108/mo.

When was rent data for ZIP 38655 last updated?

Rent data for ZIP 38655 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
37%
MODERATE

At $2,088/mo, rent takes ~37% of ZIP 38655's median household income ($68,235/yr). The standard benchmark is 30%.

ZIP 38655 37%Benchmark 30%
State income tax4.7%
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Schools nearby

Public schools near ZIP 38655 (Oxford, MS)

Recent submissions

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