ZIP Code · MS

ZIP 38672

Pop. 16,436·DeSoto County·1st most expensive ZIP in Mississippi
Median rent (all units)
$2,436/mo
Year-over-Year
Stable
Month-over-Month
+2.4%
vs US Median
+$485
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 38672 · $2,436
More expensive than 78% of US ZIP codes · National median $1,951/mo
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Medians by bedroom

Rent by unit size

Studio
$1,590
1 BR
$1,730
2 BR
$1,910
3 BR
$2,520
4 BR+
$2,940
Research median
$1,910/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: June 22, 2026

Annual cost
$29,232/yr
At $2,436/mo median
Location
StateMS
CountyDeSoto County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+0.0% YoY, +2.4% MoM), not inventory.
Demographics

Who lives here

ZIP 38672 (Southaven, MS) is majority owner-occupied, has a median income above the national average, 40.7% of residents hold a bachelor's degree or higher.

Population
16,436
Median income
$116,184
Median age
38.9
Renters
11.6%
Age distribution
22.7%
17.9%
30.8%
16%
12.6%
Under 1822.7%
18–3417.9%
35–5430.8%
55–6416%
65+12.6%
Gender
49.2%
50.8%
Male49.2%
Female50.8%
Race & ethnicity
56.6%
33.5%
White56.6%
Black33.5%
Hispanic5.2%
Asian2.7%
Other2%
Education (25+)
25%
30.1%
40.7%
No HS diploma4.3%
HS diploma25%
Some college30.1%
Bachelor's+40.7%
Housing tenure
88.4%
Owner88.4%
Renter11.6%

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

2021 vs 2026

How ZIP 38672 in Southaven, MS has changed in 5 years

Income
$104,853 → $116,184
up 10.8%
Population
15,839 → 16,436
up 3.8%
Renter share
6.1% → 11.6%
+5.5 pts
Bachelor's+
36.1% → 40.7%
+4.6 pts
Median age
40.6 → 38.9
-1.7 yrs

Local incomes tracked alongside that move, going from a median of $104,853 in 2021 to $116,184 more recently. The population has grown by 3.8% since 2021, moving from about 15,839 residents to roughly 16,436. Renters now make up 11.6% of households, compared with 6.1% five years ago. College-educated residents now make up 40.7% of adults here, versus 36.1% in 2021.

Community

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Local insights

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About renting in ZIP 38672

Last updated: June 22, 2026

ZIP code 38672 covers Southaven, MS. The median rent here is $2,436/mo as of June 2026. A 1-bedroom rents for a median of $1,730/mo. A 2-bedroom rents for a median of $1,910/mo.

At 25% of local median household income ($116,184/yr), ZIP 38672 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 38672?

As of June 22, 2026, the median monthly rent in ZIP 38672 (Southaven, MS) is $2,436. This is based on aggregated data from public sources and community submissions.

How does ZIP 38672 rent compare to the US average?

ZIP 38672's median rent of $2,436/mo is $485 (25%) above the US national median of $1,951/mo.

How does ZIP 38672 compare to other ZIPs in Mississippi?

ZIP 38672 is one of the pricier ZIP codes in Mississippi, ranking #1 out of 39 ZIPs tracked at $2,436/mo.

How much income do you need to rent in ZIP 38672?

To keep rent at or below 30% of gross income, you would need to earn at least $97,000/year (~$47/hour full-time) to afford the median rent of $2,436/mo in ZIP 38672. The local median household income is $116,184/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 38672?

Rent in ZIP 38672 has been relatively stable over the past year, with a 0.0% change year over year as of June 22, 2026.

Is ZIP 38672 an affordable place to rent?

ZIP 38672 is considered affordable for renters. At $2,436/mo, rent takes approximately 25% of the local median household income ($116,184/yr). The standard benchmark is 30%. ZIP 38672 falls comfortably within that range.

What percentage of ZIP 38672 residents rent vs. own?

According to Census data, approximately 11.6% of ZIP 38672 households are renters, while 88.4% are owner-occupied. ZIP 38672 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 38672 compare to the rest of Southaven?

ZIP 38672 is pricier than Southaven as a whole. At $2,436/mo, it's $864 above the Southaven citywide median of $1,572/mo.

When was rent data for ZIP 38672 last updated?

Rent data for ZIP 38672 reflects June 22, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
25%
AFFORDABLE

At $2,436/mo, rent takes ~25% of ZIP 38672's median household income ($116,184/yr). The standard benchmark is 30%.

ZIP 38672 25%Benchmark 30%
State income tax4.7%
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Schools nearby

Public schools near ZIP 38672 (Southaven, MS)

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