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ZIP Code · MS

ZIP 39232

Part of Flowood, MS
Pop. 9,222·Rankin County·15th most expensive ZIP in Mississippi
Median rent (all units)
$1,515/mo
Year-over-Year
-4.4%
Month-over-Month
-0.5%
vs US Median
-$450
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 39232 · $1,515
More affordable than 72% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,440
1 BR
$1,450
2 BR
$1,700
3 BR
$2,040
4 BR+
$2,250
Research median
$1,700/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
$18,180/yr
At $1,515/mo median
Location
StateMS
CountyRankin County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 4.4% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-4.4% YoY, -0.5% MoM), not inventory.
Demographics

Who lives here

ZIP 39232 (Flowood, MS) is roughly split between renters and owners, 55.9% of residents hold a bachelor's degree or higher.

Population
9,222
Median income
$82,931
Median age
39.1
Renters
50.8%
Age distribution
21.4%
23.8%
28.5%
12.6%
13.8%
Under 1821.4%
18–3423.8%
35–5428.5%
55–6412.6%
65+13.8%
Gender
46.4%
53.6%
Male46.4%
Female53.6%
Race & ethnicity
72.7%
17.6%
White72.7%
Black17.6%
Hispanic4.5%
Asian3%
Other2.2%
Education (25+)
31.6%
55.9%
No HS diploma2.7%
HS diploma9.8%
Some college31.6%
Bachelor's+55.9%
Housing tenure
49.2%
50.8%
Owner49.2%
Renter50.8%

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

2021 vs 2026

How ZIP 39232 in Flowood, MS has changed in 5 years

Income
$72,468 → $82,931
up 14.4%
Population
9,097 → 9,222
up 1.4%
Renter share
45.1% → 50.8%
+5.7 pts
Bachelor's+
51.2% → 55.9%
+4.7 pts
Median age
35 → 39.1
+4.1 yrs

Median household income climbed from $72,468 to $82,931 between 2021 and 2024, a 14.4% shift. Census counts show ZIP 39232 in Flowood, MS adding about 125 residents over the five-year window, up 1.4% on net. The renter share has risen from 45.1% to 50.8%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 51.2% to 55.9% across the same window.

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Local insights

Tips for renters in ZIP 39232

About renting in ZIP 39232

Last updated: July 20, 2026

ZIP code 39232 covers Flowood, MS. The median rent here is $1,515/mo as of July 2026. A 1-bedroom rents for a median of $1,450/mo. A 2-bedroom rents for a median of $1,700/mo.

At 22% of local median household income ($82,931/yr), ZIP 39232 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 4.4% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 39232?

As of July 20, 2026, the median monthly rent in ZIP 39232 (Flowood, MS) is $1,515. This is based on aggregated data from public sources and community submissions.

How does ZIP 39232 rent compare to the US average?

ZIP 39232's median rent of $1,515/mo is $450 (23%) below the US national median of $1,965/mo.

How does ZIP 39232 compare to other ZIPs in Mississippi?

ZIP 39232 falls in the middle range for Mississippi, ranking #15 out of 38 ZIPs at $1,515/mo.

How much income do you need to rent in ZIP 39232?

To keep rent at or below 30% of gross income, you would need to earn at least $61,000/year (~$29/hour full-time) to afford the median rent of $1,515/mo in ZIP 39232. The local median household income is $82,931/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 39232?

Rent in ZIP 39232 has decreased 4.4% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 39232 an affordable place to rent?

ZIP 39232 is considered very affordable for renters. At $1,515/mo, rent takes approximately 22% of the local median household income ($82,931/yr). The standard benchmark is 30%. ZIP 39232 falls comfortably within that range.

What percentage of ZIP 39232 residents rent vs. own?

According to Census data, approximately 50.8% of ZIP 39232 households are renters, while 49.2% are owner-occupied. With a majority renter population, ZIP 39232 has a strong rental market.

How does ZIP 39232 compare to the rest of Flowood?

ZIP 39232 sits right at the Flowood citywide median of $1,515/mo.

When was rent data for ZIP 39232 last updated?

Rent data for ZIP 39232 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
22%
VERY AFFORDABLE

At $1,515/mo, rent takes ~22% of ZIP 39232's median household income ($82,931/yr). The standard benchmark is 30%.

ZIP 39232 22%Benchmark 30%
State income tax4.7%
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Schools nearby

Public schools near ZIP 39232 (Flowood, MS)

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