What is the median rent in New Hope, MS?
The median gross rent in New Hope, MS is $989 (±$283) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 276 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In New Hope, the median gross rent went from $804 in 2015–2019 to $989 in 2020–2024 (+23.0%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median gross rent
- $989 (±$283)
- Rented homes
- 276 (±142)
- $2,000 or more
- 0.0%
- Since 2015–2019
- +23.0%
How much rent costs in New Hope
| Monthly gross rent | New Hope | Lowndes County | Mississippi | United States |
|---|---|---|---|---|
| Less than $500 | 0.0% (±15.0 points) | 10.2% | 12.5% | 6.3% |
| $500 to $999 | 50.4% (±29.4 points) | 47.6% | 42.3% | 20.2% |
| $1,000 to $1,499 | 43.8% (±29.3 points) | 33.5% | 32.8% | 28.1% |
| $1,500 to $1,999 | 5.8% (±8.3 points) | 6.3% | 9.3% | 21.1% |
| $2,000 to $2,499 | 0.0% (±15.0 points) | 1.4% | 2.2% | 12.0% |
| $2,500 to $2,999 | 0.0% (±15.0 points) | 1.0% | 0.4% | 5.5% |
| $3,000 or more | 0.0% (±15.0 points) | 0.0% | 0.6% | 6.8% |
The most common range is $500 to $999, paid by 50.4% of renting households.
0.0% of rented homes in New Hope cost $2,000 or more a month.
New Hope against Lowndes County, its state and the nation
| New Hope | Lowndes County | Mississippi | United States | |
|---|---|---|---|---|
| Median gross rent | $989 (±$283) | $930 (±$43) | $954 (±$8) | $1,413 |
| Rented homes paying rent | 276 (±142) | 7,800 (±566) | 303,558 (±4,274) | 42,849,984 |
In New Hope, median gross rent is not measurably different from Lowndes County ($930).
It is not measurably different from Mississippi ($954).
It is lower than the national figure ($1,413).
In Lowndes County, New Hope ranks 3 of 6 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 66 of 280.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in New Hope has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $804 (±$501) | $989 (±$283) | +23.0% | No measurable change after inflation |
| Households that rent | 8.4% (±4.4 points) | 20.2% (±9.0 points) | +11.8 percentage points | Measurable increase |
| Rental vacancy rate | 9.5% (±14.3 points) | 0.0% (±15.0 points) | −9.5 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median gross rent in places near New Hope
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| New Hope | — | $989 (±$283) | — |
| Columbus | 5.1 mi | $897 (±$49) | Not measurably different |
| Columbus AFB | 13 mi | $1,500 (±$187) | Higher |
| Pickensville | 16 mi | $817 (±$233) | Not measurably different |
| Caledonia | 16 mi | $1,042 (±$143) | Not measurably different |
| Millport | 16 mi | $650 (±$212) | Not measurably different |
| Artesia | 17 mi | $397 (±$370) | Lower |
| Crawford | 19 mi | $880 (±$137) | Not measurably different |
| Reform | 20 mi | $400 (±$82) | Lower |
Nearby places with a measurably lower figure: Artesia, MS ($397), Reform, AL ($400).
Nearby places with a measurably higher figure: Columbus AFB, MS ($1,500).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Lowndes County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | Columbus AFB | $1,500 (±$187) |
| 2 | Caledonia | $1,042 (±$143) |
| 3 | New Hope | $989 (±$283) |
| 4 | Columbus | $897 (±$49) |
| 5 | Crawford | $880 (±$137) |
| 6 | Artesia | $397 (±$370) |
New Hope is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about New Hope
What is the average rent in New Hope, MS?
The Census Bureau publishes the median rather than the average: the median gross rent in New Hope is $989 (±$283) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in New Hope?
In New Hope, the median gross rent went from $804 in 2015–2019 to $989 in 2020–2024 (+23.0%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
How many rentals in New Hope cost more than $2,000 a month?
0.0% of rented homes in New Hope have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.
Is rent in New Hope higher than in Lowndes County?
In New Hope, median gross rent is not measurably different from Lowndes County ($930).
It is not measurably different from Mississippi ($954).
It is lower than the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — New Hope CDP, Mississippi
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — New Hope CDP, Mississippi
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — New Hope CDP, Mississippi
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for New Hope CDP, Mississippi (place:51400, in state:28).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in New Hope at a glance
- Renters and owners in New Hope
- Income and affordability in New Hope
- Home values in New Hope
- Homeowner costs in New Hope
- Property taxes in New Hope
- Types of homes in New Hope
- Age of homes in New Hope
- Heating fuel in New Hope
- Commute and cars in New Hope
- Population growth in New Hope
- How long people stay in New Hope
- Mississippi landlord and tenant rules
- Housing across Lowndes County
- Mississippi places ranked by median rent
- Housing data for every place in Mississippi