What is the median rent in Olive Branch, MS?
The median gross rent in Olive Branch, MS is $1,829 (±$153) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 2,727 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Olive Branch, the median gross rent went from $1,164 in 2015–2019 to $1,829 in 2020–2024 (+57.1%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median gross rent
- $1,829 (±$153)
- Rented homes
- 2,727 (±524)
- $2,000 or more
- 41.1%
- Since 2015–2019
- +57.1%
How much rent costs in Olive Branch
| Monthly gross rent | Olive Branch | DeSoto County | Mississippi | United States |
|---|---|---|---|---|
| Less than $500 | 1.8% (±2.1 points) | 3.3% | 12.5% | 6.3% |
| $500 to $999 | 6.2% (±4.4 points) | 9.7% | 42.3% | 20.2% |
| $1,000 to $1,499 | 24.9% (±9.1 points) | 43.1% | 32.8% | 28.1% |
| $1,500 to $1,999 | 26.0% (±9.6 points) | 27.6% | 9.3% | 21.1% |
| $2,000 to $2,499 | 31.8% (±11.0 points) | 12.8% | 2.2% | 12.0% |
| $2,500 to $2,999 | 3.8% (±4.9 points) | 1.8% | 0.4% | 5.5% |
| $3,000 or more | 5.5% (±4.6 points) | 1.8% | 0.6% | 6.8% |
The most common range is $2,000 to $2,499, paid by 31.8% of renting households.
41.1% of rented homes in Olive Branch cost $2,000 or more a month.
Olive Branch against DeSoto County, its state and the nation
| Olive Branch | DeSoto County | Mississippi | United States | |
|---|---|---|---|---|
| Median gross rent | $1,829 (±$153) | $1,451 (±$33) | $954 (±$8) | $1,413 |
| Rented homes paying rent | 2,727 (±524) | 14,933 (±1,038) | 303,558 (±4,274) | 42,849,984 |
In Olive Branch, median gross rent is higher than in DeSoto County ($1,451).
It is also higher than in Mississippi ($954).
It is higher than the national figure ($1,413).
In DeSoto County, Olive Branch ranks 2 of 6 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 4 of 280.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Olive Branch has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $1,164 (±$53) | $1,829 (±$153) | +57.1% | Up after inflation |
| Households that rent | 20.9% (±2.5 points) | 17.7% (±3.1 points) | −3.2 percentage points | Not a measurable change |
| Rental vacancy rate | 9.3% (±4.9 points) | 5.2% (±3.6 points) | −4.1 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 Olive Branch
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Olive Branch | — | $1,829 (±$153) | — |
| Southaven | 7.7 mi | $1,445 (±$50) | Lower |
| Germantown | 9.3 mi | $1,816 (±$120) | Not measurably different |
| Collierville | 10 mi | $1,691 (±$84) | Not measurably different |
| Byhalia | 10 mi | $439 (±$346) | Lower |
| Hernando | 11 mi | $1,302 (±$387) | Lower |
| Horn Lake | 12 mi | $1,435 (±$35) | Lower |
| Memphis | 13 mi | $1,181 (±$12) | Lower |
| Piperton | 15 mi | $1,083 (±$496) | Lower |
Nearby places with a measurably lower figure: Southaven, MS ($1,445), Byhalia, MS ($439), Hernando, MS ($1,302).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across DeSoto County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | Lynchburg | $1,915 (±$466) |
| 2 | Olive Branch | $1,829 (±$153) |
| 3 | Southaven | $1,445 (±$50) |
| 4 | Horn Lake | $1,435 (±$35) |
| 5 | Hernando | $1,302 (±$387) |
| 6 | Walls | $1,200 (±$99) |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Olive Branch
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Olive Branch, save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Olive Branch beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Olive Branch, and send estimates and invoices from your phone.
Questions about Olive Branch
What is the average rent in Olive Branch, MS?
The Census Bureau publishes the median rather than the average: the median gross rent in Olive Branch is $1,829 (±$153) 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 Olive Branch?
In Olive Branch, the median gross rent went from $1,164 in 2015–2019 to $1,829 in 2020–2024 (+57.1%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
How many rentals in Olive Branch cost more than $2,000 a month?
41.1% of rented homes in Olive Branch have a gross rent of $2,000 or more a month, and 1.8% cost less than $500.
Is rent in Olive Branch higher than in DeSoto County?
In Olive Branch, median gross rent is higher than in DeSoto County ($1,451).
It is also higher than in Mississippi ($954).
It is higher 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 — Olive Branch city, Mississippi
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Olive Branch city, Mississippi
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Olive Branch city, 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 Olive Branch city, Mississippi (place:54040, 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 Olive Branch at a glance
- Rent by bedrooms in Olive Branch
- Rent burden in Olive Branch
- Renters and owners in Olive Branch
- Income and affordability in Olive Branch
- Home values in Olive Branch
- Homeowner costs in Olive Branch
- Property taxes in Olive Branch
- Types of homes in Olive Branch
- Bedrooms in Olive Branch
- Age of homes in Olive Branch
- Vacancy rate in Olive Branch
- Heating fuel in Olive Branch
- Commute and cars in Olive Branch
- Crime reported to police in Olive Branch
- Population growth in Olive Branch
- How long people stay in Olive Branch
- Crowding and facilities in Olive Branch
- Fair Market Rent in Olive Branch
- Mississippi landlord and tenant rules
- Housing across DeSoto County
- Mississippi places ranked by median rent
- Housing data for every place in Mississippi