What is the median rent in Water Valley, MS?
The median gross rent in Water Valley, MS is $606 (±$88) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 572 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Water Valley, the median gross rent went from $516 in 2015–2019 to $606 in 2020–2024 (+17.4%).
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
- $606 (±$88)
- Rented homes
- 572 (±172)
- $2,000 or more
- 3.7%
- Since 2015–2019
- +17.4%
How much rent costs in Water Valley
| Monthly gross rent | Water Valley | Yalobusha County | Mississippi | United States |
|---|---|---|---|---|
| Less than $500 | 31.8% (±17.6 points) | 21.6% | 12.5% | 6.3% |
| $500 to $999 | 42.0% (±15.9 points) | 55.5% | 42.3% | 20.2% |
| $1,000 to $1,499 | 20.3% (±12.2 points) | 19.1% | 32.8% | 28.1% |
| $1,500 to $1,999 | 2.3% (±4.3 points) | 1.1% | 9.3% | 21.1% |
| $2,000 to $2,499 | 0.0% (±7.6 points) | 1.1% | 2.2% | 12.0% |
| $2,500 to $2,999 | 0.0% (±7.6 points) | 0.0% | 0.4% | 5.5% |
| $3,000 or more | 3.7% (±3.8 points) | 1.7% | 0.6% | 6.8% |
The most common range is $500 to $999, paid by 42.0% of renting households.
3.7% of rented homes in Water Valley cost $2,000 or more a month.
Water Valley against Yalobusha County, its state and the nation
| Water Valley | Yalobusha County | Mississippi | United States | |
|---|---|---|---|---|
| Median gross rent | $606 (±$88) | $667 (±$46) | $954 (±$8) | $1,413 |
| Rented homes paying rent | 572 (±172) | 1,232 (±244) | 303,558 (±4,274) | 42,849,984 |
In Water Valley, median gross rent is not measurably different from Yalobusha County ($667).
It is also lower than in Mississippi ($954).
It is lower than the national figure ($1,413).
Statewide, it ranks 225 of 280.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Water Valley has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $516 (±$265) | $606 (±$88) | +17.4% | No measurable change after inflation |
| Households that rent | 40.4% (±7.4 points) | 51.2% (±10.1 points) | +10.8 percentage points | Not a measurable change |
| Rental vacancy rate | 28.0% (±11.7 points) | 26.6% (±12.5 points) | −1.4 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 Water Valley
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Water Valley | — | $606 (±$88) | — |
| Taylor | 7.9 mi | $1,021 (±$365) | Higher |
| Coffeeville | 13 mi | $670 (±$32) | Not measurably different |
| Oxford | 14 mi | $1,071 (±$65) | Higher |
| Pope | 18 mi | $938 (±$165) | Higher |
| Courtland | 19 mi | $925 (±$210) | Higher |
| Batesville | 20 mi | $895 (±$81) | Higher |
| Bruce | 20 mi | $643 (±$62) | Not measurably different |
| Toccopola | 24 mi | $975 (±$138) | Higher |
Nearby places with a measurably higher figure: Taylor, MS ($1,021), Oxford, MS ($1,071), Pope, MS ($938).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
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 Water Valley
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 Water Valley, 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 Water Valley beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Water Valley, and send estimates and invoices from your phone.
Questions about Water Valley
What is the average rent in Water Valley, MS?
The Census Bureau publishes the median rather than the average: the median gross rent in Water Valley is $606 (±$88) 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 Water Valley?
In Water Valley, the median gross rent went from $516 in 2015–2019 to $606 in 2020–2024 (+17.4%).
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 Water Valley cost more than $2,000 a month?
3.7% of rented homes in Water Valley have a gross rent of $2,000 or more a month, and 31.8% cost less than $500.
Is rent in Water Valley higher than in Yalobusha County?
In Water Valley, median gross rent is not measurably different from Yalobusha County ($667).
It is also lower than in 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 — Water Valley city, Mississippi
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Water Valley city, Mississippi
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Water Valley 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 Water Valley city, Mississippi (place:78000, 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 Water Valley at a glance
- Rent by bedrooms in Water Valley
- Rent burden in Water Valley
- Renters and owners in Water Valley
- Income and affordability in Water Valley
- Home values in Water Valley
- Homeowner costs in Water Valley
- Property taxes in Water Valley
- Types of homes in Water Valley
- Bedrooms in Water Valley
- Age of homes in Water Valley
- Vacancy rate in Water Valley
- Heating fuel in Water Valley
- Commute and cars in Water Valley
- Crime reported to police in Water Valley
- Population growth in Water Valley
- How long people stay in Water Valley
- Mississippi landlord and tenant rules
- Housing across Yalobusha County
- Mississippi places ranked by median rent
- Housing data for every place in Mississippi