Flowood, Mississippi Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Flowood, Mississippi rental market.
Flowood, Mississippi
Average Apartment Rent
$1,549
Y-o-Y Change in Average
Apartment Rent
2.9%
As of May 2026
Compared to a year ago, Flowood, Mississippi apartments have recorded a 2.9% rent increase.
Flowood, Mississippi Average apartment rent trend
Flowood, Mississippi Average Apartment Rent
Flowood, Mississippi Apartment rent ranges
At 53.79%, apartments priced $1,000 - $1,500 represent the bulk of Flowood, Mississippi rentals, while condos priced $2,000 - $2,500 hold the lowest share of the market – 15.05%.
Flowood, Mississippi Housing tenure**
Renters take up 47% of Flowood, Mississippi real estate, occupying a total of 1,909 units, while homeowners live in 2,164 properties.
Median number of rooms of renter-occupied housing units**
4.1
Renter median household income**
$67,875
Average household size of renter-occupied housing units**
2.35
Rental vacancy rate**
3.5%
Flowood, Mississippi Renter-occupied housing units by no. of bedrooms**
There are 1,135 rentals in Flowood, Mississippi with 2 beds making up the highest share of the market, at 59%. Units with 1 bed, on the other hand, hold the lowest percentage (17%), amounting to 334 units. Overall, the median number of rooms in Flowood, Mississippi homes for rent is 4.1.
Flowood, Mississippi Renter-occupied units by age of householder**
Most condos for rent in Flowood, Mississippi are occupied by residents in the 25 - 34 years age group (37%), followed by those in the 35 - 44 years age group (18%). At the same time, people in the 60 - 64 years age group make up the lowest share of the local rental market – 3%.
Flowood, Mississippi Renter-occupied housing units by family type**
Flowood, Mississippi Renter-occupied housing units by the presence of own children**
A total of 963 apartments for rent in Flowood, Mississippi, or 50% of all rentals are family households. Additionally, 34% of rental homes include children under the age of 18 – that’s 658 units. All in all, the median size of a renter-occupied household in Flowood, Mississippi is 2.35.
Flowood, Mississippi Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 60% of the rental market. In contrast, residents with less than a high school degree reside in 4% of the homes for rent in Flowood, Mississippi.
Flowood, Mississippi Renter-occupied units by year structure built**
The highest share of Flowood, Mississippi apartment rentals, namely 28% or 542 units, were Built 2000 - 2009, followed by those Built 1980 - 1989 (24%, 463 units), and the ones Built 1990 - 1999 (20%, 376 units).
Flowood, Mississippi Renter-occupied units by year householder moved in**
Median year renter moved into unit 2019
Most Flowood, Mississippi renters (45%) moved in 2018 to 2020, while only 1% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Flowood, Mississippi condos for rent is 2019.
Flowood, Mississippi Renter-occupied housing units by vehicles available**
When it comes to transportation options, 55% of Flowood, Mississippi renters have 1 vehicle available per household, 40% of them have 2 vehicles available, and 3% have No vehicle available.
Flowood, Mississippi Means of transportation to work of householders living in renter-occupied housing units**
Flowood, Mississippi Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Flowood, Mississippi apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
