Horn Lake, 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 Horn Lake, Mississippi rental market.
Horn Lake, Mississippi
Average Apartment Rent
$1,364
Y-o-Y Change in Average
Apartment Rent
0.6%
As of May 2026
Compared to a year ago, Horn Lake, Mississippi apartments have recorded a 0.6% rent increase.
Horn Lake, Mississippi Average apartment rent trend
Horn Lake, Mississippi Average Apartment Rent
Horn Lake, Mississippi Apartment rent ranges
At 76.26%, apartments priced $1,000 - $1,500 represent the bulk of Horn Lake, Mississippi rentals, while condos priced Under $1,000 hold the lowest share of the market – 1.35%.
Horn Lake, Mississippi Housing tenure**
Renters take up 41% of Horn Lake, Mississippi real estate, occupying a total of 4,116 units, while homeowners live in 5,882 properties.
Median number of rooms of renter-occupied housing units**
5
Renter median household income**
$54,783
Average household size of renter-occupied housing units**
2.77
Rental vacancy rate**
6.4%
Horn Lake, Mississippi Renter-occupied housing units by no. of bedrooms**
There are 2,224 rentals in Horn Lake, Mississippi with 3 beds making up the highest share of the market, at 54%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 29 units. Overall, the median number of rooms in Horn Lake, Mississippi homes for rent is 5.
Horn Lake, Mississippi Renter-occupied units by age of householder**
Most condos for rent in Horn Lake, Mississippi are occupied by residents in the 25 - 34 years age group (35%), followed by those in the 45 - 54 years age group (20%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.
Horn Lake, Mississippi Renter-occupied housing units by family type**
Horn Lake, Mississippi Renter-occupied housing units by the presence of own children**
A total of 2,852 apartments for rent in Horn Lake, Mississippi, or 69% of all rentals are family households. Additionally, 42% of rental homes include children under the age of 18 – that’s 1,728 units. All in all, the median size of a renter-occupied household in Horn Lake, Mississippi is 2.77.
Horn Lake, Mississippi Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 17% of the rental market. In contrast, residents with less than a high school degree reside in 16% of the homes for rent in Horn Lake, Mississippi.
Horn Lake, Mississippi Renter-occupied units by year structure built**
The highest share of Horn Lake, Mississippi apartment rentals, namely 27% or 1,106 units, were Built 1990 - 1999, followed by those Built 2000 - 2009 (21%, 847 units), and the ones Built 1980 - 1989 (20%, 803 units).
Horn Lake, Mississippi Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Horn Lake, Mississippi renters (45%) moved in 2010 to 2017, while only 5% of them moved in 2021 or later. Overall, the median year renters have occupied their Horn Lake, Mississippi condos for rent is 2018.
Horn Lake, Mississippi Renter-occupied housing units by vehicles available**
When it comes to transportation options, 41% of Horn Lake, Mississippi renters have 2 vehicles available per household, 37% of them have 1 vehicle available, and 11% have 3 vehicles available.
Horn Lake, Mississippi Means of transportation to work of householders living in renter-occupied housing units**
Horn Lake, 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 Horn Lake, 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
