Ocean Springs, Mississippi Rental Market Trends

Disclaimer:

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 Ocean Springs, Mississippi rental market.

Ocean Springs, Mississippi

Average Apartment Rent

$1,354

Y-o-Y Change in Average
Apartment Rent

-0%

As of May 2026

Compared to a year ago, Ocean Springs, Mississippi apartments have recorded a -0% rent decrease.

Ocean Springs, Mississippi Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Ocean Springs $1,337 $1,304 $1,292 $1,327 $1,369 $1,350 $1,363 $1,362 $1,390
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Ocean Springs
National
Jul 2023
$1,337
$1,741
Nov 2023
$1,304
$1,732
Mar 2024
$1,292
$1,736
Jul 2024
$1,327
$1,756
Nov 2024
$1,369
$1,749
Mar 2025
$1,350
$1,755
Jul 2025
$1,363
$1,767
Nov 2025
$1,362
$1,753
Mar 2026
$1,390
$1,750

Ocean Springs, Mississippi Average Apartment Rent

Ocean Springs, Mississippi Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 60.37%, apartments priced $1,000 - $1,500 represent the bulk of Ocean Springs, Mississippi rentals, while condos priced $2,000 - $2,500 hold the lowest share of the market – 6.71%.

Ocean Springs, Mississippi Housing tenure**

Renter occupied housing units 2,373
Owner occupied housing units 5,529

Renters take up 30% of Ocean Springs, Mississippi real estate, occupying a total of 2,373 units, while homeowners live in 5,529 properties.

Median number of rooms of renter-occupied housing units**

4.7

Renter median household income**

$43,180

Average household size of renter-occupied housing units**

2.12

Rental vacancy rate**

1.2%

Ocean Springs, Mississippi Renter-occupied housing units by no. of bedrooms**

No bedrooms 167
1 bed 284
2 beds 901
3 beds 856
4 beds 113
5 or more beds 52

There are 901 rentals in Ocean Springs, Mississippi with 2 beds making up the highest share of the market, at 38%. Units with 5 or more beds, on the other hand, hold the lowest percentage (2%), amounting to 52 units. Overall, the median number of rooms in Ocean Springs, Mississippi homes for rent is 4.7.

Ocean Springs, Mississippi Renter-occupied units by age of householder**

15 - 24 years 130
25 - 34 years 583
35 - 44 years 529
45 - 54 years 439
55 - 59 years 219
60 - 64 years 40
65 - 74 years 191
75 - 84 years 141
85 years and over 101

Most condos for rent in Ocean Springs, Mississippi are occupied by residents in the 25 - 34 years age group (25%), followed by those in the 35 - 44 years age group (22%). At the same time, people in the 60 - 64 years age group make up the lowest share of the local rental market – 2%.

Ocean Springs, Mississippi Renter-occupied housing units by family type**

Family households 1,079
Non-Family Households 1,294

Ocean Springs, Mississippi Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 730
No related children of the householder under 18 1,643

A total of 1,079 apartments for rent in Ocean Springs, Mississippi, or 45% of all rentals are family households. Additionally, 31% of rental homes include children under the age of 18 – that’s 730 units. All in all, the median size of a renter-occupied household in Ocean Springs, Mississippi is 2.12.

Ocean Springs, Mississippi Renter-occupied housing units by educational attainment**

Less than high school graduate 126
High school graduate (including equivalency) 528
Some college or associate's degree 862
Bachelor's degree or higher 857

In terms of education, renters holding bachelor degrees or higher make up 36% of the rental market. In contrast, residents with less than a high school degree reside in 5% of the homes for rent in Ocean Springs, Mississippi.

Ocean Springs, Mississippi Renter-occupied units by year structure built**

Built 2010 - 2019 136
Built 2000 - 2009 566
Built 1990 - 1999 220
Built 1980 - 1989 136
Built 1970 - 1979 645
Built 1960 - 1969 380
Built 1950 - 1959 120
Built 1940 - 1949 43
Built 1939 or earlier 127

The highest share of Ocean Springs, Mississippi apartment rentals, namely 27% or 645 units, were Built 1970 - 1979, followed by those Built 2000 - 2009 (24%, 566 units), and the ones Built 1960 - 1969 (16%, 380 units).

Ocean Springs, Mississippi Renter-occupied units by year householder moved in**

Moved in 2021 or later 413
Moved in 2018 to 2020 1,107
Moved in 2010 to 2017 740
Moved in 2000 to 2009 98
Moved in 1989 or earlier 15

Ocean Springs, Mississippi Renter-occupied housing units by vehicles available**

No vehicle available 184
1 vehicle available 1,404
2 vehicles available 538
3 vehicles available 199
4 or more vehicles available 48

When it comes to transportation options, 59% of Ocean Springs, Mississippi renters have 1 vehicle available per household, 23% of them have 2 vehicles available, and 8% have 3 vehicles available.

Ocean Springs, Mississippi Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 2,045
Car, truck, or van - carpooled 193
Worked at home 248

Ocean Springs, Mississippi Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 3,205
Moved within same county 1,389
Moved from different county within same state 119
Moved from different state 311

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 Ocean Springs, 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

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