Pearl, 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 Pearl, Mississippi rental market.
Pearl, Mississippi
Average Apartment Rent
$1,272
Y-o-Y Change in Average
Apartment Rent
3%
As of March 2026
Compared to a year ago, Pearl, Mississippi apartments have recorded a 3% rent increase.
Pearl, Mississippi Average apartment rent trend
Pearl, Mississippi Average Apartment Rent
Pearl, Mississippi Apartment rent ranges
At 64.23%, apartments priced $1,000 - $1,500 represent the bulk of Pearl, Mississippi rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 14.62%.
Pearl, Mississippi Housing tenure**
Renters take up 39% of Pearl, Mississippi real estate, occupying a total of 4,292 units, while homeowners live in 6,712 properties.
Median number of rooms of renter-occupied housing units**
4.5
Renter median household income**
$41,426
Average household size of renter-occupied housing units**
2.5
Rental vacancy rate**
8.8%
Pearl, Mississippi Renter-occupied housing units by no. of bedrooms**
There are 1,908 rentals in Pearl, Mississippi with 2 beds making up the highest share of the market, at 44%. Units with No bedrooms, on the other hand, hold the lowest percentage (1%), amounting to 49 units. Overall, the median number of rooms in Pearl, Mississippi homes for rent is 4.5.
Pearl, Mississippi Renter-occupied units by age of householder**
Most condos for rent in Pearl, Mississippi are occupied by residents in the 25 - 34 years age group (41%), followed by those in the 35 - 44 years age group (23%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 1%.
Pearl, Mississippi Renter-occupied housing units by family type**
Pearl, Mississippi Renter-occupied housing units by the presence of own children**
A total of 2,407 apartments for rent in Pearl, Mississippi, or 56% of all rentals are family households. Additionally, 43% of rental homes include children under the age of 18 – that’s 1,836 units. All in all, the median size of a renter-occupied household in Pearl, Mississippi is 2.5.
Pearl, Mississippi Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 25% of the rental market. In contrast, residents with less than a high school degree reside in 14% of the homes for rent in Pearl, Mississippi.
Pearl, Mississippi Renter-occupied units by year structure built**
The highest share of Pearl, Mississippi apartment rentals, namely 25% or 1,063 units, were Built 1990 - 1999, followed by those Built 1970 - 1979 (21%, 888 units), and the ones Built 1960 - 1969 (18%, 780 units).
Pearl, Mississippi Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Pearl, Mississippi renters (43%) moved in 2018 to 2020, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Pearl, Mississippi condos for rent is 2018.
Pearl, Mississippi Renter-occupied housing units by vehicles available**
When it comes to transportation options, 52% of Pearl, Mississippi renters have 1 vehicle available per household, 28% of them have 2 vehicles available, and 8% have 3 vehicles available.
Pearl, Mississippi Means of transportation to work of householders living in renter-occupied housing units**
Pearl, 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 Pearl, 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