Ridgeland, 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 Ridgeland, Mississippi rental market.
Ridgeland, Mississippi
Average Apartment Rent
$1,298
Y-o-Y Change in Average
Apartment Rent
0.7%
As of May 2026
Compared to a year ago, Ridgeland, Mississippi apartments have recorded a 0.7% rent increase.
Ridgeland, Mississippi Average apartment rent trend
Ridgeland, Mississippi Average Apartment Rent
Ridgeland, Mississippi Apartment rent ranges
At 75.34%, apartments priced $1,000 - $1,500 represent the bulk of Ridgeland, Mississippi rentals, while condos priced $2,000 - $2,500 hold the lowest share of the market – 1.74%.
Ridgeland, Mississippi Housing tenure**
Renters take up 51% of Ridgeland, Mississippi real estate, occupying a total of 5,434 units, while homeowners live in 5,129 properties.
Median number of rooms of renter-occupied housing units**
3.9
Renter median household income**
$51,167
Average household size of renter-occupied housing units**
1.97
Rental vacancy rate**
6.8%
Ridgeland, Mississippi Renter-occupied housing units by no. of bedrooms**
There are 1,953 rentals in Ridgeland, Mississippi with 2 beds making up the highest share of the market, at 36%. Units with 4 beds, on the other hand, hold the lowest percentage (2%), amounting to 84 units. Overall, the median number of rooms in Ridgeland, Mississippi homes for rent is 3.9.
Ridgeland, Mississippi Renter-occupied units by age of householder**
Most condos for rent in Ridgeland, Mississippi are occupied by residents in the 25 - 34 years age group (30%), followed by those in the 35 - 44 years age group (22%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 3%.
Ridgeland, Mississippi Renter-occupied housing units by family type**
Ridgeland, Mississippi Renter-occupied housing units by the presence of own children**
A total of 2,303 apartments for rent in Ridgeland, Mississippi, or 42% of all rentals are family households. Additionally, 26% of rental homes include children under the age of 18 – that’s 1,389 units. All in all, the median size of a renter-occupied household in Ridgeland, Mississippi is 1.97.
Ridgeland, Mississippi Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 37% of the rental market. In contrast, residents with less than a high school degree reside in 5% of the homes for rent in Ridgeland, Mississippi.
Ridgeland, Mississippi Renter-occupied units by year structure built**
The highest share of Ridgeland, Mississippi apartment rentals, namely 42% or 2,266 units, were Built 1980 - 1989, followed by those Built 1970 - 1979 (19%, 1,059 units), and the ones Built 1990 - 1999 (19%, 1,050 units).
Ridgeland, Mississippi Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Ridgeland, Mississippi renters (40%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Ridgeland, Mississippi condos for rent is 2018.
Ridgeland, Mississippi Renter-occupied housing units by vehicles available**
When it comes to transportation options, 59% of Ridgeland, Mississippi renters have 1 vehicle available per household, 28% of them have 2 vehicles available, and 8% have 3 or more vehicles available.
Ridgeland, Mississippi Means of transportation to work of householders living in renter-occupied housing units**
Ridgeland, 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 Ridgeland, 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
