St. Martin, 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 St. Martin, Mississippi rental market.

St. Martin, Mississippi

Average Apartment Rent

$1,279

Y-o-Y Change in Average
Apartment Rent

1.5%

As of May 2026

Compared to a year ago, St. Martin, Mississippi apartments have recorded a 1.5% rent increase.

St. Martin, 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
St. Martin $1,301 $1,284 $1,223 $1,266 $1,274 $1,297 $1,228 $1,291 $1,316
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
St. Martin
National
Jul 2023
$1,301
$1,741
Nov 2023
$1,284
$1,732
Mar 2024
$1,223
$1,736
Jul 2024
$1,266
$1,756
Nov 2024
$1,274
$1,749
Mar 2025
$1,297
$1,755
Jul 2025
$1,228
$1,767
Nov 2025
$1,291
$1,753
Mar 2026
$1,316
$1,750

St. Martin, Mississippi Average Apartment Rent

St. Martin, 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 91.3%, apartments priced $1,000 - $1,500 represent the bulk of St. Martin, Mississippi rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 1.93%.

St. Martin, Mississippi Housing tenure**

Renter occupied housing units 1,384
Owner occupied housing units 1,533

Renters take up 47% of St. Martin, Mississippi real estate, occupying a total of 1,384 units, while homeowners live in 1,533 properties.

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

4.5

Renter median household income**

$40,469

Average household size of renter-occupied housing units**

1.99

Rental vacancy rate**

18.8%

St. Martin, Mississippi Renter-occupied housing units by no. of bedrooms**

No bedrooms 42
1 bed 315
2 beds 475
3 beds 404
4 beds 148

There are 475 rentals in St. Martin, Mississippi with 2 beds making up the highest share of the market, at 34%. Units with No bedrooms, on the other hand, hold the lowest percentage (3%), amounting to 42 units. Overall, the median number of rooms in St. Martin, Mississippi homes for rent is 4.5.

St. Martin, Mississippi Renter-occupied units by age of householder**

15 - 24 years 98
25 - 34 years 272
35 - 44 years 491
45 - 54 years 99
55 - 59 years 145
60 - 64 years 117
65 - 74 years 101
75 - 84 years 61

Most condos for rent in St. Martin, Mississippi are occupied by residents in the 35 - 44 years age group (35%), followed by those in the 25 - 34 years age group (20%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 4%.

St. Martin, Mississippi Renter-occupied housing units by family type**

Family households 600
Non-Family Households 784

St. Martin, Mississippi Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 408
No related children of the householder under 18 976

A total of 600 apartments for rent in St. Martin, Mississippi, or 43% of all rentals are family households. Additionally, 29% of rental homes include children under the age of 18 – that’s 408 units. All in all, the median size of a renter-occupied household in St. Martin, Mississippi is 1.99.

St. Martin, Mississippi Renter-occupied housing units by educational attainment**

Less than high school graduate 69
High school graduate (including equivalency) 247
Some college or associate's degree 735
Bachelor's degree or higher 333

In terms of education, renters holding bachelor degrees or higher make up 24% of the rental market. In contrast, residents with less than a high school degree reside in 5% of the homes for rent in St. Martin, Mississippi.

St. Martin, Mississippi Renter-occupied units by year structure built**

Built 2010 - 2019 199
Built 2000 - 2009 450
Built 1990 - 1999 125
Built 1980 - 1989 88
Built 1970 - 1979 386
Built 1960 - 1969 136

The highest share of St. Martin, Mississippi apartment rentals, namely 33% or 450 units, were Built 2000 - 2009, followed by those Built 1970 - 1979 (28%, 386 units), and the ones Built 2010 - 2019 (14%, 199 units).

St. Martin, Mississippi Renter-occupied units by year householder moved in**

Moved in 2021 or later 77
Moved in 2018 to 2020 432
Moved in 2010 to 2017 684
Moved in 2000 to 2009 167
Moved in 1990 to 1999 9
Moved in 1989 or earlier 15

Median year renter moved into unit 2016

Most St. Martin, Mississippi renters (49%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their St. Martin, Mississippi condos for rent is 2016.

St. Martin, Mississippi Renter-occupied housing units by vehicles available**

No vehicle available 124
1 vehicle available 840
2 vehicles available 243
3 or more vehicles available 177

When it comes to transportation options, 61% of St. Martin, Mississippi renters have 1 vehicle available per household, 18% of them have 2 vehicles available, and 13% have 3 or more vehicles available.

St. Martin, Mississippi Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 1,739
Car, truck, or van - carpooled 17

St. Martin, Mississippi Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 2,261
Moved within same county 159
Moved from different county within same state 80
Moved from different state 175

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 St. Martin, 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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