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Housing in Rankin County
Both Census and HUD figures represent gross rent — contract rent plus estimated utility costs for electricity, heat, water, and sewer.
Rent in Rankin County averages $1,270/month for a 2‑bedroom in 2024, compared to the Mississippi median of $954 and the national median of $1,413. Local renters spend approximately 34% of household income on rent, above the national average of 32%.
HUD 2026 50th Percentile Rent Estimates for Rankin County FMR Area are $1,184 for a studio, $1,191 for 1‑bedroom, $1,398 for 2‑bedroom, $1,676 for 3‑bedroom, and $1,851 for 4‑bedroom.
HUD 2026 Rent Estimates reflect market movement since 2024 Census data — a $128 increase for a 2-bedroom in Rankin County shows a 10% rise over that period.
The U.S. Bureau of Labor Statistics annual unemployment rate for Rankin County was 2.3% in 2024, compared to Mississippi at 3.2% and the national rate of 4.0%.
