What makes a Mississippi rent-to-own market 'cheap'?

Low estimated monthly payment relative to local incomes. Sub-$1,500/month markets are the most accessible.

Are option fees included?

We assume 10% option fee credited toward purchase; the monthly payment estimate excludes that up-front amount.

Does this guarantee a home at this price?

No. Listings vary; this is a market-level estimate to compare cities side-by-side.

Buyer authority MS

Cheapest rent-to-own markets in Mississippi.

Rent-to-own works best where monthly carrying costs are reachable on a typical household income. This ranks Mississippi by estimated monthly payment on a median-priced home with a 10% option fee.

Last updated September 2026

Mississippi ranking

50 cities ranked. Click any row for the matching local page.

#	City	Est. monthly payment	Score
1	Madison	$1,981/mo	66	View →
2	Brandon	$1,636/mo	76	View →
3	Ocean Springs	$1,596/mo	77	View →
4	Olive Branch	$1,572/mo	78	View →
5	Hernando	$1,556/mo	78	View →
6	Southaven	$1,500/mo	80	View →
7	Clinton	$1,468/mo	81	View →
8	Ridgeland	$1,420/mo	82	View →
9	Diamondhead	$1,331/mo	85	View →
10	Terry	$1,299/mo	86	View →
11	Raymond	$1,259/mo	87	View →
12	Oxford	$1,227/mo	88	View →
13	Hattiesburg	$1,179/mo	89	View →
14	Long Beach	$1,179/mo	89	View →
15	Pass Christian	$1,195/mo	89	View →
16	Vicksburg	$1,155/mo	90	View →
17	Tupelo	$1,147/mo	90	View →
18	Vancleave	$1,163/mo	90	View →
19	Byram	$1,163/mo	90	View →
20	Saltillo	$1,139/mo	90	View →
21	Lucedale	$1,115/mo	91	View →
22	Petal	$1,131/mo	91	View →
23	Florence	$1,123/mo	91	View →
24	Carriere	$1,107/mo	91	View →
25	Senatobia	$1,099/mo	91	View →
26	Meridian	$1,067/mo	92	View →
27	Biloxi	$1,067/mo	92	View →
28	Moss Point	$1,091/mo	92	View →
29	Pearl	$1,075/mo	92	View →
30	Canton	$1,075/mo	92	View →
31	Purvis	$1,083/mo	92	View →
32	Perkinston	$1,067/mo	92	View →
33	Jackson	$1,051/mo	93	View →
34	Laurel	$1,059/mo	93	View →
35	Kiln	$1,043/mo	93	View →
36	Gulfport	$1,027/mo	94	View →
37	Columbus	$1,019/mo	94	View →
38	Starkville	$1,019/mo	94	View →
39	Picayune	$995/mo	94	View →
40	Horn Lake	$1,019/mo	94	View →
41	Philadelphia	$995/mo	94	View →
42	Pascagoula	$1,011/mo	94	View →
43	Grenada	$1,027/mo	94	View →
44	Gautier	$1,011/mo	94	View →
45	Batesville	$1,019/mo	94	View →
46	Summit	$1,019/mo	94	View →
47	Magee	$995/mo	94	View →
48	Sumrall	$1,003/mo	94	View →
49	Diberville	$1,011/mo	94	View →
50	Corinth	$970/mo	95	View →

Methodology

Estimated monthly payment = (median home price × 0.9) amortized at 8% over 30 years + 1.2% taxes + 0.5% insurance, divided by 12. Lower payment = better rent-to-own market.

FAQ

What makes a Mississippi rent-to-own market 'cheap'?: Low estimated monthly payment relative to local incomes. Sub-$1,500/month markets are the most accessible.
Are option fees included?: We assume 10% option fee credited toward purchase; the monthly payment estimate excludes that up-front amount.
Does this guarantee a home at this price?: No. Listings vary; this is a market-level estimate to compare cities side-by-side.