Average rent in Biloxi

Average rent in Biloxi,MS

To begin with, the average rent in Biloxi, MS has steadily increased over the years. In 2019, the average rent was $1,100 per month, while in 2020 it rose to $1,300 per month. However, according to the latest projections, the average rent in Biloxi, MS is expected to reach $1,500 per month by 2023. Despite this significant increase, there are still some affordable options available in the area. Moreover, the rising cost of housing in Biloxi, MS is being driven by a number of factors, including an increase in demand for rental properties and a decrease in the overall supply of housing. Nonetheless, with proper planning and budgeting, residents and newcomers to the area can still find an affordable rental property that fits their needs and budget.

Average rent in Biloxi,MS for 1-bedroom

In terms of the average rent in Biloxi, MS for a 1-bedroom apartment, there has been a noticeable increase over the years. In 2023, the average rent is expected to be around $1,200 per month, which is a significant jump from the previous year’s average of $1,050. Additionally, when compared to 5 years ago, the average rent has increased by approximately $250 per month. Moreover, from last year to this year, there was an increase of $150 per month, which is a substantial change. However, it’s important to note that these figures may vary based on various factors and geographic regions within Biloxi.

Average rent in Biloxi,MS for 2-bedroom

Over the years, the average rent in Biloxi, MS for a 2-bedroom apartment has seen a significant increase. In 2018, the average rent was $1,040 per month, followed by a slight decrease to $1,020 in 2019. However, in 2023, it is projected to increase to $1,220 per month, which is a substantial jump from the previous years. Despite the rising cost, Biloxi still offers an affordable housing market when compared to nearby cities. Additionally, it is worth considering that the living standards and amenities have also improved in the area. Consequently, residents will find that the cost is well worth it for the overall quality of life.

Average rent in Biloxi,MS for 3-bedroom

In terms of the average rent for a 3-bedroom apartment in Biloxi, MS, there has been a notable increase over the years. According to recent data projections, the average rent for a 3-bedroom apartment in Biloxi, MS in 2023 is expected to be around $1,500 per month. This represents a significant jump from 2018 figures, when the average rent for a 3-bedroom unit was $1,250 per month. Over the past five years, the average rent in Biloxi, MS has experienced a steady climb, with a noticeable increase of $250 per month from 2018 to 2023. Nevertheless, it is important to note that the exact figures may vary due to different factors like location or building age.

Average rent in Biloxi,MS for studio

Firstly, in 2023, the average rent in Biloxi, MS for a studio apartment is projected to be $900 per month. This represents a significant increase from the previous year, where the average rent was $800 per month. Furthermore, when looking at the average rent in Biloxi for studio apartments over the past decade, there has been a steady increase year over year. In 2013, the average rent for a studio apartment was just $600 per month. So, it is clear that there has been a notable upward trend in the cost of rental properties in Biloxi, MS over the past few years. Despite this, Biloxi remains an attractive destination for those seeking affordable coastal living.

Average rent in Biloxi,MS for townhouse

The average rent for a townhouse in Biloxi, MS is projected to increase in 2023. Specifically, it is estimated to jump from $1,050 in 2022 to $1,200 in 2023. This is a significant difference. Over the past few years, the trend has been consistent – an increase in rent in Biloxi, MS. In fact, the average rent for a townhouse was only $925 in 2019. However, it increased to $975 in 2020 and then to $1,050 in 2021. Looking at these numbers, it is clear that the average rent for a townhouse in Biloxi, MS is steadily increasing year after year.

Most expensive neighborhoods in Biloxi,MS

Biloxi, Mississippi may not be known for its luxurious neighborhoods, but there are a few areas that boast high-end housing options. The most expensive neighborhoods in Biloxi include the waterfront community of Beau View, the gated community of Oak Pointe, and the waterfront homes of Bayou View. These neighborhoods offer stunning views of the Gulf of Mexico and spacious, upscale homes with high-end finishes and amenities. Living in one of these neighborhoods comes with a high price tag, but residents enjoy a relaxed coastal lifestyle and access to all the amenities that Biloxi has to offer.

Most affordable neighborhoods in Biloxi,MS

Biloxi, MS is an excellent destination for anyone looking for affordable neighborhoods. Some of the most affordable areas in Biloxi include East Biloxi, North Biloxi, and West Biloxi. These neighborhoods offer a wide range of housing options, including single-family homes, townhouses, and apartments. Besides, residents in these areas enjoy easy access to a wide range of amenities, including parks, restaurants, and shopping centers. In addition to affordability, the neighborhoods in Biloxi offer beautiful locations with stunning views of beaches and waterways. All these factors make these areas the top picks for anyone looking for an affordable community to call home in Biloxi, MS.

Most popular neighborhoods in Biloxi,MS

Biloxi is a vibrant coastal city located in Southern Mississippi. When it comes to the most popular neighborhoods, East Biloxi, West Biloxi, and Downtown Biloxi are all highly sought-after areas to live in. East Biloxi is known for its beautiful beaches, and many residents enjoy spending their free time in this area. West Biloxi is home to several casinos and the Keesler Air Force Base. Meanwhile, downtown Biloxi is the cultural heart of the city and features a wide range of restaurants, shops, and entertainment options. Overall, Biloxi is a wonderful place to live, and its diverse neighborhoods cater to a variety of lifestyles and interests.

Comparison with other cities

1. New York, NY – $3,000
2. San Francisco, CA – $2,500
3. Boston, MA – $2,200
4. Miami, FL – $1,900
5. Washington, DC – $1,800
6. Los Angeles, CA – $1,750
7. Seattle, WA – $1,700
8. Chicago, IL – $1,600
9. Houston, TX – $1,500
10. Atlanta, GA – $1,450
11. Phoenix, AZ – $1,400
12. Denver, CO – $1,350
13. Austin, TX – $1,300
14. Nashville, TN – $1,250
15. Biloxi, MS – $1,100

FAQ

Q: What is the average rent in Biloxi, MS?
A: As of 2023, the average rent in Biloxi, MS is $1,200 per month.

Q: How does the average rent in Biloxi, MS compare to other cities in the state?
A: Biloxi has a higher average rent compared to other cities in Mississippi. For example, the average rent in Jackson, MS is $1,050 per month.

Q: What factors determine the average rent in Biloxi, MS?
A: The average rent in Biloxi, MS is determined by factors such as location, demand for housing, and property values.

Q: What types of rental properties are available in Biloxi, MS?
A: The rental properties available in Biloxi, MS range from apartments, condos, and townhouses to single-family homes and luxury waterfront properties.

Q: What is the rental market like in Biloxi, MS?
A: The rental market in Biloxi, MS is competitive due to the city’s thriving tourism industry and military presence. The demand for housing is high, which can drive up the cost of rent.

Q: Can I negotiate the rent price for a rental property in Biloxi, MS?
A: It is possible to negotiate the rent price for a rental property in Biloxi, MS. However, it will depend on the landlord or property manager’s willingness to negotiate and other factors such as the state of the rental market and lease terms.

Q: How do I find rental properties in Biloxi, MS?
A: You can find rental properties in Biloxi, MS through online rental listings, real estate websites, and working with a local real estate agent.

Q: What are the lease terms typically offered for rental properties in Biloxi, MS?
A: The lease terms offered for rental properties in Biloxi, MS can vary. However, most leases are for a 12-month term, with some landlords offering shorter or longer lease options.

Q: Are utilities included in the cost of rent for rental properties in Biloxi, MS?
A: Utilities may or may not be included in the cost of rent for rental properties in Biloxi, MS. It will depend on the landlord’s policy and lease agreement terms.

Q: What should I consider when looking for a rental property in Biloxi, MS?
A: When looking for a rental property in Biloxi, MS, you should consider factors such as location, budget, rental property type, lease terms, and amenities. It is also advised to conduct thorough research and inspections of the property before signing a lease agreement.





Author – Stan Huxley

Passionate about real estate, Stan Huxley brings a wealth of experience to our articles. With a lifelong career in the industry, Stan’s insights, tips, and expert advice empower readers to navigate the world of real estate confidently. Whether you’re a homebuyer, seller, or investor, Stan is your trusted guide to making informed decisions.

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