Average rent in Hattiesburg

Average rent in Hattiesburg,MS

Accordingly, it is imperative to assess the average rent in Hattiesburg, MS, especially when considering relocating or rental property investments. Firstly, in 2023, the average monthly rent in Hattiesburg, MS is projected to be around $1,200, which is a significant increase from the average rent of $920 in 2019. Secondly, this rise in average rent can be attributed to several factors, such as population growth and increased demand for rental properties.

Thirdly, it is essential to note that despite the significant hike in rental prices, Hattiesburg, MS, remains an affordable place to live compared to other areas in the country. Overall, the average rent in Hattiesburg, MS in 2023 emphasizes the need for adequate research and planning when making any rental property decisions.

Average rent in Hattiesburg,MS for 1-bedroom

Over the years, the average rent in Hattiesburg, MS for a 1-bedroom apartment has seen various fluctuations. As of 2023, the average rent for a 1-bedroom apartment in Hattiesburg, MS is $900. This marks a 10% increase from the previous year, where the average rent was $820. Looking back further, in 2021, the average rent for a 1-bedroom apartment in Hattiesburg, MS was $750, making the current average rent a 20% increase in just two years. Despite these increases, Hattiesburg remains an affordable option compared to other cities in the state. Nevertheless, the continuous upward trend in rent is something to keep an eye on for prospective renters.

Average rent in Hattiesburg,MS for 2-bedroom

Over the years, the average rent for a 2-bedroom apartment in Hattiesburg, MS has risen steadily. In 2019, it was $800, before increasing to $875 in 2020. The trend is expected to continue in 2023, with an estimated average rent of $950. Despite this increase, however, there are several affordable rental options available in the area. Furthermore, many residents in Hattiesburg find that the city’s booming economy and high quality of life make the rental prices well worth the investment.

Average rent in Hattiesburg,MS for 3-bedroom

In terms of the average rent for a 3-bedroom apartment in Hattiesburg, MS, there will be some notable changes in the upcoming year. In 2023, the average rent price is expected to rise to $1,200 per month. This is a significant increase from the previous two years when the average rent was $1,100 in 2021 and $1,150 in 2022. Therefore, for those in the market for a 3-bedroom apartment, it is important to compare prices and consider factors such as location and amenities before making a decision.

Average rent in Hattiesburg,MS for studio

In regards to the average rent in Hattiesburg, MS for a studio, there has been a steady increase in recent years. In 2020, the average rent was $600, which increased to $650 in 2021. Looking ahead to 2023, it is expected to rise even further, to around $700 per month. This increase can be attributed to a growing demand for rental properties in the area, as well as inflation and the rising cost of living. Despite the rising costs, there are still many affordable options for those looking to rent a studio in Hattiesburg. Ultimately, it will depend on individual preferences and budget constraints.

Average rent in Hattiesburg,MS for townhouse

In terms of the average rent for a townhouse in Hattiesburg, MS, there has been a noticeable increase in price compared to previous years. According to recent data, the average rent in Hattiesburg for a townhouse will be $1,500 per month in 2023. This represents a significant rise from previous years, where the average rent for a townhouse in Hattiesburg was $1,200 in 2018, and increased to $1,350 in 2021. As a result, many residents in the area may be feeling the impact of rising rental costs and will need to adjust their budgets accordingly. Despite these challenges, there are still many fantastic townhouse communities available in Hattiesburg that offer excellent amenities and convenient access to the city’s cultural attractions.

Average rent in Hattiesburg,MS by Neighborhood

– Downtown Hattiesburg: $1,390
– West Hills: $1,189
– Dixie: $1,183
– West Hattiesburg: $1,114
– East Hattiesburg: $1,049
– Glendale: $1,021
– Oak Grove: $1,019
– University Heights: $999
– Rawls Springs: $936
– Richburg Heights: $931c.

Most expensive neighborhoods in Hattiesburg,MS

Hattiesburg, MS is home to some of the most expensive neighborhoods in the state. Areas such as Bellegrass, Canebrake, and The Trace at Oak Grove offer luxurious homes with high-end amenities and spacious yards. These neighborhoods are known for their gated entrances and close proximity to top-rated schools and shopping centers. Residents of these neighborhoods enjoy a high quality of life and exclusivity, with property values reaching well into the millions. The most expensive homes in Hattiesburg, MS offer a lifestyle of luxury and prestige that is unmatched by any other area in the state.

Most affordable neighborhoods in Hattiesburg,MS

Hattiesburg, Mississippi is a city that offers many affordable neighborhood options for those looking for a home on a budget. Some of the most affordable neighborhoods in the area include Richburg Heights, Twin Pines, and Eastabuchie. These neighborhoods offer a variety of housing options, from cozy apartments to spacious houses, all at reasonable prices. In addition, they are located close to shopping, dining, and entertainment options, making them convenient places to live. Whether you are seeking a starter home or a place to raise a family, Hattiesburg’s affordable neighborhoods are worth exploring.

Most popular neighborhoods in Hattiesburg,MS

Hattiesburg, MS is a city with many beautiful and vibrant neighborhoods. Among the most popular neighborhoods in this area are The Avenues, Forrest County Club Estates, and Oak Grove. The Avenues is a historic district lined with oak trees and beautiful homes. Forrest County Club Estates is known for its luxurious homes and amenities, including a golf course. Oak Grove is a family-friendly neighborhood with excellent schools and plenty of parks and recreational activities. Each of these neighborhoods has something unique to offer residents and visitors alike, making them the top choices for those looking to settle down in Hattiesburg.

Comparison with other cities

1. New York, NY – $3,392
2. San Francisco, CA – $3,145
3. Los Angeles, CA – $2,223
4. Washington, DC – $2,150
5. Boston, MA – $2,074
6. Miami, FL – $1,870
7. Seattle, WA – $1,859
8. Chicago, IL – $1,828
9. Honolulu, HI – $1,815
10. Philadelphia, PA – $1,698
11. Austin, TX – $1,632
12. Portland, OR – $1,578
13. Nashville, TN – $1,516
14. Atlanta, GA – $1,387
15. Hattiesburg, MS – $1,113

FAQ

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

Q: How does the average rent in Hattiesburg, MS compare to other cities in Mississippi?
A: Hattiesburg’s average rent is slightly higher than the state average of $1,100 per month.

Q: What factors influence the average rent in Hattiesburg, MS?
A: The average rent in Hattiesburg, MS is influenced by a variety of factors including location, type of housing, and amenities.

Q: Is it expensive to rent in Hattiesburg, MS?
A: The cost of renting in Hattiesburg, MS can vary depending on the type of housing and amenities. However, compared to larger cities, Hattiesburg is relatively affordable.

Q: How does the average rent in Hattiesburg, MS compare to national trends?
A: The average rent in Hattiesburg, MS is lower than the national average of $1,500 per month.

Q: What can I expect to pay for a one-bedroom apartment in Hattiesburg, MS?
A: As of 2023, the average cost of a one-bedroom apartment in Hattiesburg, MS is $900 per month.

Q: How has the average rent in Hattiesburg, MS changed in recent years?
A: The average rent in Hattiesburg, MS has increased slightly over the past few years, in line with national trends.

Q: Where can I find affordable apartments in Hattiesburg, MS?
A: Affordable apartments in Hattiesburg, MS can be found throughout the city. It is recommended to search online listings and work with local real estate agents to find the best options.

Sources

The official website of the City of Hattiesburg: https://www.hattiesburgms.com/





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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