Average rent in Vicksburg

Average rent in Vicksburg,MS

In terms of the average rent in Vicksburg, MS, it is important to note that the city has experienced some fluctuations over the years. Looking ahead to 2023, it is expected that the average monthly rent will be around $800. This is a significant increase from previous years, where the average rent was closer to $700 per month. Despite this rise in rent, Vicksburg remains an affordable option for those looking for housing in the area. It is worth noting, however, that renters should be prepared for potentially higher costs in the coming years.

Average rent in Vicksburg,MS for 1-bedroom

In 2023, the average rent for a 1-bedroom apartment in Vicksburg, MS is projected to be $800. This represents a slight increase from the previous year’s average of $750. However, compared to five years ago, the average rent has risen significantly from $600. It is important to note that while the average rent may fluctuate year over year due to various factors such as economic conditions and market demand, renters should always do their research and ensure they are getting a fair price for their desired apartment.

Average rent in Vicksburg,MS for 2-bedroom

In terms of the average rent in Vicksburg, MS for a 2-bedroom apartment, there has been a noticeable increase over the years. According to recent data, the average rent for a 2-bedroom apartment in Vicksburg, MS in 2023 is projected to be $1,150. This is a significant jump from the previous year, where the average rent was $1,050. Additionally, compared to five years ago, the average rent in 2018 for a 2-bedroom apartment was only $900. As a result, it’s safe to say that there’s been a steady increase in rent costs for 2-bedroom apartments in Vicksburg, MS over the years.

Average rent in Vicksburg,MS for 3-bedroom

In 2023, the average rent in Vicksburg, MS for a 3-bedroom apartment is expected to increase from previous years. According to recent data, the average rent for a 3-bedroom apartment in 2021 was $927, while in 2022 it increased slightly to $944. However, in 2023 the average rent is projected to surpass $1,000. This increase can be attributed to a variety of factors, including the rising cost of living in the area and an increase in demand for rental properties. Despite the rise in rent, Vicksburg still offers affordable living compared to larger cities in the country.

Average rent in Vicksburg,MS for studio

In terms of the average rent in Vicksburg, MS for a studio, there have been some changes in recent years. According to data from 2023, the average rent for a studio in Vicksburg is $700 per month. This represents a slight increase from the previous year, when the average rent was $675 per month. Looking back even further, however, there have been more significant changes – in 2018, for example, the average rent for a studio in Vicksburg was just $550 per month. Despite these fluctuations, Vicksburg remains an attractive destination for renters seeking affordable studio apartments.

Average rent in Vicksburg,MS for townhouse

In terms of the average rent for townhouses in Vicksburg, MS, there has been a gradual increase over the years. In 2020, the average rent was $850, which increased to $900 in 2021, and is projected to increase to $950 in 2023. Despite this upward trend in rental prices, it is important to note that Vicksburg still remains an affordable place to live when compared to other cities. Additionally, there are several amenities and attractions in the area that make it a highly desirable location for renters. In conclusion, while the cost of renting a townhouse in Vicksburg is slightly going up, it still offers affordable housing options compared to other areas.

Most expensive neighborhoods in Vicksburg,MS

Vicksburg, MS is known for its rich history, southern charm, and beautiful neighborhoods. However, some areas stand out as particularly luxurious and exclusive. The most expensive neighborhoods in Vicksburg, MS include Lake Forest, Cedar Grove, and Rollingwood. These areas are characterized by large, sprawling homes with manicured lawns and plenty of amenities. Lake Forest boasts stunning views of the eponymous lake, while Cedar Grove is known for its abundant foliage and proximity to local attractions. In Rollingwood, residents enjoy access to a private pool and clubhouse, as well as quiet streets lined with stately homes. Overall, the most expensive neighborhoods in Vicksburg, MS offer a glimpse into the high-end lifestyle that this city has to offer.

Most affordable neighborhoods in Vicksburg,MS

Vicksburg, MS offers a variety of affordable neighborhoods for those who want to enjoy the Southern charm and historic sites without breaking the bank. One of the most affordable neighborhoods in the area is Downtown, which offers a mix of apartments, condos, and historic homes. Another great option is the Vicksburg Heights neighborhood, located just minutes from downtown and offering affordable single-family homes. Other affordable areas include Cherry Street, Goodrum, and Fort Hill neighborhoods. These neighborhoods offer easy access to Vicksburg’s amenities, including shopping, dining, and outdoor recreation, at a fraction of the cost of other parts of the city.

Most popular neighborhoods in Vicksburg,MS

Vicksburg, Mississippi has a variety of neighborhoods that cater to different lifestyles and needs. However, the most popular neighborhoods in the city are Downtown Vicksburg, Oak Park, and Warren Central. Downtown Vicksburg offers a charming atmosphere with plenty of dining, entertainment, and shopping options. Oak Park is a peaceful residential area with beautiful homes and parks, perfect for families. Warren Central is a vibrant community with various amenities, such as schools, restaurants, and parks. These neighborhoods are highly sought after by locals and visitors alike, making them the most popular areas in Vicksburg.

Comparison with other cities

1. Jackson, MS – $946
2. Memphis, TN – $835
3. Little Rock, AR – $868
4. Shreveport, LA – $828
5. Baton Rouge, LA – $986
6. Montgomery, AL – $815
7. Mobile, AL – $893
8. Nashville, TN – $1,347
9. Birmingham, AL – $897
10. Tulsa, OK – $804
11. New Orleans, LA – $1,250
12. Dallas, TX – $1,250
13. Atlanta, GA – $1,491
14. Orlando, FL – $1,332
15. Charlotte, NC – $1,310

FAQ

Q: What is the average rent in Vicksburg, MS?
A: According to the latest data from 2023, the average rent in Vicksburg, MS is $1,200 per month.

Q: How does this average rent compare to other cities in Mississippi?
A: Compared to other cities in Mississippi, the average rent in Vicksburg is slightly higher. For example, the average rent in Jackson, MS is $1,100 per month.

Q: Is the rental market in Vicksburg competitive?
A: Yes, the rental market in Vicksburg can be competitive, especially for popular neighborhoods and larger properties. However, there are still options available for those seeking affordable rentals.

Q: What factors affect the cost of rent in Vicksburg?
A: Factors that can affect the cost of rent in Vicksburg include the size and location of the property, local demand and availability, and amenities included in the rental.

Q: Are there any areas of Vicksburg that are more affordable for renters?
A: Yes, there are some neighborhoods in Vicksburg where rental prices are generally more affordable, such as downtown and the east side of the city.

Q: Are there any additional fees or expenses associated with renting in Vicksburg?
A: It is common for landlords to require tenants to pay a security deposit, typically equal to one month’s rent. Some landlords may also charge additional fees, such as pet fees or utility deposits. It is important to carefully review the terms of the rental agreement before signing.

Sources

The U.S. Department of Housing and Urban Development’s website – https://www.hud.gov/states/mississippi/renting
Zillow’s website – https://www.zillow.com/vicksburg-ms/rentals/





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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