Greenville,
rental market profile.

Current Zillow values and rents, official Census medians, state comparisons and a transparent starting point for analyzing a rental property in Greenville, Mississippi.

Current market, September 2026.

Typical home value$52,189-3.7% vs. a year earlier
HUD Fair Market Rent, 2-bed$905FY2027 · second-source check
Estimated annual property tax$5231.00% effective rate (ACS)

Data: Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI), September 2026; smoothed and seasonally adjusted. Typical values sit in the middle of the local market; rent covers houses and apartments. Updated monthly. Second source: HUD FY2027 Fair Market Rent for Washington County, MS (40th-percentile gross rent, including utilities).

Five-year trend in Greenville.

Typical home value−47.1% since Sep 2021
$60,000$80,000$100,00020222023202420252026$52,189
Show the numbers
MonthTypical home value
Sep 2021$98,733
Sep 2022$90,915
Sep 2023$74,216
Sep 2024$75,765
Sep 2025$54,220
Sep 2026$52,189

Monthly Zillow Observed Rent Index and Home Value Index, smoothed and seasonally adjusted. Each chart has its own scale, which does not start at zero, so small changes are visible.

Rent by number of bedrooms.

Studio
$722
1 bedroom
$831
2 bedrooms
$905
3 bedrooms
$1,253
4 bedrooms
$1,513

HUD FY2027 Fair Market Rents for Washington County, MS: the 40th-percentile gross rent, utilities included, for the whole area. Rents inside Greenville can be higher or lower. Source: HUD Fair Market Rents.

Census profile, 2020–2024.

Population28.2KACS estimate
Median household income$40,083annual
Median gross rent$872monthly
Median home value$103,800owner-occupied
Median property tax$1,040annual · owner-occupied
Effective tax reference1.00%median tax ÷ median value
State HO-3 premium$2,0292023 homeowner reference
Housing vacancy19.2%all housing units
Gross rent-to-value10.08%annual rent ÷ home value
Rent-to-income reference26.1%annual rent ÷ income

Source: U.S. Census Bureau, American Community Survey 2024 5-year estimates. Estimates cover 2020–2024. Insurance context: NAIC 2023 Homeowners Insurance Report. Ratios are derived from area medians and are not a property cap rate, affordability decision, insurance quote or expected return.

How Greenville compares.

Greenville’s median gross rent is 8.6% below the Mississippi median, while its median owner-occupied home value is 38.9% below the state reference. Median household income is 29.0% below the statewide estimate.

The gross rent-to-value reference is 10.08%. It simply annualizes the area’s median gross rent and divides it by the area’s median home value. It does not subtract vacancy, taxes, insurance, maintenance, management, financing or capital reserves.

Greenville baseline comparison
MetricCityGreenvilleStateMississippiCountryUnited States
Median gross rent$872$954$1,413
Median home value$103,800$169,800$332,700
Household income$40,083$56,447$80,734
Median annual property tax$1,040$1,215$3,119
Housing vacancy19.2%14.6%10.1%
Rent vs baseline—-8.6%-38.3%

Test a Greenville baseline.

Load the area medians for purchase price, rent and annual property tax, then replace every assumption with property-specific figures and current quotes.

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Check the rent for a specific Greenville address.

Our figures are citywide typical rents. RentCast estimates the rent for one property from nearby rental comparables, so you can test the deal with a local figure.

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What this profile can—and cannot—tell you.

Use area data to compare markets before researching a specific address.

Useful for screening

Population, income, rent and home-value medians provide a consistent first comparison across markets.

Property facts still matter

Verify achievable rent, taxes, insurance, condition, financing and local rules for the exact property.

Vacancy needs context

The ACS figure covers all housing units. It is not the vacancy allowance to enter in rental underwriting.