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RE Intelligence

Rental numbers for Hancock County, MS

The typical home here runs -$299 a month at 7.78% with 25% down, breaking even at about 5.2%. 0 of 2 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 8.5%.

Gross yield
8.8%
typical home, Zillow
Median ZIP yield
8.5%
2 ZIPs with full data
Cash flow
-$299/mo
at 7.78%, 25% down
Typical price
$237,000
Zillow ZHVI, Aug 2026
Typical rent
$1,735/mo
Zillow ZORI, Aug 2026

ZIP codes in Hancock County

5 with published figures

39525Diamondhead$247,000$1,7538.5%4.8%-$351n/a
39572Pearlington$159,000$1,120*8.4%4.1%-$316n/a
39520Bay Saint Louis$242,000$1,6898.4%4.6%-$368n/a
39556Kiln$239,000$1,190*6.0%2.5%-$778n/a
39576Waveland$218,000$1,010*5.6%2.0%-$813n/a

* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.

Trends

Five years to August 2026

Price, 12 months
+1.2%
Rent, 12 months
+3.7%
Rent minus price growth
+2.5 pts
Property tax
0.71%
effective rate, ACS 2024
Typical value (Zillow ZHVI) Rent (Zillow ZORI)Indexed to 100 at Aug 2021
10010511011512020222023202420252026
Show the numbers
MonthTypical valueRent
Aug 2021$208,931n/a
Aug 2022$242,420n/a
Aug 2023$230,227n/a
Aug 2024$236,403$1,554
Aug 2025$234,058$1,673
Aug 2026$236,816$1,735

HUD Fair Market Rent

FY2027, Gulfport-Biloxi, MS HUD Metro FMR Area

BedroomsStudio1 bed2 bed3 bed4 bed
Fair Market Rent$844$982$1,185$1,525$1,723

The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.

Supply

Permits per 1,000 households
13.1
264 units, last 12 months
National percentile
79th
among US counties

Tools

Test a listing in Hancock County against today's rate.

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Part of the Gulfport, MS metro.

Questions

Is Hancock County good for rental property?
The typical home here runs -$299 a month at 7.78% with 25% down, breaking even at about 5.2%. 0 of 2 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 8.5%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
What is the property tax rate in Hancock County?
About 0.71% of value, from Census ACS median taxes paid over median home value. On a $237,000 home that is about $1,672 a year.
What is Fair Market Rent in Hancock County?
HUD's FY2027 Fair Market Rent here is $982 for a 1-bedroom, $1,185 for a 2-bedroom and $1,525 for a 3-bedroom. Typical cash flow at today's rate is -$299 a month.

Sources and method

Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.

Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.