Rental numbers for the Columbus, MS metro
The typical home here runs -$287 a month at 7.78% with 25% down, breaking even at about 4.7%. 1 of 3 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 10.2%.
- Gross yield
- 8.6%
- typical home, Zillow
- Median ZIP yield
- 10.2%
- 3 ZIPs with full data
- Cash flow
- -$287/mo
- at 7.78%, 25% down
- Typical price
- $190,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,360/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
6 with published figures
| 39701Columbus | $108,000 | $1,177 | 13.1% | 7.2% | +$67 | n/a |
| 39705Columbus | $231,000 | $1,972 | 10.2% | 6.3% | -$34 | n/a |
| 39702Columbus | $180,000 | $1,316 | 8.8% | 4.7% | -$260 | n/a |
| 39743Crawford | $149,000 | $960* | 7.7% | 3.5% | -$365 | n/a |
| 39766Steens | $220,000 | $880* | 4.8% | 1.7% | -$873 | n/a |
| 39740Caledonia | $258,000 | $880* | 4.1% | 1.2% | -$1,134 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +2.9%
- Rent, 12 months
- +5.8%
- Rent minus price growth
- +2.9 pts
- Property tax
- 0.59%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $162,469 | n/a |
| Aug 2022 | $175,948 | n/a |
| Aug 2023 | $169,328 | $1,171 |
| Aug 2024 | $176,341 | $1,231 |
| Aug 2025 | $184,288 | $1,286 |
| Aug 2026 | $189,593 | $1,360 |
Counties
- Lowndes County, MS10.2% median yield
Tools
Questions
- Is the Columbus, MS metro good for rental property?
- The typical home here runs -$287 a month at 7.78% with 25% down, breaking even at about 4.7%. 1 of 3 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 10.2%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Columbus, MS metro have the highest rental yield?
- 39701 (Columbus) at 13.1%, 39705 (Columbus) at 10.2%, 39702 (Columbus) at 8.8%, on Zillow value and rent. The full table above sorts by any column.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
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.