Rental numbers for the Tupelo, MS metro
The typical home here runs -$431 a month at 7.78% with 25% down, breaking even at about 3.1%. 0 of 3 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 7.7%.
- Gross yield
- 7.7%
- typical home, Zillow
- Median ZIP yield
- 7.7%
- 3 ZIPs with full data
- Cash flow
- -$431/mo
- at 7.78%, 25% down
- Typical price
- $197,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,260/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
25 with published figures
| 38856Marietta | $161,000 | $1,270* | 9.4% | 5.1% | -$186 | n/a |
| 38859New Site | $145,000 | $1,080* | 9.0% | 4.6% | -$223 | n/a |
| 38847Golden | $169,000 | $1,240* | 8.8% | 4.7% | -$256 | n/a |
| 38801Tupelo | $208,000 | $1,371 | 7.9% | 4.0% | -$424 | +2.3% |
| 38804Tupelo | $205,000 | $1,317 | 7.7% | 3.9% | -$443 | n/a |
| 38858Nettleton | $161,000 | $990* | 7.4% | 3.3% | -$421 | n/a |
| 38824Baldwyn | $162,000 | $990* | 7.4% | 3.1% | -$453 | n/a |
| 38868Shannon | $171,000 | $990* | 7.0% | 3.1% | -$481 | n/a |
| 38843Fulton | $171,000 | $990* | 6.9% | 2.9% | -$516 | n/a |
| 38862Plantersville | $172,000 | $990* | 6.9% | 2.8% | -$528 | n/a |
| 38829Booneville | $147,000 | $840* | 6.8% | 2.5% | -$486 | n/a |
| 38826Belden | $267,000 | $1,519 | 6.8% | 3.2% | -$727 | n/a |
| 38855Mantachie | $175,000 | $990* | 6.8% | 3.1% | -$493 | n/a |
| 38850New Houlka | $161,000 | $900* | 6.7% | 2.6% | -$517 | n/a |
| 38863Pontotoc | $210,000 | $1,170* | 6.7% | 3.1% | -$590 | n/a |
| 38876Tremont | $156,000 | $840* | 6.5% | 2.8% | -$479 | n/a |
| 38870Smithville | $190,000 | $990* | 6.2% | 2.6% | -$619 | n/a |
| 38871Thaxton | $233,000 | $1,170* | 6.0% | 2.4% | -$784 | n/a |
| 38873Dennis | $170,000 | $840* | 5.9% | 2.2% | -$605 | n/a |
| 38828Blue Springs | $207,000 | $990* | 5.7% | 2.3% | -$713 | n/a |
| 38864Randolph | $193,000 | $920* | 5.7% | 2.1% | -$706 | n/a |
| 38849Guntown | $214,000 | $990* | 5.5% | 2.0% | -$792 | n/a |
| 38857Mooreville | $229,000 | $990* | 5.2% | 1.9% | -$873 | n/a |
| 38866Saltillo | $246,000 | $1,040* | 5.1% | 1.8% | -$957 | n/a |
| 38841Ecru | $215,000 | $900* | 5.0% | 1.8% | -$828 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +7.2%
- Rent, 12 months
- +2.4%
- Rent minus price growth
- -4.9 pts
- Property tax
- 0.64%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $163,292 | n/a |
| Aug 2022 | $176,714 | $1,015 |
| Aug 2023 | $174,733 | $1,074 |
| Aug 2024 | $176,955 | $1,141 |
| Aug 2025 | $183,468 | $1,231 |
| Aug 2026 | $196,764 | $1,260 |
Counties
- Lee County, MS7.7% median yield
- Prentiss County, MSn/a median yield
- Union County, MSn/a median yield
- Pontotoc County, MSn/a median yield
- Itawamba County, MSn/a median yield
- Chickasaw County, MSn/a median yield
- Monroe County, MSn/a median yield
- Tishomingo County, MSn/a median yield
Tools
Questions
- Is the Tupelo, MS metro good for rental property?
- The typical home here runs -$431 a month at 7.78% with 25% down, breaking even at about 3.1%. 0 of 3 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 7.7%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Tupelo, MS metro have the highest rental yield?
- 38801 (Tupelo) at 7.9%, 38804 (Tupelo) at 7.7%, 38826 (Belden) at 6.8%, 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.