Department of Numbers

Gulfport Mississippi Residential Rent and Rental Statistics

The median monthly gross residential rent in Gulfport, MS (the Gulfport-Biloxi metro area) was $907 in 2019 according to the Census ACS survey.1 Average gross rent in Gulfport was $833 in 2019. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2020 Gulfport median and average rent data will be released in September of 2021.

Data is also available below for Gulfport rental vacancy rates, Gulfport rent as a percent of median income and the fraction of renters in Gulfport.

Show dollars as: Nominal Real

Real Gross Rent in Gulfport Mississippi (2019 dollars)2

2019 1 Year Change 3 Year Change
US Median Gross Rent $1,097 +1.86% +6.82%
Mississippi Median Gross Rent $777 -1.77% +1.97%
Gulfport, MS Median Gross Rent $907 +5.96% +4.49%

Gulfport, MS Real Gross Rent Trends

Median gross rent for Gulfport peaked in real terms in 2008 at $976 and is now $69 (7.07%) lower. Average gross rent for Gulfport peaked in real terms in 2008 at $892 and is now $59 (6.61%) lower.

Real Gross Rent in Gulfport: Gulfport MS Median, Gulfport MS Average, Mississippi Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Gulfport

Date US
Median
Mississippi
Median
Gulfport, MS
Median
Gulfport, MS
Average
2019 $1,097 $777 $907 $833
2018 $1,077 $791 $856 $833
2017 $1,043 $765 $874 $829
2016 $1,027 $762 $868 $842
2015 $1,017 $768 $869 $848
2014 $986 $751 $844 $839
2013 $953 $746 $856 $820
2012 $940 $708 $847 $826
2011 $941 $744 $853 $824
2010 $955 $751 $919 $832
2009 $960 $734 $964 $867

more history ...

Gulfport Rental Vacancy Rate

The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2019 the rental vacancy rate for Gulfport Mississippi was 11.60% according to Census ACS data.

Rental Vacancy Rate in Gulfport Mississippi

2019 1 Year Change 3 Year Change
US 5.97% -0.18% +0.08%
Mississippi 10.67% +0.19% +2.04%
Gulfport, MS 11.60% +0.30% +1.16%

Trends in Gulfport, MS Rental Vacancy Rate

The rental vacancy rate in Gulfport peaked in 2009 at 20.92%. Since then it has fallen by 9.32% to 11.60%. Data records for this series originated in 2005.

Rental Vacancy Rate: Gulfport MS, Mississippi, US

Rental vacancy rate in Mississippi

Historical Rental Vacancy Rate data for Gulfport

Date US Mississippi Gulfport, MS
2019 5.97% 10.67% 11.60%
2018 6.15% 10.48% 11.30%
2017 6.18% 10.71% 13.98%
2016 5.89% 8.63% 10.44%
2015 5.85% 8.89% 11.23%
2014 6.32% 9.10% 11.73%
2013 6.49% 8.71% 12.40%
2012 6.77% 10.91% 15.81%
2011 7.40% 13.13% 18.79%
2010 8.17% 12.60% 18.86%
2009 8.43% 11.34% 20.92%

more history ...

Rent as a Fraction of Income

Using median household income data for Gulfport, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Gulfport, median monthly gross rent as a fraction of median household income was 21.49% in 2019 according to the ACS.

Gulfport Mississippi Median Annual Rent as a Fraction of Median Household Income

2019 1 Year Change 3 Year Change
US 20.03% -0.47% -0.40%
Mississippi 20.36% -0.49% -0.56%
Gulfport, MS 21.49% +0.22% +0.07%

Trends in Gulfport, MS Rent as a Fraction of Income

The fraction of median Gulfport household income required to pay median monthly gross rent peaked in 2011 (relative to the 2005 series origin) at 24.76%. Since then it has fallen by 3.27% to 21.49%.

Fraction of Income towards Rent: Gulfport MS, Mississippi, US

Percent of median household income going towards median monthly gross rent in Gulfport Mississippi

Historical Data for Annual Rent as a Fraction of Income in Gulfport Mississippi

Date US Mississippi Gulfport, MS
2019 20.03% 20.36% 21.49%
2018 20.50% 20.85% 21.27%
2017 20.13% 20.46% 21.61%
2016 20.43% 20.92% 21.42%
2015 20.63% 21.40% 22.17%
2014 20.89% 21.50% 21.84%
2013 20.78% 22.38% 21.70%
2012 20.65% 21.54% 23.15%
2011 20.70% 22.39% 24.76%
2010 20.50% 21.88% 23.56%
2009 20.12% 21.09% 23.62%

more history ...

Renter Fraction in Gulfport Mississippi

You can calculate the renter fraction in Gulfport in at least two ways: by housing units or by population. I've gone with the housing units measure here. This measure looks at the number of renting households in Gulfport as a fraction of total Gulfport households. In 2019 34.48% of households were renters according to Census ACS data.

Gulfport Fraction of Renters by Household Units

2019 1 Year Change 3 Year Change
US 35.89% -0.16% -0.99%
Mississippi 32.68% +0.89% -0.05%
Gulfport, MS 34.48% -3.82% -2.12%

Trends in the Gulfport, MS Renter Fraction

The Gulfport household renter fraction peaked in in 2012 at 38.60% and is now 4.12% below that level. The origin year for the series is 2005.

Fraction of Renting Households: Gulfport MS, Mississippi, US

Fraction of renters in Gulfport

History of Gulfport Renter Fraction

Date US Mississippi Gulfport, MS
2019 35.89% 32.68% 34.48%
2018 36.05% 31.79% 38.30%
2017 36.13% 31.50% 37.02%
2016 36.88% 32.73% 36.60%
2015 36.97% 32.61% 38.23%
2014 36.90% 32.33% 37.43%
2013 36.50% 32.80% 38.38%
2012 36.09% 31.81% 38.60%
2011 35.42% 30.19% 35.29%
2010 34.65% 30.24% 31.70%
2009 34.13% 30.51% 31.73%

more history ...

1. Gross rent is defined as contract rent plus the estimated average monthly cost of utilities (electricity, gas, water, and sewer) and fuel (oil, coal, kerosene, wood, etc.). Because some rentals include utilities and others don't, gross rent is a way of normalizing the variability.

2. Real dollars are calculated using the CPI-U less shelter series.

3. The rental vacancy rate is computed by dividing the number of vacant units for rent by the sum of the renter-occupied units, vacant units that are for rent, and vacant units that have been rented but not yet occupied.