States › Mississippi › Clarksdale

Is Clarksdale, MS expensive to live in?

ExpensiveRent takes 31 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,00143% lower than U.S. average
💵 Families earn per year (2026)$39,238about $3,270/month · 55% lower than U.S. average
🔑 House price$83,90075% lower than U.S. average

Rent is lower than in 88% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 17.9 minutes.

How much money do I need?

To rent here comfortably, you should earn about $40,040 a year. That is $19 an hour at a full-time job.

Is rent cheaper than other Mississippi cities?

Yes. Rent here is cheaper than in most of Mississippi. It is number 20 of 66 cities from cheapest to most expensive.

Clarksdale
$1,001
$1,413

How much do households earn in Clarksdale?

Under $25k
33.4%
$25k–50k
29.7%
$50k–100k
20.7%
$100k–150k
3.2%
$150k+
2.7%

Share of households by yearly income. 5.9% of households earn $100,000 or more.

Rent by apartment size in Clarksdale

SizeClarksdaleU.S. average
Studio$505$1,338
1 bedroom$502$1,324
2 bedrooms$781$1,509
3 bedrooms$916$1,698
4 bedrooms$1,041$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Clarksdale overall?

Everyday prices in Mississippi overall are 13% below the U.S. average (index 87.0, U.S. = 100).

Housing
56
Goods (food, clothes…)
96
Utilities
78
Other services
96
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Clarksdale, so the Mississippi figure is shown.

Taxes and bills in Clarksdale

🏛️ Property tax$1,342a year · 1.60% of home value · U.S. $3,119
⚡ Electric bill$169a month (typical) · U.S. $156

Life in Clarksdale

Commute to work17.9 minU.S.: 26.4 min
College degree19.4%U.S.: 35.7%
Own their home45.9%U.S.: 65.2%
Below poverty line40.3%U.S.: 12.5%
Unemployment10.8%U.S.: 5.2%

Is it cheaper to rent or buy in Clarksdale?

Buying is cheaper month to month: about $419 a month less than renting.

Renting
$1,001
Owning
$582

Owning assumes a typical $83,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $8,390 for the down payment.

Frequently asked questions

What is the average rent in Clarksdale, MS?

Renting in Clarksdale costs a median of about $1,001 a month in 2026, including utilities. The Mississippi median is $1,187.

How much do I need to make to live in Clarksdale?

To keep rent under 30% of income, you need about $40,040 a year, or $19 an hour at a full-time job.

Is Clarksdale cheap or expensive?

Clarksdale is rated Expensive: rent takes 30.6% of the typical household income of $39,238. It ranks 20th cheapest of 66 Mississippi cities we track.

How much are property taxes in Clarksdale?

The median homeowner in Clarksdale pays $1,342 a year in property taxes, about 1.60% of the median home value.

Is Clarksdale more expensive than the national average?

Overall prices in Mississippi are 13% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Clarksdale?

The median home value in Clarksdale is $83,900, about 2.1 times the typical yearly household income.

14,231 people live in Clarksdale. Numbers are typical (middle) values.