States › Mississippi › Cleveland

Is Cleveland, MS expensive to live in?

OKRent takes 29 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,15034% lower than U.S. average
💵 Families earn per year (2026)$47,534about $3,961/month · 45% lower than U.S. average
🔑 House price$159,30052% lower than U.S. average

Rent is lower than in 79% of U.S. cities. A typical house costs about 3.4 years of household income. Commutes are short, about 16.7 minutes.

How much money do I need?

To rent here comfortably, you should earn about $46,000 a year. That is $22 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 31 of 66 cities from cheapest to most expensive.

Cleveland
$1,150
$1,670
$1,173
$1,231

How much do households earn in Cleveland?

Under $25k
22.2%
$25k–50k
29.1%
$50k–100k
26.8%
$100k–150k
5.9%
$150k+
3.3%

Share of households by yearly income. 9.2% of households earn $100,000 or more.

Rent by apartment size in Cleveland

SizeClevelandU.S. average
1 bedroom$604$1,324
2 bedrooms$988$1,509
3 bedrooms$1,480$1,698

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

How expensive is Cleveland 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 Cleveland, so the Mississippi figure is shown.

Taxes and bills in Cleveland

🏛️ Property tax$1,185a year · 0.74% of home value · U.S. $3,119
⚡ Electric bill$152a month (typical) · U.S. $156

Life in Cleveland

Commute to work16.7 minU.S.: 26.4 min
College degree34.8%U.S.: 35.7%
Own their home66.8%U.S.: 65.2%
Below poverty line29.3%U.S.: 12.5%
Unemployment7.9%U.S.: 5.2%

Is it cheaper to rent or buy in Cleveland?

About the same. Renting and owning cost within $45 of each other each month.

Renting
$1,150
Owning
$1,105

Owning assumes a typical $159,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $15,930 for the down payment.

Frequently asked questions

What is the average rent in Cleveland, MS?

Renting in Cleveland costs a median of about $1,150 a month in 2026, including utilities. The Mississippi median is $1,187.

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

To keep rent under 30% of income, you need about $46,000 a year, or $22 an hour at a full-time job.

Is Cleveland cheap or expensive?

Cleveland is rated OK: rent takes 29.0% of the typical household income of $47,534. It ranks 31st cheapest of 66 Mississippi cities we track.

How much are property taxes in Cleveland?

The median homeowner in Cleveland pays $1,185 a year in property taxes, about 0.74% of the median home value.

Is Cleveland 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 Cleveland?

The median home value in Cleveland is $159,300, about 3.4 times the typical yearly household income.

10,623 people live in Cleveland. Numbers are typical (middle) values.