States › Mississippi › Flowood

Is Flowood, MS expensive to live in?

OKRent takes 22 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,6705% lower than U.S. average
💵 Families earn per year (2026)$90,465about $7,539/month · 4% higher than U.S. average
🔑 House price$342,2003% higher than U.S. average

Rent is higher than in 51% of U.S. cities. A typical house costs about 3.8 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $66,800 a year. That is $32 an hour at a full-time job.

Is rent cheaper than other Mississippi cities?

No. Rent here is more expensive than in most of Mississippi. It is number 59 of 66 cities from cheapest to most expensive.

Flowood
$1,670
Cleveland
$1,150
Canton
$1,173
Yazoo City
$506
Bay St. Louis
$1,241
Petal
$1,231
West Point
$1,108

How much do households earn in Flowood?

Under $25k
16.0%
$25k–50k
13.1%
$50k–100k
31.6%
$100k–150k
24.1%
$150k+
11.5%

Share of households by yearly income. 35.6% of households earn $100,000 or more.

Rent by apartment size in Flowood

SizeFlowoodU.S. average
1 bedroom$1,256$1,324
2 bedrooms$1,593$1,509
3 bedrooms$1,495$1,698

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

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

Taxes and bills in Flowood

🏛️ Property tax$2,341a year · 0.68% of home value · U.S. $3,119
⚡ Electric bill$136a month (typical) · U.S. $156

Life in Flowood

Commute to work21.5 minU.S.: 26.4 min
College degree55%U.S.: 35.7%
Own their home54.2%U.S.: 65.2%
Below poverty line13.4%U.S.: 12.5%
Unemployment4.1%U.S.: 5.2%

Is it cheaper to rent or buy in Flowood?

Renting is cheaper right now: about $704 a month less.

Renting
$1,670
Owning
$2,374

Owning assumes a typical $342,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $34,220 for the down payment.

Frequently asked questions

What is the average rent in Flowood, MS?

Renting in Flowood costs a median of about $1,670 a month in 2026, including utilities. The Mississippi median is $1,187.

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

To keep rent under 30% of income, you need about $66,800 a year, or $32 an hour at a full-time job.

Is Flowood cheap or expensive?

Flowood is rated OK: rent takes 22.2% of the typical household income of $90,465. It ranks 59th cheapest of 66 Mississippi cities we track.

How much are property taxes in Flowood?

The median homeowner in Flowood pays $2,341 a year in property taxes, about 0.68% of the median home value.

Is Flowood 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 Flowood?

The median home value in Flowood is $342,200, about 3.8 times the typical yearly household income.

10,587 people live in Flowood. Numbers are typical (middle) values.