States › Mississippi › Gulf Park Estates

Is Gulf Park Estates, MS expensive to live in?

OKRent takes 24 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,38921% lower than U.S. average
💵 Families earn per year (2026)$70,702about $5,892/month · 19% lower than U.S. average
🔑 House price$212,50036% lower than U.S. average

Rent is lower than in 64% of U.S. cities. A typical house costs about 3.0 years of household income. Most homes (82%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $55,560 a year. That is $27 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 49 of 66 cities from cheapest to most expensive.

Gulf Park Estates
$1,389
Pass Christian
$1,261
Amory
$878
Louisville
$649
Columbia
$848
Holly Springs
$813
West Hattiesburg
$912

How much do households earn in Gulf Park Estates?

Under $25k
4.9%
$25k–50k
39.1%
$50k–100k
34.7%
$100k–150k
11.9%
$150k+
8.8%

Share of households by yearly income. 20.7% of households earn $100,000 or more.

How expensive is Gulf Park Estates 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 Gulf Park Estates, so the Mississippi figure is shown.

Taxes and bills in Gulf Park Estates

🏛️ Property tax$1,491a year · 0.70% of home value · U.S. $3,119
⚡ Electric bill$213a month (typical) · U.S. $156

Life in Gulf Park Estates

Commute to work26.1 minU.S.: 26.4 min
College degree34.8%U.S.: 35.7%
Own their home82%U.S.: 65.2%
Below poverty line5%U.S.: 12.5%
Unemployment1%U.S.: 5.2%

Is it cheaper to rent or buy in Gulf Park Estates?

Renting is cheaper right now: about $85 a month less.

Renting
$1,389
Owning
$1,474

Owning assumes a typical $212,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $21,250 for the down payment.

Frequently asked questions

What is the average rent in Gulf Park Estates, MS?

Renting in Gulf Park Estates costs a median of about $1,389 a month in 2026, including utilities. The Mississippi median is $1,187.

How much do I need to make to live in Gulf Park Estates?

To keep rent under 30% of income, you need about $55,560 a year, or $27 an hour at a full-time job.

Is Gulf Park Estates cheap or expensive?

Gulf Park Estates is rated OK: rent takes 23.6% of the typical household income of $70,702. It ranks 49th cheapest of 66 Mississippi cities we track.

How much are property taxes in Gulf Park Estates?

The median homeowner in Gulf Park Estates pays $1,491 a year in property taxes, about 0.70% of the median home value.

Is Gulf Park Estates 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 Gulf Park Estates?

The median home value in Gulf Park Estates is $212,500, about 3.0 times the typical yearly household income.

6,264 people live in Gulf Park Estates. Numbers are typical (middle) values.