States › Mississippi › Ocean Springs

Is Ocean Springs, MS expensive to live in?

OKRent takes 21 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,49115% lower than U.S. average
💵 Families earn per year (2026)$85,969about $7,164/month · 1% lower than U.S. average
🔑 House price$259,40022% lower than U.S. average

Rent is lower than in 58% of U.S. cities. A typical house costs about 3.0 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $59,640 a year. That is $29 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 53 of 66 cities from cheapest to most expensive.

Ocean Springs
$1,491
Gautier
$1,047
Hernando
$2,356
Laurel
$1,229
Long Beach
$1,124
Vicksburg
$1,326
Pascagoula
$1,020

How much do households earn in Ocean Springs?

Under $25k
9.1%
$25k–50k
22.3%
$50k–100k
38.0%
$100k–150k
15.7%
$150k+
9.9%

Share of households by yearly income. 25.6% of households earn $100,000 or more.

Rent by apartment size in Ocean Springs

SizeOcean SpringsU.S. average
Studio$356$1,338
1 bedroom$1,013$1,324
2 bedrooms$1,328$1,509
3 bedrooms$1,613$1,698
4 bedrooms$1,729$2,098

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

How expensive is Ocean Springs 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 Ocean Springs, so the Mississippi figure is shown.

Taxes and bills in Ocean Springs

🏛️ Property tax$2,046a year · 0.79% of home value · U.S. $3,119
⚡ Electric bill$182a month (typical) · U.S. $156

Life in Ocean Springs

Commute to work26.3 minU.S.: 26.4 min
College degree46.3%U.S.: 35.7%
Own their home68.7%U.S.: 65.2%
Below poverty line5.5%U.S.: 12.5%
Unemployment4.2%U.S.: 5.2%

Is it cheaper to rent or buy in Ocean Springs?

Renting is cheaper right now: about $309 a month less.

Renting
$1,491
Owning
$1,800

Owning assumes a typical $259,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $25,940 for the down payment.

Frequently asked questions

What is the average rent in Ocean Springs, MS?

Renting in Ocean Springs costs a median of about $1,491 a month in 2026, including utilities. The Mississippi median is $1,187.

How much do I need to make to live in Ocean Springs?

To keep rent under 30% of income, you need about $59,640 a year, or $29 an hour at a full-time job.

Is Ocean Springs cheap or expensive?

Ocean Springs is rated OK: rent takes 20.8% of the typical household income of $85,969. It ranks 53rd cheapest of 66 Mississippi cities we track.

How much are property taxes in Ocean Springs?

The median homeowner in Ocean Springs pays $2,046 a year in property taxes, about 0.79% of the median home value.

Is Ocean Springs 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 Ocean Springs?

The median home value in Ocean Springs is $259,400, about 3.0 times the typical yearly household income.

18,646 people live in Ocean Springs. Numbers are typical (middle) values.