States › Mississippi › Senatobia

Is Senatobia, MS expensive to live in?

CheapRent takes 19 cents of every $1 people earn here.
🏠 Rent per month (2026)$94246% lower than U.S. average
💵 Families earn per year (2026)$58,419about $4,868/month · 33% lower than U.S. average
🔑 House price$212,10036% lower than U.S. average

Rent here is among the lowest 10% of all U.S. cities. A typical house costs about 3.6 years of household income. Commutes are long, about 34.6 minutes each way.

How much money do I need?

To rent here comfortably, you should earn about $37,680 a year. That is $18 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 17 of 66 cities from cheapest to most expensive.

Senatobia
$942
Gulf Hills
$1,828
St. Martin
$1,297
Indianola
$1,204
New Albany
$1,024
Booneville
$724
Diamondhead
$1,653

How much do households earn in Senatobia?

Under $25k
21.5%
$25k–50k
26.9%
$50k–100k
32.9%
$100k–150k
9.8%
$150k+
5.6%

Share of households by yearly income. 15.4% of households earn $100,000 or more.

Rent by apartment size in Senatobia

SizeSenatobiaU.S. average
1 bedroom$671$1,324
2 bedrooms$703$1,509
3 bedrooms$1,061$1,698

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

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

Taxes and bills in Senatobia

🏛️ Property tax$1,673a year · 0.79% of home value · U.S. $3,119
⚡ Electric bill$178a month (typical) · U.S. $156

Life in Senatobia

Commute to work34.6 minU.S.: 26.4 min
College degree29.1%U.S.: 35.7%
Own their home53.7%U.S.: 65.2%
Below poverty line26.4%U.S.: 12.5%
Unemployment3%U.S.: 5.2%

Is it cheaper to rent or buy in Senatobia?

Renting is cheaper right now: about $530 a month less.

Renting
$942
Owning
$1,472

Owning assumes a typical $212,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $21,210 for the down payment.

Frequently asked questions

What is the average rent in Senatobia, MS?

Renting in Senatobia costs a median of about $942 a month in 2026, including utilities. The Mississippi median is $1,187.

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

To keep rent under 30% of income, you need about $37,680 a year, or $18 an hour at a full-time job.

Is Senatobia cheap or expensive?

Senatobia is rated Cheap: rent takes 19.3% of the typical household income of $58,419. It ranks 17th cheapest of 66 Mississippi cities we track.

How much are property taxes in Senatobia?

The median homeowner in Senatobia pays $1,673 a year in property taxes, about 0.79% of the median home value.

Is Senatobia 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 Senatobia?

The median home value in Senatobia is $212,100, about 3.6 times the typical yearly household income.

8,380 people live in Senatobia. Numbers are typical (middle) values.