Cost of Living in DeSoto County, Mississippi
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How DeSoto County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
DeSoto County ranks #2,791 of 3,142 counties for affordability (bottom 11%)
Sourced county brief
DeSoto County Median Gross Rent Reaches 1,451 Dollars per Month
DeSoto County recorded a median gross rent of $1,451 per month, which is $646 above the Mississippi unweighted county mean of $805. According to the U.S. Census Bureau ACS 2020-2024 5-Year Estimates, the official B25071 median gross rent as a percentage of household income (GRAPI) was estimated at 30.9%. This official GRAPI value is 1.4 percentage points higher than the state unweighted county mean of 29.5%. In the owner-occupied sector, the median home value was $269,600, compared to a state unweighted county mean of $135,817, while median selected monthly owner costs were $1,342 per month. The median income for renter households in the county was estimated at $51,436. All figures are based on the five-year survey period ending in 2024. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: DeSoto County
Affordability Verdict
ACS B25071 estimates median gross rent at 30.9% of renter household income in DeSoto County, which is between the 30% and 50% rent-burden benchmarks. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $1,451 per month; median selected monthly owner costs are $1,342. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $58,040 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The Mississippi unweighted mean of county median rents is $805 per month. DeSoto County's $1,451 median is 80.3% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in DeSoto County
Rent Burden
20.4%
of gross income
Max Housing (28% Rule)
$1,990
per month
Owner Cost Burden
18.9%
of gross income
The median home in DeSoto County may be a stretch
Median home value is $269,600. Estimated monthly cost: $2,152 vs. your max of $1,990.
Rent Affordability Guide
Income Needed Calculator
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
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