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TypicalCost

Typical Cost of a House in Rankin County, Mississippi

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The median home value in Rankin County is $237,400, measured over 2020–2024. That is 39.8% above the Mississippi median of $169,800. Half of owner-occupied homes are valued above that figure and half below.

Median home value

$237,400

2020–2024, give or take $5,888

Against Mississippi

+39.8%

AboveMississippi $169,800

Against the U.S.

−28.6%

BelowU.S. $332,700

Monthly housing costs in Rankin County

What households actually pay each month, for those who own with a mortgage and those who rent, compared with Mississippi as a whole.

Owning with a mortgage

$1,575a month

+13.0%Mississippi $1,394

Median of mortgage payments, property taxes, insurance, utilities and fees together.

Renting

$1,270a month

+33.1%Mississippi $954

Median gross rent: the rent itself plus utilities the renter pays.

Where Rankin County sits among Mississippi's counties

Each tick is one county's median home value. The highlighted band holds the middle half of them, and the dark line is the median. Rankin County is the 5th highest of 82.

Across 82 counties in Mississippi the median home value ranged from $69,600 to $315,400. The typical band runs from $102,425 to $156,925, with a median of $122,250. Rankin County is at $237,400.

What this figure is

It is not a sale price. The Census Bureau asks homeowners what they think their home would sell for, and this is the middle answer for owner-occupied homes in Rankin County. It covers every kind of home people own and live in, so the price of a particular house on the market can be far from it.

The figure describes the whole of 2020–2024, not a single year, and it is not adjusted for price changes since then. The smaller a county, the fewer households the survey reaches and the less exact its estimate: here the true value is very likely within $5,888 of the one shown.

Common questions

How much does a house cost in Rankin County, Mississippi?

The median home value in Rankin County, Mississippi is $237,400, from Census Bureau survey data for 2020–2024. Half of owner-occupied homes are valued above that and half below.

What is the average home price in Rankin County, Mississippi?

The Census Bureau publishes a median rather than an average: $237,400 for 2020–2024. It is what owners estimate their homes would sell for, not a record of recent sale prices.

How much is a monthly mortgage payment in Rankin County, Mississippi?

Homeowners with a mortgage in Rankin County, Mississippi pay a median of $1,575 a month. That covers the mortgage payment together with property taxes, insurance and utilities.

What is the average rent in Rankin County, Mississippi?

Median gross rent in Rankin County, Mississippi is $1,270 a month for 2020–2024. Gross rent is the rent itself plus the utilities the renter pays.

Are homes in Rankin County, Mississippi expensive compared with other places?

Rankin County has the 5th highest median home value of the 82 counties in Mississippi with a published figure, 39.8% above the Mississippi median of $169,800.

Source

U.S. Census Bureau

American Community Survey 5-Year Estimates, 2020–2024, tables B25077, B25064 and B25088. Retrieved on October 6, 2026.

About the American Community Survey

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2020–2024.

Other counties in Mississippi

The percentage compares each county with the Mississippi median.