Tupelo, MS housing market

Lee CountyTupelo, MS metroData through Sep 2026
Typical home value
$216K
▲ 5.6% 1 yr
Typical rent
$1,423/mo
▲ 4.3% 1 yr
Gross rent yield
7.9%
U.S. 6.3%
5-year home value change
+26%
U.S. +20%

Key takeaways

  • 1The typical home in Tupelo is worth $216,061, up 5.6% over the past year and up 26% over five years.
  • 2Typical rent is $1,423 a month (+4.3% YoY), a gross rent yield of 7.9% (below the Tupelo, MS metro's 8.1%).
  • 3With 20% down at 7.32%, principal and interest on the typical home is about $1,187/mo, $236 less than typical rent.
  • 4Zillow forecasts the Tupelo, MS metro's home values to change +1.0% over the next 12 months.
Market temperature (Tupelo, MS metro)
Buyer's market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 38/100, #319 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value, Tupelo
Latest $216K
$137K$161K$186K$211K2016201920222025
Typical monthly rent, Tupelo
Latest $1,423
$1,204$1,283$1,361$1,4402023202420252026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Tupelo compares

MeasureTupeloTupelo, MS metroUnited States
Typical home value$216,061$192,900$366,157
Home value, 1-yr change+5.6%+6.7%+1.2%
Typical rent$1,423$1,301$1,932
Rent, 1-yr change+4.3%+3.3%+2.7%
Gross rent yield7.9%8.1%6.3%
Price-to-rent ratio12.712.415.8
Mortgage P&I, typical home$1,187$1,060$2,012

Run the numbers

Tupelo, MS metro report →Mississippi housing market →

City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.