DeSoto County, MS at a glance
Median household income
$85,297$7,108 per month · U.S. Census Bureau ACS 5-YearHow much rent can you afford in DeSoto County, MS?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
How much is rent in DeSoto County, MS? By bedroom, 2026
HUD's fiscal 2026 Fair Market Rents for Memphis, TN-MS-AR HUD Metro FMR Area, with the income each one takes if rent stays under 30% of it.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $1,060 | $12,720 | $42,400 | 14.9% |
| 1-Bedroom Apartment | $1,154 | $13,848 | $46,160 | 16.2% |
| 2-Bedroom ApartmentBenchmark | $1,274 | $15,288 | $50,960 | 17.9% |
| 3-Bedroom Home | $1,683 | $20,196 | $67,320 | 23.7% |
| 4-Bedroom Home | $1,959 | $23,508 | $78,360 | 27.6% |
What a typical income covers in DeSoto County, MS
The 50/30/20 rule applied to the local median of $85,297 a year ($7,108 a month before tax).
What $85,297 leaves after Mississippi taxes
Federal income tax, Social Security, Medicare and Mississippi tax on the local median income. Change the salary to see yours.
Rent, jobs and pay in Mississippi
Living in DeSoto County, MS: common questions
What is the median household income in DeSoto County, MS?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in DeSoto County, MS is $85,297 per year (approximately $7,108 per month).
What is the average rent in DeSoto County, MS?
The closest official figure is HUD's Fair Market Rent for 2026: $1,060 for a studio, $1,154 for one bedroom, $1,274 for two, $1,683 for three and $1,959 for four, utilities included.
It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.
Is DeSoto County, MS expensive to live in?
Prices there run 7.8% below the U.S. average. BEA's regional price parity for the metro area is 92.2, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.
How much do you need to earn to comfortably afford rent in DeSoto County, MS?
To keep a $1,274 two-bedroom under 30% of gross income, a household needs about $50,960 a year, or $4,247 a month. That is 60% of what the typical household in DeSoto County, MS earns.
How much do you need to live comfortably in DeSoto County, MS?
On the local median income of $85,297 ($7,108 a month before tax), the 50/30/20 rule leaves $3,554 a month for needs like rent, utilities and groceries, $2,132 for everything else and $1,422 for savings or debt. A two-bedroom at $1,274 takes 36% of the needs share.
How much is the electric bill in DeSoto County, MS?
Homes in Mississippi paid 14.9¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $134. Your bill depends mostly on heating and cooling.