Mortgage Rates in Mississippi — April 2026
Compare current mortgage rates across 48 cities in Mississippi. The average 30-year fixed rate is 6.75%, which is 0.66% above the national average of 6.09%.
Mississippi Housing Highlights
All 48 Cities in Mississippi
| City | 30-Yr Rate | Home Price | Monthly P&I | Population |
|---|---|---|---|---|
| Jackson | 6.75% | $135,000 | $700 | 153,701 |
| Gulfport | 6.75% | $165,000 | $856 | 72,926 |
| Southaven | 6.75% | $225,000 | $1,167 | 55,026 |
| Hattiesburg | 6.75% | $155,000 | $804 | 48,292 |
| Biloxi | 6.75% | $195,000 | $1,012 | 46,212 |
| Olive Branch | 6.75% | $255,000 | $1,323 | 42,606 |
| Collins | 6.8% | $87,500 | $456 | 38,531 |
| Tupelo | 6.75% | $195,000 | $1,012 | 38,300 |
| Meridian | 6.75% | $115,000 | $597 | 37,252 |
| Oxford | 6.75% | $295,000 | $1,531 | 28,122 |
| Brandon | 6.71% | $139,000 | $718 | 28,003 |
| Horn Lake | 6.88% | $146,000 | $768 | 27,523 |
| Madison | 6.63% | $128,000 | $656 | 27,450 |
| Greenville | 6.78% | $124,000 | $645 | 27,446 |
| Pearl | 6.68% | $142,000 | $732 | 26,462 |
| Senatobia | 6.64% | $127,500 | $654 | 26,196 |
| Starkville | 6.52% | $205,000 | $1,039 | 25,352 |
| Clinton | 6.73% | $133,000 | $689 | 24,797 |
| Ridgeland | 6.83% | $116,000 | $607 | 24,473 |
| Columbus | 6.76% | $135,000 | $701 | 23,640 |
| Pascagoula | 6.75% | $135,000 | $700 | 21,568 |
| Vicksburg | 6.74% | $127,000 | $658 | 21,536 |
| Aberdeen | 6.68% | $117,500 | $605 | 19,223 |
| Leland | 6.82% | $117,500 | $614 | 19,200 |
| Gautier | 6.84% | $128,000 | $670 | 18,572 |
| Laurel | 6.6% | $142,000 | $726 | 18,491 |
| Ocean Springs | 6.77% | $115,000 | $598 | 18,127 |
| Hernando | 6.87% | $117,000 | $615 | 18,015 |
| Long Beach | 6.68% | $120,000 | $618 | 15,702 |
| Clarksdale | 6.71% | $133,000 | $687 | 15,005 |
| Corinth | 6.79% | $138,000 | $719 | 14,573 |
| Natchez | 6.7% | $122,000 | $630 | 14,520 |
| D Iberville | 6.88% | $119,000 | $626 | 13,766 |
| Bay St. Louis | 6.7% | $132,000 | $681 | 13,684 |
| Moss Point | 6.61% | $124,000 | $634 | 13,470 |
| Greenwood | 6.75% | $120,000 | $623 | 13,092 |
| Canton | 6.82% | $137,000 | $716 | 12,577 |
| McComb | 6.86% | $144,000 | $756 | 12,322 |
| Brookhaven | 6.85% | $123,000 | $645 | 12,162 |
| Picayune | 6.89% | $129,000 | $679 | 11,940 |
| Cleveland | 6.85% | $125,000 | $655 | 11,411 |
| Petal | 6.8% | $138,000 | $720 | 10,854 |
| West Point | 6.8% | $127,000 | $662 | 10,654 |
| Yazoo City | 6.77% | $131,000 | $681 | 10,350 |
| Indianola | 6.85% | $108,000 | $566 | 9,449 |
| Holly Springs | 6.63% | $134,000 | $687 | 7,587 |
| Waveland | 6.73% | $116,000 | $601 | 7,048 |
| Pontotoc | 6.74% | $115,000 | $596 | 6,047 |
Mississippi Mortgage Rates Guide — 2026
Mississippi homebuyers currently see an average 30-year fixed mortgage rate of 6.75%, with median home prices around $140,667. At these rates, the typical monthly mortgage payment (principal and interest with 20% down) is $730.
The most affordable city for homebuyers in Mississippi is Collins, where the median home price is $87,500. On the other end, Oxford has the highest prices at $295,000. Property tax rates across the state average 0.81%.
To comfortably afford a home at the state average price, a household income of approximately $31,286 is recommended, following the standard guideline that housing costs should not exceed 28% of gross income.
Use our free loan calculator to see your exact monthly payments and amortization schedule, or browse individual city pages below for localized rate data and market insights.
Frequently Asked Questions — Mississippi Mortgages
What are current mortgage rates in Mississippi?
As of April 2026, the average 30-year fixed mortgage rate in Mississippi is 6.75% and the 15-year fixed rate averages 5.99%. Rates vary by city, lender, and borrower qualification.
What is the average home price in Mississippi?
The median home price across 48 cities in Mississippi is $140,667. Prices range from $87,500 in Collins to $295,000 in Oxford.
How much income do I need to buy a house in Mississippi?
Based on the 28% debt-to-income guideline, you would need a household income of approximately $31,286 to comfortably afford the average home in Mississippi. The median household income in the state is approximately $43,561.
Browse Mortgage Rates by State
Calculate Your Mississippi Mortgage Payment
Use our free calculator to see your exact monthly payment and amortization schedule.
Open Free Calculator