Cost of living in Greenville, MS — Housing, Rent & Index

Housing, rent, and a comparison to the US average.

$56,769
Median home value
/mo
Median rent
16
Cost index (US=100)
-20.1%
Home YoY change

The median home value in Greenville, MS is $56,769 as of 2026-04. That places Greenville below the US average for housing cost, with a cost index of approximately 16 versus a national baseline of 100.

Over the past 12 months, the median home value in Greenville has fallen 20.1%, and over the past five years it has averaged -11.6% annual growth. The current price sits -50.4% from its 5-year peak in 2022-01.

Beyond housing, day-to-day costs in Greenville are shaped by state and local taxes, utility rates, transportation, and groceries. This page focuses on the housing component, which is the largest single line in most household budgets and the easiest to compare across cities using consistent national data.

Housing

Median home value$56,769
1-year change-20.1%
5-year CAGR-11.6%
10-year CAGR
vs 5-year peak-50.4%

Source: Zillow Home Value Index (ZHVI).

How Greenville compares

Cost index16 (below US)
Median home vs US (~$355k)-84.0%
Population27,015
Momentum score10 (Declining)

Cost index is currently a housing-only proxy; full BLS basket coming with ACS pull.

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.