Real Estate Investing in Decatur, Mississippi

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 4,675 • Newton County

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Should you buy in Decatur, MS? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (50/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
WEAK
2.0 / 5 (33/100)

Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.

⚠️ Risks to Know
2 flags
  • Elevated vacancy: 9.9% vacancy may signal weakening demand.
  • Flat appreciation: Values have barely moved over 5 years (1.1% CAGR).

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2.0/ 5

Investability

Citywide average

1.0/ 5

Appreciation

1.1% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $174,063
Avg Monthly Rent $765
ZIP Codes 1

Investing in Decatur Real Estate

Decatur in Mississippi is one of the markets where the numbers warn before they reward — 1 ZIPs, a sizable population, and a rating that reflects material risk.

Decatur is the kind of market where the cap rate on paper and the cap rate realized tend to diverge. unambiguously out-of-state investors should be especially careful with the assumptions they carry in.

The $765/mo / $174K relationship in Decatur looks lackluster once vacancy and capex are incorporated into underwriting. appears to the realized yield tends to disappoint.

Population dynamics in Decatur haven't been supportive. a stretch for combined with muted income growth, the demographic backdrop complicates any purely financial underwriting.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

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Avg Home Value
$174,063
Avg Monthly Rent
$765
1% Rule
✗ Below
Landlord Friendly (MS)

🎓 Colleges & Universities in Decatur

1 College 2,523 Students 436 Off-Campus Renters
C+
East Central Community College
2-Year Public · 2,523 students
📍 ~436 students rent off-campus

ZIP Codes in Decatur, MS

Screen every ZIP in Decatur

Filter Decatur’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Decatur, MS

What are rental rates like in Decatur, MS?

Rental rates in Decatur, MS average $765/mo. Tenant demand and $174K home values make the yield look reasonable by investor standards.

How expensive is real estate in Decatur, MS?

The median home value in Decatur, MS is roughly $174K. That puts it reasonable relative to the MS statewide average.

What is the investability score for Decatur, MS?

Decatur, MS sits at an investability rating of 2.0/5, with median home values near $174K and average rents around $765/mo. That combination puts it in the durable tier for investor interest.

Do rentals sit vacant long in Decatur, MS?

Rental vacancy in Decatur, MS is elevated. Investors should budget normal turnover but not chronic empty units.

What does house hacking look like in Decatur, MS?

For house hackers, Decatur, MS is a challenging. The $765/mo rent on a unit helps defray the mortgage on a $174K property.

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