Real Estate Investing in Waveland, Mississippi

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

1 ZIP codes • Population: 6,249 • Hancock County

☆ Watch this market Free account

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

🏠 For Homebuyers
CAUTION
Grade D (53/100)

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

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 16.4% of homes vacant — above national norms.

What’s happening in Waveland, MS?

Click any question — our AI will research it live from the web and show you sources.

✨ Live AI + Web Search
Want to ask your own questions? Upgrade to Pro for unlimited custom queries.
3.0/ 5

Investability

Citywide average

2.0/ 5

Appreciation

3.6% 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 $217,719
Avg Monthly Rent $909
ZIP Codes 1

Investing in Waveland Real Estate

Waveland, MS covers 1 ZIP codes and a population but the investment metrics here are muted — this is not a market to enter casually.

The investment case for Waveland is difficult to make on screen data alone. a stretch for a 3.0 rating and a cap rate of 0.0% that looks fine only until you underwrite the vacancy.

clearly Waveland's sale market has not rewarded patience. better suited elsewhere for listings sit longer, price cuts are common, and rent growth has been flat to negative in multiple ZIPs.

A an established population with $N/AK household income profile is what makes Waveland a challenging rental market — the tenant base is present, but the affordability math is tight.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Open the Market Finder →
Free to search · investor plans from $19/mo

Best ZIP codes in Gulfport-Biloxi, MS

Waveland is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

Real numbers from people who own or manage rentals in Waveland, MS. Anonymous, moderated, never written by AI.

Do you own or manage rentals in Waveland, MS?

~25 seconds · no account needed · your report is anonymous

Avg Home Value
$217,719
Avg Monthly Rent
$909
1% Rule
✗ Below
Landlord Friendly (MS)

ZIP Codes in Waveland, MS

Screen every ZIP in Waveland

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

View Plans

Frequently Asked Questions About Waveland, MS

What is the investability score for Waveland, MS?

Waveland, MS comes in at an investability rating of 3.0/5, with median home values near $218K and average rents around $909/mo. That combination puts it in the durable tier for investor interest.

How expensive is real estate in Waveland, MS?

Median home price in Waveland, MS is near $218K, with a 5-year CAGR of 0.0%. Prices have been steady and supportive of buy-and-hold strategies.

What do rentals go for in Waveland, MS?

Average rent in Waveland, MS is approximately $909/mo per month. Against $218K home values that yields a reasonable rent-to-price ratio.

Is Waveland, MS landlord-friendly?

MS ranks as a landlord-friendly state for landlord-tenant law. Waveland generally follows the statewide framework, so landlords face reasonable operating rules.

Do landlords face vacancy issues in Waveland, MS?

Expect elevated vacancy in Waveland, MS. Rents at $909/mo are absorbed by the tenant base without meaningful lag.

Community Ratings

What people who’ve spent time here actually say. Not paid reviews.

Be the first to rate Waveland, MS.

It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.