Real Estate Investing in Biloxi, Mississippi (39532)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 39532 (Biloxi, MS)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 9.6% vacancy may signal weakening demand.
What’s happening in Biloxi, MS (39532)?
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Market Analysis: 39532 Biloxi
ZIP 39532 inside Harrison County looks affordable on the surface — median value of $274K — but the discount exists for reasons that a careful buyer should understand before committing.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $274K asset, 39532 is the wrong submarket. If the plan prices in friction, the yield can still work.
Within MS, ZIP 39532 trails on several market indicators that neighboring Harrison County submarkets outperform. The gap is real and substantial enough to shape underwriting.
Who lives in 39532 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Experienced landlords with local relationships tend to find 39532 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Biloxi:
Property Strategy for 39532
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $193,694 | $1,140 | 4.2% | +4.4% | $96,847 |
| 3BR | $228,431 | $1,490 | 4.7% | +5.6% | $76,144 |
| 4BR | $318,262 | $1,680 | 3.8% | +5.1% | $79,566 |
| 5BR | $428,116 | — | — | +4.0% | $85,623 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 39532 Compare?
| Metric | 39532 | Biloxi | Gulfport-Biloxi, MS | Mississippi |
|---|---|---|---|---|
| Home Value | $274,490 | $160,640 | N/A | $186,446 |
| 5-Year CAGR | 3.5% | 4.2% | N/A | 4.0% |
| Avg Rent | $1,399 | $1,320 | N/A | - |
| Cap Rate | 4.0% | 5.0% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 39532 (Biloxi, MS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $274,490 |
| Monthly Rent | $1,399 |
| Price-to-Rent | 16.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.1% |
| Cap Rate | 4.0% |
| 5-Year IRR | 7.5% |
📈 Home Appreciation
| 1-Year | +3.5% ▲ |
| 3-Year CAGR | +1.8% ▲ |
| 5-Year CAGR | +3.5% ▲ |
| 10-Year CAGR | +4.6% ▲ |
🏠 Rent Trends
| 1-Year | -1.0% ▼ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.0%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 39532
Population: 36,710
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 39532
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Do rentals sit vacant long in Biloxi, MS?
Biloxi, MS vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
Are tenants stable in Biloxi, MS?
The tenant pool in Biloxi, MS is solid, supported by local employment and population fundamentals. Rents of $1,399/mo are well-absorbed by the market.
What kind of market is Biloxi, MS for investors?
Biloxi, MS rates 3.0/5 for investability. With median values at $274K and rents near $1,399/mo, the market offers reasonable fundamentals for rental investors.
How landlord-friendly is Biloxi, MS?
MS ranks as a landlord-friendly state for landlord-tenant law. Biloxi generally follows the statewide framework, so landlords face reasonable operating rules.
Which investment style suits Biloxi, MS?
In Biloxi, MS the sturdy play is typically careful cash-flow rentals with hands-on management. The combination of $274K prices and $1,399/mo rents suits that approach.
You know 39532 now. You don’t know where it ranks.
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How 39532 ranks in Gulfport-Biloxi, MS
Every ZIP in this metro, ranked. Free.
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