Top Rental Markets in Mississippi
Learn about Mississippi's top rental markets including Laurel and Jackson. Understand trends in rent prices, median income, property leads, and more.
Read More »As one of the most landlord-friendly states, Mississippi is an ideal state to invest in rental property. Paired with a lower than average home value and low cost of living, Mississippi should be on the list for anyone looking to expand their rental resume. It should also be on the list for anyone looking to relocate. This is a state with a rich history, geography, and quality of life.
Laws that impact the rental market, landlords, and tenants are constantly being decided in states. Make sure you know what’s on your ballot – find Mississippi voting information here.
When it comes to Mississippi rental laws, there are a few specifics landlords need to know:
There are no additional rental application fee laws in Mississippi.
Landlords must make repairs within 14 days.
For a yearly lease, 60 days’ advance notice is required.
For a month-to-month lease, 30 days’ advance notice is required.
Landlords must provide 30 days advance notice of rent increases for month-to-month leases.
Build a Mississippi lease agreement in less than 15 minutes.
There are three sections to a residential lease agreement. The first section outlines the custom details of the contract, such as who’s involved and for what address. Here’s an example Mississippi lease agreement listing details found in Section 1:
Below are answers to some of the most commonly-asked questions when it comes to landlord-tenant laws in Mississippi:
Renters can withhold rent under the repair and deduct statute if a landlord fails to make necessary repairs.
Evicting a tenant in Mississippi typically takes anywhere from two to eight weeks, depending on the reason for eviction.
Mississippi is considered one of the most landlord-friendly states because of the lack of rent control laws, the power landlords have to handle evictions, and the ability to set lease terms.
There are four reasons a landlord may file for eviction in Mississippi. The four reasons include failure to pay rent, violation of the lease agreement, end of lease term, and safety violation. Depending on the violation, the landlord must give the tenant notice and anywhere from three to 14 days to cure their violation.
If the tenant fails to cure or move out, then the landlord may file a complaint with the court, which costs $75. After the complaint is filed, it will be served to the tenant at least five days before the hearing. The hearing will be held five to ten days after the complaint is filed.
If the court rules in favor of the landlord, then a writ of execution will be issued anywhere from a few hours to five days after the ruling. The tenant will have to move out within a time frame specified by the judicial officer upon being served the writ of execution.
Landlords must give a 30-day notice before asking a tenant to vacate the property.
TurboTenant has utilized many municipal sources and official state statutes to compile this information to the best of our ability. However, local laws are constantly in flux, and landlords and tenants alike should do their due diligence and consult legal help when it’s needed. We hope the following list can serve as a valuable resource and allow you to succeed as a landlord or tenant in Mississippi. Be sure to take proper precautions when it comes to finding the top candidates for your unit by utilizing our online rental application and tenant screening services.
Disclaimer: TurboTenant, Inc does not provide legal advice. This material has been prepared for informational purposes only. All users are advised to check all applicable local, state, and federal laws, and consult legal counsel should questions arise.
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