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Rent Inflation in Gulfport, MS

The average asking rent in Gulfport, MS is $1,443/month as of 2026-08. That is +1.2% compared to a year ago.

Source: Zillow Observed Rent Index (ZORI) | zillow.com/research

Current Avg Rent

$1,443/mo

as of 2026-08

Year-over-Year Change

+1.2%

24-Month Rent Trend

Monthly ZORI index values for Gulfport, MS.

MonthAvg Asking RentChange from Prior Month
2026-08$1,443-0.55%
2026-07$1,451-0.34%
2026-06$1,456+0.07%
2026-05$1,455-0.14%
2026-04$1,457+0.97%
2026-03$1,443-0.14%
2026-02$1,445+0.70%
2026-01$1,435-0.21%
2025-12$1,438+0.91%
2025-11$1,425-0.07%
2025-10$1,426+0.07%
2025-09$1,425-0.07%
2025-08$1,426+1.35%
2025-07$1,407+1.01%
2025-06$1,393+0.72%
2025-05$1,383+0.66%
2025-04$1,374+0.88%
2025-03$1,362+0.37%
2025-02$1,357-0.07%
2025-01$1,358+0.22%
2024-12$1,355-0.07%
2024-11$1,356+0.15%
2024-10$1,354-0.37%
2024-09$1,359—

Why Rent Inflation Matters

Shelter is the single largest component of the official CPI, accounting for roughly one-third of the index. But the BLS shelter index tends to lag real-market rent changes by 12–18 months because it measures rents paid by all tenants — including long-term renters locked into old leases. ZORI measures asking rents for new leases, making it a timelier signal of where CPI shelter inflation is headed.

When ZORI is rising sharply in your city, it is a leading indicator that official shelter inflation — and therefore overall CPI — will remain elevated in coming months.

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Data Source

Rent data uses the Zillow Observed Rent Index (ZORI), a smoothed measure of typical market-rate asking rents updated monthly by Zillow Research. ZORI covers single-family homes, condos, and co-ops and reflects asking rents for new leases — making it a more timely indicator than the lagged BLS shelter index. zillow.com/research | Money & Prices