True Cost of Renting in Oxford, MS
Oxford is home to the University of Mississippi (Ole Miss) — and the Square's bookstores, Square Books, and restaurant scene have made it the most literarily significant college town in the South. William Faulkner's Rowan Oak is a walking distance from campus. Ole Miss football's Vaught-Hemingway Stadium creates game-day demand that rivals much larger universities. Rents are surprisingly high for a small Mississippi city.
Neighborhoods & Average Rents
The Square / Oxford Downtown
- Studio:
- $950/mo
- 1 Bed:
- $1,100/mo
- 2 Bed:
- $1,500/mo
Oxford's famous courthouse square; walkable restaurants, Square Books, and entertainment. Apartments above retail and in surrounding blocks command premiums for location. Very competitive — sign early. Entergy Mississippi electric.
Oxford University Area
- Studio:
- $850/mo
- 1 Bed:
- $1,000/mo
- 2 Bed:
- $1,400/mo
Student-adjacent neighborhoods around the Ole Miss campus; August lease synchronization. Walk to campus and The Square. Older houses and apartment buildings at lower rents than The Square proper.
South Oxford / Old Taylor Road
- 1 Bed:
- $1,100/mo
- 2 Bed:
- $1,500/mo
Residential area with newer apartment communities south of campus; lower game-day noise impact. Car helpful. Ole Miss Grove tailgating access still practical. Better for non-student long-term renters.
Utility Providers
- Electric
- Entergy Mississippi
- Water
- City of Oxford Water Utilities
- Internet
- Comcast Xfinity, AT&T Internet, Starlink
Commute & Transportation
Oxford is 75 miles south of Memphis, TN on US-78 (I-22). Memphis is the nearest major airport and employment center. Ole Miss (22,000 students, 3,500 staff) dominates local employment. The Baptist Memorial Hospital-North Mississippi is the largest non-university employer. Oxford is not a commuter suburb — it is a destination city best suited for those with local or remote employment.
Rental Market Overview
Oxford rents run higher than comparable-sized Mississippi cities due to Ole Miss demand and the town's national reputation. Entergy Mississippi summer bills average $110–170/month. Ole Miss game weekends (6–7 home games per year) create intense short-term rental demand that local landlords leverage with seasonal pricing clauses. The Square's cultural reputation attracts remote workers and creatives who find the town's literary character compelling at below-Nashville prices.
Data last updated: 2026-04
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