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Gulfport vs Columbus for Rental Property Investing

Side-by-side comparison of Gulfport, MS and Columbus, MS — cap rates, rent, prices, and investment metrics.

Columbus wins 4–3 across key metrics
Columbus leads on cash flow (6.81% vs 5.72% cap rate) · Gulfport leads on population growth
Metric
Gulfport, MS
Columbus, MS
Est. Cap Rate
5.72%
6.81%
Median Home Price
$220,000
$180,000
Median Monthly Rent
$1,420
$1,340
1% Rule
0.65%
0.74%
GRM
12.9x
11.2x
Price / Income
5.1x
4.6x
Property Tax Rate
0.68%
0.66%
Vacancy Rate
7%
7.4%
Population Growth
0.5% / yr
0.2% / yr
Annual Appreciation
2%
1.8%
Population
74,000
50,000
Median Income
$42,800
$39,333

Gulfport vs Columbus: Which Is Better for Investors?

Cash flow: Columbus has the edge with an estimated cap rate of 6.81% compared to Gulfport's 5.72%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $220,000 in Gulfport vs $180,000 in Columbus, while rents come in at $1,420/mo and $1,340/mo respectively. For context, the national average cap rate is 3.81% and average price is $333K.

Growth & appreciation: Gulfport is growing faster at 0.5% annually vs Columbus's 0.2%. Gulfport leads on home value appreciation at 2% per year.

Costs & risk: Property taxes are 0.68% in Gulfport vs 0.66% in Columbus. Vacancy rates of 7% and 7.4% are mixed — Gulfport has the tighter rental market.

Entry point: Columbus offers a lower entry at $180K vs Gulfport's $220K — a difference of $40K. With a 20% down payment, that's $36K vs $44K. Columbus combines the lower price with a higher cap rate — a compelling combination.

Bottom line: Columbus edges out Gulfport on most key metrics. With a 6.81% cap rate, it offers solid cash flow potential. Use our free calculators to model specific deals in Gulfport or Columbus.

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Gulfport, MS
5.72% cap rate · $220,000 median · $1,420/mo
Full analysis →
Columbus, MS
6.81% cap rate · $180,000 median · $1,340/mo
Full analysis →

Frequently Asked Questions

Is Gulfport or Columbus better for rental investing?
Columbus wins 4–3 across our 7 key metrics. Columbus's 6.81% cap rate and $180K median price give it the edge overall.
What is the cap rate difference between Gulfport and Columbus?
Gulfport has a 5.72% cap rate vs Columbus's 6.81% — a difference of 1.09 percentage points. This is a significant gap that meaningfully impacts cash flow. For context, the national average is 3.81%.
Which city has lower property taxes?
Columbus has lower property taxes at 0.66% vs 0.68%. On a $200K property, that's a difference of approximately $308/year in tax expense — money that goes directly to (or from) your cash flow.
Which city is growing faster?
Gulfport is growing at 0.5% annually vs Columbus's 0.2%. Both cities have slow growth — focus on the strongest neighborhoods. Gulfport's appreciation rate of 2% also leads on home value growth.

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