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Starkville vs Tupelo for Rental Property Investing

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

Tupelo wins 3–0 across key metrics
Tupelo leads on cash flow (5.69% vs 5.39% cap rate) · Starkville leads on population growth
Metric
Starkville, MS
Tupelo, MS
Est. Cap Rate
5.39%
5.69%
Median Home Price
$245,000
$185,000
Median Monthly Rent
$1,510
$1,190
1% Rule
0.62%
0.64%
GRM
13.5x
13.0x
Price / Income
6.2x
4.7x
Property Tax Rate
0.66%
0.66%
Vacancy Rate
7.4%
7.4%
Population Growth
0.2% / yr
0.2% / yr
Annual Appreciation
1.8%
1.8%
Population
50,000
50,000
Median Income
$39,333
$39,333

Starkville vs Tupelo: Which Is Better for Investors?

Cash flow: Tupelo has the edge with an estimated cap rate of 5.69% compared to Starkville's 5.39%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $245,000 in Starkville vs $185,000 in Tupelo, while rents come in at $1,510/mo and $1,190/mo respectively. For context, the national average cap rate is 3.81% and average price is $333K.

Growth & appreciation: Starkville is growing faster at 0.2% annually vs Tupelo's 0.2%. Starkville leads on home value appreciation at 1.8% per year.

Costs & risk: Property taxes are 0.66% in Starkville vs 0.66% in Tupelo. Vacancy rates of 7.4% and 7.4% are both elevated, warranting conservative cash flow projections.

Entry point: Tupelo offers a lower entry at $185K vs Starkville's $245K — a difference of $60K. With a 20% down payment, that's $37K vs $49K. Tupelo combines the lower price with a higher cap rate — a compelling combination.

Bottom line: Tupelo edges out Starkville on most key metrics. With a 5.69% cap rate, it offers solid cash flow potential. Use our free calculators to model specific deals in Starkville or Tupelo.

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Starkville, MS
5.39% cap rate · $245,000 median · $1,510/mo
Full analysis →
Tupelo, MS
5.69% cap rate · $185,000 median · $1,190/mo
Full analysis →

Frequently Asked Questions

Is Starkville or Tupelo better for rental investing?
Tupelo wins 3–0 across our 7 key metrics. Tupelo's 5.69% cap rate and $185K median price give it the edge overall.
What is the cap rate difference between Starkville and Tupelo?
Starkville has a 5.39% cap rate vs Tupelo's 5.69% — a difference of 0.30 percentage points. This is a relatively small difference — other factors like growth, taxes, and local market conditions may matter more. For context, the national average is 3.81%.
Which city has lower property taxes?
Tupelo has lower property taxes at 0.66% vs 0.66%. On a $215K property, that's a difference of approximately $396/year in tax expense — money that goes directly to (or from) your cash flow.
Which city is growing faster?
Starkville is growing at 0.2% annually vs Tupelo's 0.2%. Both cities have slow growth — focus on the strongest neighborhoods. Starkville's appreciation rate of 1.8% also leads on home value growth.

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