Mortgage Calculator & Closing Costs: Starkville, MS
Mortgage payment estimates, closing cost breakdowns, and homebuying data for Starkville, Mississippi.
Median Home Price
$225K
Population
25K
Avg Monthly Rent
$1,050
Property Tax Rate
0.8% *
* Property tax shown is the Mississippi state average effective rate. Actual rates vary by county, city, and school district — check with your local assessor for exact rates in Starkville.
Starkville vs Mississippi Median
The median home price in Starkville is $225,000, which is 29% above the Mississippi state median of $175,000.
Mortgage Calculator — Starkville, MS
Pre-filled with Starkville median home price and Mississippi tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $225K home using Mississippi's 0.8% tax rate and $2,400/yr insurance.
5% Down
$1,826/mo
Down: $11,250
Loan: $214K
P&I: $1,351
Tax: $150
Insurance: $200
PMI: $125
10% Down
$1,748/mo
Down: $22,500
Loan: $203K
P&I: $1,280
Tax: $150
Insurance: $200
PMI: $118
20% Down (No PMI)
$1,488/mo
Down: $45,000
Loan: $180K
P&I: $1,138
Tax: $150
Insurance: $200
Income needed (28% rule): $64K/year with 20% down, $75K/year with 10% down.
Rent vs Buy in Starkville
Rent
$1,050/mo
vs
Buy (10% down)
$1,748/mo
Price-to-rent ratio: 17.9 — A ratio between 15-20 means the rent vs buy decision in Starkville depends heavily on your timeline. If you plan to stay 5+ years, buying likely wins. For shorter stays, renting preserves flexibility.
The median home price in Starkville is $225,000, 29% above the Mississippi state median of $175,000. With a population of 25,495, Starkville is a smaller market where home prices reflect strong demand and local economic factors.
Property taxes in Mississippi average 0.8% annually. This moderate property tax rate means a $225,000 home in Starkville would carry roughly $150/month in property taxes. Homeowners insurance in Mississippi runs approximately $2,400 per year. This is within the normal range nationally.
Average rent in Starkville is $1,050/month. The price-to-rent ratio in Starkville is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.
Starkville offers strong affordability. With median prices under $250K, first-time buyers have realistic paths to homeownership, especially combined with Mississippi's MHC Smart Solution program.
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Starkville.