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Senatobia, MS Home for Rent

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    $2,150 Per Month

    • 4 Beds
    • 3 Baths
    • 2,084 Sq Ft
    • House for Rent

    542 Mississippi 305, Senatobia, MS 38668

    Spacious 4 BR 3 BA house out in the country! House comes with an electric free standing stove, separate oven, fridge, dishwasher, microwave, and a very nice kitchen Island. 2 story garage bldg and a separate 2 car carport! Central heat and air. Well water. Front porch with swing.

    Michelle Kelly Capstone Realty Services

    542 Mississippi 305, Senatobia, MS 38668

Why Live in Senatobia

Senatobia, located in northwest Mississippi's Tate County, is known as "The Five Star City" for its strengths in industry, citizenship, agriculture, recreation, and education. This small city features a historic downtown listed on the National Register of Historic Places, offering a walkable area with local businesses and community events. Home styles in Senatobia range from early 20th-century Craftsman homes with large yards to 1950s and 60s ranches adorned with oak and magnolia trees. New Traditional houses are available in the West Point Subdivision, and spacious lots are found in areas like Como Trace Estates. Outdoor enthusiasts can enjoy parks such as Gabbert Park, Norfleet Park, and Senatobia Sports Park, which offers nine baseball fields and a walking trail. Although Arkabutla Lake is undergoing dam repairs, Sardis Lake, 20 miles southeast, provides fishing, boating, and swimming opportunities. Senatobia hosts the annual Five Star City Fest, featuring a barbecue and steak cookoff, live music, and seasonal events like a Christmas Parade. The city is served by the Senatobia Municipal School District, with highly rated schools including Senatobia Elementary and Senatobia High, the top public high school in Tate County. Dining options include Bent Tree Coffee, Fresh Garden Market & Smokehouse, and Delta’s Steakhouse. For shopping, residents have access to Kaye’s Food Market, Walmart, and additional retailers in Memphis, 40 miles north via Interstate 55.

Frequently Asked Questions

How much does it cost to rent a home in Senatobia, MS?
The median rent for a home in Senatobia, MS is $2,150 per month, though prices vary by neighborhood, size, and property type. As of August 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Senatobia, MS?
To comfortably afford the median rent in Senatobia, MS, a household needs to earn roughly $86,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,150 per month in Senatobia, MS, renters typically need to show $6,450 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Senatobia, MS?
In Senatobia, MS, the price-to-rent ratio is 10.6, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$2,150
Median Single Family Home Rent
$1,700
How to Rent a Home