Bay St. Louis, MS Apartment Market & Multifamily Brokerage
Hancock County, MS
Bay St. Louis is a smaller market — 10,526 residents and 6 tracked properties — but smaller doesn't mean inactive. Thin markets like this one are exactly where relationships matter more than broad marketing, since so few owners are getting called on directly.
One number worth sitting with: only 31.1 apartment units per 1,000 residents, below most of the markets we track. Either this is a true ownership-heavy market with limited renter demand, or there's renter demand here that isn't being served by tracked multifamily stock — worth a closer look before assuming it's the former.
Average asking rent runs around $1,146/unit, squarely in the middle of the markets we track — room to grow without the pricing pressure of the hotter submarkets.
Bay St. Louis sits a short drive from NASA's John C. Stennis Space Center in Hancock County, one of the largest employers on the Mississippi coast.
Steven Rowe and Gulf Coast Multifamily represent owners of 10+ unit apartment properties in Bay St. Louis and across Hancock County, MS. If you're thinking about selling, refinancing, or just want to know what your property is worth, a confidential conversation costs nothing.