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City · 47,019 residents · DeSoto County, Mississippi

Olive Branch , Mississippi

In Olive Branch, a typical home is worth $290,000 and typical rent is $1,829 a month. Compared with all of DeSoto County, typical rent is 26% higher and typical household income is 18% higher.

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  • Typical home value

    $290,000

    8% above the county

    71% above Mississippi

    • Olive Branch
    • DeSoto
    • Mississippi

  • Typical rent

    $1,829a month

    26% above the county

    92% above Mississippi

    • Olive Branch
    • DeSoto
    • Mississippi

  • Typical household income

    $100,606a year

    18% above the county

    78% above Mississippi

    • Olive Branch
    • DeSoto
    • Mississippi

  • Households that own their home

    82%

    4 points above the county

    12 points above Mississippi

    • Olive Branch
    • DeSoto
    • Mississippi

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$333,616
1% more than 12 months ago
Typical rent
$1,829 a month
about the same as 12 months ago

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Olive Branch is in DeSoto County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of DeSoto County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Olive Branch apart

What this place has that others do not, from public data, most unusual first.

  1. Olive Branch has the 2nd highest typical household income of the 67 cities in Mississippi with more than 5,000 people ($100,606).

  2. Nearby, in Holly Springs, the typical home value is $109,600: 62% less than in Olive Branch ($290,000).

  3. Olive Branch has the 2nd highest typical rent of the 66 cities in Mississippi with more than 5,000 people ($1,829).

  4. Nearby, in Holly Springs, the typical rent is $773: 58% less than in Olive Branch ($1,829).

  5. Olive Branch has the 5th highest homeownership rate of the 67 cities in Mississippi with more than 5,000 people (82%).

  6. Olive Branch has the 6th highest typical home value of the 67 cities in Mississippi with more than 5,000 people ($290,000).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Olive Branch

What homes there are in Olive Branch, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

In Olive Branch, 9 in 10 homes are single-family detached houses; in DeSoto County, 8.

Year built

By age, homes in Olive Branch look like those in DeSoto County: the typical year built is 2000.

Homes in Olive Branch are bigger: 90% have 3 bedrooms or more; in DeSoto County, 83%.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes

The FHA loan limit for DeSoto County is $541,287, and about 92% of owner-occupied homes in Olive Branch are worth less than that.

Monthly rent with utilities

With a mortgage

$1,634 a month

DeSoto County: $1,638 a month

Without a mortgage

$595 a month

DeSoto County: $503 a month

Owners with a mortgage

72%

DeSoto County: 71%

In Olive Branch, 72% of owners have a mortgage; their typical cost is $1,634 a month, about the same as in DeSoto County.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

From 2015–2019 to 2020–2024, the typical home value in Olive Branch rose 65%; in DeSoto County, it rose 60%.

Since 2015–2019, the typical rent in Olive Branch rose 57%, more than in DeSoto County (37%).

The typical household income in Olive Branch rose 35%: less than home values (+65%) and rent (+57%).

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureOlive BranchDeSoto CountyMississippiUnited States
Rental vacancy Unreliable estimate12.8%8.2%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate0.8%0.9%
More than one person per room 2.4%1.9%2.2%3.4%
People per household 2.732.682.492.53
Drive alone 82%81%82%69%
Carpool 9%9%9%9%
Public transit Unreliable estimateUnreliable estimate0%3%
Walk or bike Unreliable estimateUnreliable estimate1%3%
Work from home 8%8%6%15%
Other means 2%1%1%2%
Typical commute 20 to 29 minutes20 to 29 minutes20 to 29 minutes20 to 29 minutes

More than one person per room: that is how 2.4% of households in Olive Branch live, near the figure in DeSoto County (1.9%).

A household in Olive Branch has 2.73 people on average, about the same as in DeSoto County (2.68).

To get to work, 82% of workers in Olive Branch drive alone; in DeSoto County, 81%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Olive Branch?

A typical home is within reach of the typical income

We start with a typical home in Olive Branch, worth $290,000, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 28% of the typical household income in Olive Branch, which is $100,606 a year.

The calculator's FHA and conventional loan limits are those of all of DeSoto County.

Your numbers

Local data
$

Starts at the typical home value in Olive Branch. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $10,150 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$2,333

at 7.18% · 30 years

Loan amount
$284,747
Total interest
$409,685
Paid off in
November 2056

Includes $4,897 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $2,347 a month

    Your payment · 28%

  • Tight

    $2,347 to $3,018 a month

  • Hard

    more than $3,018 a month

Compared with the typical household income in Olive Branch ($100,606 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$2,333
Principal & interest$1,929
Property tax$155
Home insurance$121
FHA mortgage insurance (MIP)$128

You need at least $10,150 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Olive Branch and DeSoto County

Olive Branch is in DeSoto County, Mississippi. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Olive Branch's own numbers

Typical home value
$290,000
Typical monthly rent
$1,829
Typical yearly household income
$100,606
Households that own their home
82%
Effective property tax rate
0.64%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of DeSoto County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,301
Price change over 5 years (FHFA)
+51%
Homes in a high flood-risk zone
1.4%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of DeSoto County.

Everything about DeSoto County

Buying

Buying a home in Olive Branch

A typical home in Olive Branch is worth $290,000: 8% above the county and 71% above Mississippi. With the typical household income in Olive Branch ($100,606 a year), a typical home costs 2.9 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Olive Branch 2.9 years
  • DeSoto 3.2 years
  • Mississippi 3.0 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in DeSoto County

According to FHFA’s house price index, home prices in DeSoto County rose 87% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of DeSoto County.

Period County Mississippi U.S.
Last year (2025) +2.4% +3.5% +2.9%
5 years (2020–2025) +51% +42% +47%
10 years (2015–2025) +87% +62% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Olive Branch next to DeSoto County, Mississippi and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Olive Branch $290,000
  • DeSoto $269,600
  • Mississippi $169,800
  • United States $332,700
Typical monthly rent
  • Olive Branch $1,829
  • DeSoto $1,451
  • Mississippi $954
  • United States $1,413
Typical yearly household income
  • Olive Branch $100,606
  • DeSoto $85,297
  • Mississippi $56,447
  • United States $80,734
See the full table
Olive Branch next to DeSoto County and Mississippi
Measure Olive Branch DeSoto County Mississippi U.S.
Typical home value $290,000 $269,600 $169,800 $332,700
Typical monthly rent $1,829 $1,451 $954 $1,413
Typical yearly household income $100,606 $85,297 $56,447 $80,734
Households that own their home 82% 78% 70% 65%
Typical yearly property tax $1,864 $1,613 $1,215 $3,119
Effective property tax rate 0.64% 0.6% 0.72% 0.94%
Renters with high rent for their income 41% 52% 51% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below DeSoto County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Olive Branch

For a typical $290,000 home in Olive Branch, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Olive Branch's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $2,333a month

    Least cash to close
    Down payment
    $10,150
    Cash to close
    $18,850
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $128

  • Conventional, 5% down $2,280a month

    Down payment
    $14,500
    Cash to close
    $23,200
    Rate
    7.18%
    Mortgage insurance
    PMI · $138

  • Conventional, 20% down, no PMI $1,847a month

    Down payment
    $58,000
    Cash to close
    $66,700
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $2,115a month

    Down payment
    $43,500
    Cash to close
    $52,200
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Olive Branch and for DeSoto County.

Property tax

Effective rate in Olive Branch

0.64%of the home’s value each year

$1,864 a year for the typical owner in Olive Branch.

  • Olive Branch 0.64%
  • DeSoto 0.6%
  • Mississippi 0.72%

What Mississippi publishes Regular homestead exemption (Tier 1) (Mississippi Department of Revenue)

Exemptions and deadlines in Mississippi

Flood risk in DeSoto County

FEMA does not publish these numbers by city: they are for all of DeSoto County.

Homes in the high-risk zone
1.4%
821
Of those, with NFIP insurance
34%
County Mississippi U.S.
Homes in the high-risk zone 1.4% 7.6% 3.5%
Of those, with NFIP insurance 34% 33% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Olive Branch

Typical rent in Olive Branch is $1,829 a month: 26% above the county. In Olive Branch, 41% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of DeSoto County, by unit size. To pay the 2-bedroom one ($1,301 a month) without spending more than 30% of your income, you would need to earn $25.02 an hour working full time.

HUD fair market rent for all of DeSoto County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,095 $21.06 $43,800
1 bedroom $1,191 $22.90 $47,640
2 bedrooms $1,301 $25.02 $52,040
3 bedrooms $1,717 $33.02 $68,680
4 bedrooms $1,981 $38.10 $79,240

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Olive Branch

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Olive Branch is in ZIP code 38654.

For 2 bedrooms it is $1,790: $489 more than the fair market rent for DeSoto County ($1,301).

  • 38654 $1,790$2,360

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Olive Branch when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Olive Branch

HUD lists 3 buildings with rents for lower incomes in Olive Branch. These are the largest.

  • Rolling Hills Apts 10250 Goodman Rd, Olive Branch 38654 50 low-income homes · For older adults (601) 895-3148
  • Sandidge Hill Apt 7830 W Sandidge Rd, Olive Branch 38654 48 low-income homes · For families (662) 895-3118
  • Crestview Apts - Olive Branch 8665 Caroma ST, Olive Branch 38654 38 low-income homes · 2 bd: 38 · In service since 1993 · For families

See all 18 buildings in DeSoto County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Olive Branch

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

We found no HUD-approved agencies with an office in DeSoto County. The nearest ones are below; many serve by phone or online.

A man smiles on a bench outside his apartment building.

HUD counseling is free or low-cost

Assistance programs in Olive Branch

No down payment, repair or rent-help program on our list is for Olive Branch or DeSoto County. The ones below are statewide in Mississippi: they work in Olive Branch the same as in the rest of the state.

Which programs do I qualify for? All programs in Mississippi

  • Smart7 Mortgage Program

    Statewide in Mississippi

    Mississippi state corporation 30-year mortgage with $7,000 for the down payment or closing costs as a 0% second mortgage, repaid when you sell, refinance, stop living in the home or pay off the mortgage; no first-time buyer requirement. Offered by Mississippi Home Corporation (MHC).

    Deferred

    See the program Official page

  • Easy8

    Statewide in Mississippi

    Mississippi state corporation 30-year mortgage with $8,000 at 0% as a second mortgage for the down payment, closing costs or prepaid expenses, repaid when you sell, refinance, stop living in the home or pay off the mortgage; for first-time buyers, except in designated areas and for veterans. Offered by Mississippi Home Corporation (MHC).

    Deferred

    See the program Official page

  • Home4All

    Statewide in Mississippi

    Mississippi state corporation forgivable grant, with federal HOME funds, of up to $25,000 for the down payment, closing costs or to reduce the principal; for first-time buyers with incomes under 80% of the area median and a fixed-rate mortgage; if you sell before 5 or 10 years (depending on the amount), you may repay part of it. Offered by Mississippi Home Corporation (MHC).

    Grant

    See the program Official page

Housing counselors near Olive Branch

The HUD-approved agencies closest to the center of Olive Branch, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Tunica Co. Community Dev. Coalition

    1097 Antioch St, Tunica · 36 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 5 more
    (662) 357-5990

  • North Mississippi Rural Legal Services

    493 Ryland Way, Oxford · 43 miles away · Spanish

    • Mortgage delinquency and default
    • Workshops for new owners
    • and 2 more
    (662) 234-8731

  • Southern Bancorp Community Partners

    875 S State St, Clarksdale · 68 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 6 more
    662-624-5776-3112

All counseling agencies in Mississippi

Help in Spanish near Olive Branch

1 of the 3 agencies on this list says it serves in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Olive Branch

HUD lists no housing authority with an office in DeSoto County. One in a neighboring county or the state’s may serve the area.

All housing agencies in Mississippi Source: HUD

Cities

Other cities in DeSoto County

These cities are also in DeSoto County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about DeSoto County Housing in Mississippi

Nearby cities

The cities closest to Olive Branch, with the typical home value.

Neighboring counties

If DeSoto County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Olive Branch.

All guides
Three generations of a family gather on the porch of their home.

Questions

Housing questions about Olive Branch

Short answers with the numbers for Olive Branch and all of DeSoto County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Olive Branch?

The typical home value in Olive Branch is $290,000, according to the U.S. Census Bureau (average 2020–2024). For comparison, in DeSoto County it is $269,600.

How much does it cost to rent in Olive Branch?

Typical rent in Olive Branch is $1,829 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in DeSoto County is $1,301.

What is the FHA loan limit in Olive Branch?

Olive Branch uses the FHA limit for all of DeSoto County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Olive Branch?

The typical homeowner in Olive Branch pays $1,864 a year, according to the U.S. Census Bureau. That is 0.64% of the home’s value; in DeSoto County, the rate is 0.6%.

Where can I find free help to buy or rent in Olive Branch?

We found no HUD-approved counseling agencies with an office in DeSoto County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).