Market Highlights

Also referred to as Coastal Mississippi, the Gulfport-Biloxi MSA is the state’s 2nd largest region with a population of 420,782 and an apartment inventory of 175 properties and 24,608 units. While Gulfport and Biloxi are the largest 2 cities in the area, other nearby communities include Pascagoula, Ocean Springs, Gautier, Long Beach, Moss Point, and Pass Christian. With 62 miles of coastline along the Gulf of Mexico, the region is ideal for tourism, shipbuilding, and defense. Beaches and casinos drive the $2 billion tourism industry, and Island View Casino Resort is one of the Top 10 best casinos in the country. Ingalls Shipbuilding is the largest employer in the state, and Keesler Air Force Base is a major presence in the region. The Chevron Refinery in Pascagoula is the company’s largest U.S. refinery and one of the top petroleum refiners in the U.S. Singing River Health System anchors the region’s healthcare system, and Gulfport/Biloxi schools are ranked the best in the state.



Multifamily Highlights

Major Employers

  1. Ingalls Shipbuilding

    11,300 jobs  | Learn More
  2. Naval Constuction Battalion Center

    5,400 active duty  | Learn More
  3. Keesler Air Force Base

    5,100 active duty / 1,625 civil service / 2,700 contractors  | Learn More
  4. Chevron USA

    3,500 jobs  | Learn More
  5. Singing River Health System

    3,500 jobs / 701 beds  | Learn More
  6. Signal International

    2,250 jobs  | Learn More
  7. Keesler Medical Center

    1,700 jobs / 60 beds  | Learn More
  8. Vision Technologies Halter Marine

    1,700 jobs  | Learn More

Other Demand Drivers

  1. The Promenade

    621,448 SF; Target, Best Buy, Dick's, Old Navy  | Learn More
  2. Gulfport-Biloxi International Airport

    800,000 annual visitors; 5 commercial airlines  | Learn More
  3. Naval Construction Batallion Center

    1,100-acre U.S. Navy industrial complex  | Learn More
  4. Island View Casino Resort

    #10 Best Casinos in the U.S.  | Learn More

Sources & Comments

1. Gulfport-Biloxi, MS Metropolitan Statistical Area consists of 4 counties, according to Office of Management and Budget: (1) Hancock (2) Harrison (3) Jackson (4) Stone

2. Primary Sources: (1) (2) YardiMatrix (3) (4) CoStar (5) (6)

3. Sales Comps are from 10/1/22-9/30/23

4. This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty, or guarantee, expressed or implied as to its accuracy