Short-term rentals (STRs), commonly referred to as vacation rentals, are legal in Mississippi, including areas around Mississippi Valley State University (MVSU) in Itta Bena. The market is generally favorable for properties such as apartments and single-family homes, catering primarily to business travelers and university visitors due to the institution's proximity. STRs can thrive in diverse settings, from modest urban apartments to country cabins, particularly appealing during events and university functions, thereby creating a steady stream of demand. The overall market environment leans more towards accommodating business-related stays rather than leisure tourism, although local attractions occasionally attract visitors. The local government, specifically the City of Itta Bena, is responsible for regulating these rentals, requiring proper registration and adherence to zoning laws. For more detailed information, please visit the city’s official resource on short-term rental regulations at.