The Velvet Ditch · Oxford, Mississippi
Live in the heart of Oxford.
Apartments, flats, and townhomes minutes from Ole Miss — from the Square's balcony bars to the shade of the Grove.
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Heritage communities
6
Corridors & districts
1–4
Bedroom floor plans
Featured communityFaulkner Flats
2998 Old Taylor Road200 homes1–3 bedroomsBuilt 2023
Heritage's newest Oxford community: flats and townhomes named for Faulkner's novels, a resort pool with in-water loungers, and campus ten minutes down Old Taylor Road.
Lease an apartment at Faulkner FlatsNow leasing · Heritage communities
Featured Oxford apartments
Real units, real photos — across Heritage Properties' four Oxford communities.

$2,640/mo
The Mansion — 3BR Townhome-Style with Garage
2998 Old Taylor Road, Unit TH-7

$1,775/mo
The Pavilion — 2BR/2BA at Lexington Pointe
2000 Lexington Pointe Drive, Unit 4-210
Where to live
Explore the neighborhoods
Every corridor keeps its own hours. Find the one that fits yours.
Signature addresses
Oxford's signature communities
Four Heritage Properties addresses, from brand-new townhomes to the best value within two miles of campus.

For property owners
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Start with a guide
Renting in Oxford, answered
Student housing math, campus distances, corridor prices — the guides our team wishes every renter read first.
Ole Miss student housing
Per-bedroom pricing from $635, pre-leasing calendar, roommate math.
Apartments near Ole Miss
Every community ranked by distance to campus — from 1.4 miles.
Oxford, MS rent report
Live 2026 averages by bedroom count and corridor.
Graduate student housing
Quiet corridors and 12-month setups for the year-round Oxford.
Pet-friendly apartments
Fees compared, plus the dog park and the best leash trails.
Luxury apartments
New-construction Faulkner Flats vs. The Azul, head to head.
Good to know
Frequently asked questions
What is the average rent for an apartment in Oxford, Mississippi?+
Expect roughly $1,600-$1,900 for a one-bedroom in Oxford's newer communities and $1,750-$2,200 for a two-bedroom. Per-bedroom pricing improves sharply for groups: three- and four-bedroom homes at communities like The Azul and Lexington Pointe split to $635-$800 per bedroom, often with a private bath.
When should I sign a lease in Oxford?+
Oxford's market runs on the Ole Miss academic calendar. The strongest August-move-in inventory signs between January and April; new-construction communities open pre-leasing the preceding fall. July is the scramble. Off-cycle (spring or summer) move-ins can negotiate shorter or odd-dated leases.
Are pets allowed in Oxford apartments?+
Most Oxford communities are pet-friendly, including all four Heritage Properties communities listed here, which charge a $450 one-time fee for one pet or $700 for two, with breed restrictions. Always confirm the current policy for your specific floor plan before signing.
Can I sublease or trade my lease in Oxford?+
Subleases and lease trades are common in a college town — plans change every semester. Mississippi law generally allows assignment unless your lease prohibits it, and most Oxford leases require written management approval. Oxford Rentals helps connect tenants for lease trades.











