Jackson, MS Rental Market
Jackson is Mississippi's state capital and largest city, offering some of the lowest home values and highest gross rental yields in the South. Anchored by state government employment, the Nissan manufacturing plant in nearby Canton, and a significant healthcare sector, the market attracts cash-flow focused investors willing to navigate the market's challenges. Careful neighborhood selection and professional property management are essential for success in Jackson.
Get a rent estimate for an address in JacksonAverage Rent in Jackson, MS
$920
per month · 2026-06
Market Score
Key Facts — Jackson, MS Rental Market
- Average rent in Jackson, MS:$920/mo
- Median rent:$846/mo
- Rent range:$450 – $2,000/mo
- Most common rental (2 bedrooms):$800/mo
- Active listings:820
- Avg days to lease:40 days
- Year-over-year change:+2.0%
- Median home value:$130,000
- Est. gross annual yield:8.5%
- Data as of:2026-06
Rent by Bedroom in Jackson, MS
Average monthly rent for each bedroom type based on current active listings in Jackson.
| Bedroom Type | Avg Rent/mo |
|---|---|
1 Bedroom | $650/mo |
2 Bedrooms | $800/mo |
3 Bedrooms | $1,025/mo |
4 Bedrooms | $1,275/mo |
5 Bedrooms | $1,450/mo |
Jackson Rental Market Statistics
Key indicators from the current Jackson, MS rental market.
820
Available now in Jackson
40
From list to lease
$0.74
Average across listings
1,250 sq ft
Typical rental size
$450 – $2,000
Min to max active listings
+2.0%
Avg rent vs. prior year
Investing in Jackson, MS Rental Properties
Estimated returns based on current market rents and median home values. Perform full due diligence before investing.
Median Home Value
$130,000
Typical purchase price in Jackson
Est. Gross Annual Yield
8.5%
Before expenses & vacancy
Avg Monthly Income
$920
At average market rent
Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Jackson for a full cash-flow breakdown including all costs.
Jackson, MS Rental Market FAQ
Common questions about renting and investing in Jackson, MS.
What is the average rent in Jackson, MS?
The average rent in Jackson, MS is $920 per month as of 2026. One-bedroom apartments average $650/mo, two-bedrooms $800/mo, and three-bedroom homes $1,025/mo. Jackson is one of the most affordable rental markets in the South, reflecting low incomes and home values across the metro.
Is Jackson, MS a good place to invest in rental property?
Jackson offers an 8.5% estimated gross annual yield — the highest in Mississippi — due to very low median home values (~$130,000). However, investors should be aware that Jackson has significant neighborhood variation, a slower-moving market (40+ days on market), and infrastructure challenges. Success in Jackson requires careful location selection and active management.
What drives rental demand in Jackson, MS?
Jackson's rental demand is driven by state government employment, the University of Mississippi Medical Center (UMMC) — the state's only academic medical center — and regional healthcare employers. Nissan's plant in nearby Canton employs thousands of workers who commute from Jackson. Baptist Health Systems and Merit Health add additional healthcare employment to the tenant base.
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