Jackson, MS
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Rental market · Jackson, MS · Incorporated city

Jackson, MS: average rent, home values, and rental yield

East South Central · Population 149,827

F32.7
#1,576 of 1,863 ranked markets
Overall Score 32.7 · stronger than 15% of ranked markets

How Jackson ranks nationally

Each bar places Jackson against all 1,863 ranked U.S. markets: the marker is this city and further right is more favorable to an investor; the tick marks the national median. Inverted measures (crime, vacancy, price-to-income) are already flipped so higher always means better here.

Overall Scorethe flagship rank
32.715th percentile
Cash Flowyield & affordability
100100th percentile
Growthpopulation, jobs, income
110th percentile
Stabilitycrime, vacancy, unemployment
3213th percentile
Expense-adjusted yield12.7% net of costs
9999th percentile
Affordabilityprice-to-income 1.9×
99more affordable than 99%
Rental vacancy7.7% vacant
16tighter than 16%
Population growth-1.9%/yr (capped)
11st percentile
Job growth-1.1%/yr (capped)
11st percentile
← Less favorableMedianMore favorable →

What a deal looks like here

A market-level buy-box for Jackson, built from this market's own numbers: the investor-entry price, its rent, and local carrying costs. An illustrative scenario, not a listing.

Target buy price
$36,402
Expected rent
$1,251 /mo
Rent-to-price
3.44%
Cap rate
30.0%
Cash-on-cash
85.8% at 25% dn
DSCR
5.01

At 25% down and 7%, this representative scenario runs positive (about $729/mo cash flow) on the investor-entry price.

Buy target = Zillow Bottom-Tier ZHVI (5th–35th percentile) $36,402; typical home value $84,299. Rent = Zillow ZORI typical asking rent. Assumptions: 25% down, 7% / 30-yr, 5% vacancy, 8% management, 5% maintenance, 5% capex, 0.5% insurance, 1.24% property tax. Illustrative market-level scenario: not a listing, appraisal, recommendation, or underwriting decision. As of 2026-07-10.

Market Negotiation Leverage

Some buyer leverage (72nd percentile among 2,222 cities with Redfin coverage)

Equal-weight composite of three Redfin signals’ national percentiles (days on market 25, months of supply 4.9, sale-to-list 94.2%), direction-adjusted so a higher percentile always means more room for a buyer to negotiate. This is a cross-sectional snapshot against every other tracked city today, not a seasonal or historical baseline for this specific city (no multi-year time series is committed for this data). Not a prediction of what any specific seller will accept. Source: Redfin Data Center. See how this is calculated.

Measured market data

Measured observations for Jackson, shown as context beside the market score (none of it feeds the score), and the model weights are unchanged. These are different measurements from the Census figures in the factor table: the ACS median value is what owners report in a 5-year survey, while ZHVI is a monthly index of typical value; ACS median gross rent is what sitting tenants pay including utilities, while ZORI indexes asking rent on newly listed units. Neither corrects the other. Monthly series, revised in recent months, observed 2026-07, not live.

Zillow Home Value Index (ZHVI, mid tier)$84,299
ZHVI bottom tier (5th–35th pct)$36,402
ZHVI top tier (65th–95th pct)$197,140
ZHVI, single-family only$83,328
Zillow asking-rent index (ZORI)$1,251/mo
Measured gross yield (ZORI × 12 ÷ ZHVI)17.80%
Market heat index37
Median days to pending35
Share of listings with a price cut21.0%
Median sale-to-list ratio96.9%
For-sale inventory731
New listings157
Median list price$91,650
Median sale price$139,000
Measured 3-yr value growth-4.74%/yr
Measured 5-yr value growth-3.61%/yr
Measured 3-yr rent growth5.87%/yr
Price–rent divergence (value − rent growth)-10.61%/yr
ZHVI, 1-bedroom$77,373
ZHVI, 2-bedroom$49,133
ZHVI, 3-bedroom$87,899
ZHVI, 4-bedroom$204,575
ZHVI, 5-bedroom$327,821

Source: Zillow Economic Research public research data, observation month 2026-07. Zillow is not affiliated with, and does not endorse, Compounding Estates.

Typical home value $84,299 Median rent $1,251/mo Population 149,827 Region East South Central

Price & rent history

Home value $59,760 → $84,299 (2008-10–2026-07) · Asking rent $787 → $1,251 (2016-05–2026-07)

Source: Zillow ZHVI (home value) and ZORI (asking rent) - monthly resolution for the last ~10 years (since 2016-08), quarterly before that. Home value uses the left axis, rent the right; toggle either series, change the range, hover to read any point. Gaps in the source series are left as gaps - never interpolated.

ZIP markets in Jackson

19 Census ZIP Codes (ZCTAs) officially overlap Jackson by land area · 14 data-eligible for subscores. Overlap is Census land-area share, not a population or address share. Each ZIP Code's overall Rental Investor ZIP Score, grade and canonical national rank are shown below (the two component signals, affordability and rental market, are separate percentiles). There is no city-scoped ZIP rank: city overlap isn't a ranking universe, so only the national rank is shown. These ZIP rankings sit in the ZIP universe only, never mixed with, and not directly comparable to, Jackson's city ranking. Vintage: the Key metric column below is Census ACS 2020–2024 (5-year), a full survey release newer than the ACS 2019–2023 figures used above for Jackson itself, so the same measure can legitimately show a different number at the city and ZIP level.

ZIP CodeOverallgrade · natl rankTier · overlapAffordabilitysignal · natl rankRental marketsignal · natl rankKey metric
39174Jackson LimitedPrimary
39201Jackson ProfilePrimary $1k/moMedian rent
39202Jackson F 16#19,953 nat RankedPrimary 53#8,187 of 20,132 · top 41% 52#8,644 of 20,132 · top 43% 4.8%Survey yield
39203Jackson F 18#19,741 nat RankedPrimary 57#6,642 of 20,132 · top 33% 54#7,849 of 20,132 · top 39% 16.6%Survey yield
39204Jackson F 19#19,571 nat RankedPrimary 63#4,620 of 20,132 · top 23% 56#6,890 of 20,132 · top 34% 15.9%Survey yield
39206Jackson F 23#18,612 nat RankedPrimary 68#3,483 of 20,132 · top 17% 59#5,736 of 20,132 · top 28% 11.7%Survey yield
39210Jackson ProfilePrimary
39211Jackson F 22#18,970 nat RankedPrimary 62#5,097 of 20,132 · top 25% 58#6,365 of 20,132 · top 32% 7.2%Survey yield
39216Jackson F 15#20,045 nat RankedPrimary 70#3,075 of 20,132 · top 15% 53#8,391 of 20,132 · top 42% 5.8%Survey yield
39217Jackson ProfilePrimary
39269Jackson LimitedPrimary
39213Jackson F 21#19,072 nat RankedPrimary 67#3,706 of 20,132 · top 18% 62#4,569 of 20,132 · top 23% 12.2%Survey yield
View all 19 ZIP markets in Jackson →

The honest read

Jackson scores 33/100 overall (grade F): 100 for Cash Flow, 11 for Growth, and 32 for Stability, each a 0–100 score built from the factors in that category. The scenario above shows what a representative investor-entry purchase pencils out to at today's rates. Its gross yield is high enough that we flag it: public data cannot verify the yield is achievable net after collections, condition, capex, and liquidity. Everything we can measure is in the table below, with its source.

Every factor, shown

The Overall score blends three category scores built from thirteen measured factors: Cash Flow (35%), Growth (35%), and Stability (30%). The table shows every factor; the tag on each percentile marks which category a scored factor feeds. Untagged factors are shown for context but not scored. Every value carries its source and as-of date. How the score works.

FactorValueNational percentileSource · as-ofWhat it means
Expense-adjusted yield12.7%99th percentile · Cash FlowZillow ZORI/ZHVI · 2026-07-31Annual rent divided by price, net of a modeled vacancy, tax, capex, and management allowance: the core of the Cash Flow category and what the score is actually computed from. The unadjusted gross yield is shown elsewhere on this page.
Price to income1.9x99th percentile · Cash FlowZillow + ACS income · 2026-07-31Home price over local median income. Lower is cheaper relative to what people earn. Part of the Cash Flow category.
Population growth-1.9%/yr1st percentile · GrowthCensus PEP · Census PEP 2020→2024 (vintage 2024) + Census PEP 2014→2024 (vintages 2019+2024)Census population trend for the place, capped at 4.5%/yr before scoring (diminishing returns above that rate): the heaviest factor in the Growth category.
Job growth-1.1%/yr1st percentile · GrowthBLS LAUS (county) · BLS LAUS county annual 2019→2023 (pre-COVID anchor) + BLS LAUS county annual 2013→2023County employment trend, capped at 4.0%/yr before scoring (diminishing returns above that rate). A Growth-category factor.
Income growth2.7%/yr5th percentile · GrowthCensus ACS · ACS 5-yr 2019-2023Local median-income trend. A Growth-category factor.
Rent growth5.2%/yr83rd percentile · GrowthZillow ZORI · 3yr + 10yr to 2026-07-31A 40/60 blend of 3-year and 10-year rent trend (the model's own weighting). A Growth-category factor.
Home-value growth-0.6%/yr1st percentile · GrowthZillow ZHVI · 3yr + 10yr to 2026-07-31A 40/60 blend of 3-year and 10-year price trend (the model's own weighting). A small Growth-category factor.
Unemployment3.1%68th percentile · StabilityBLS LAUS (county) · BLS LAUS county annual 2023County unemployment rate. Lower is steadier, a Stability-category factor.
Rental vacancy7.7%16th percentile · StabilityCensus ACS B25004 · ACS 5-yr 2019-2023Share of rentals empty. Lower means more pricing power. A Stability-category factor.
Property tax rate1.2%35th percentile · StabilityCensus ACS B25103/B25077 · ACS 5-yr 2019-2023Median tax over median value. A direct drag on cash flow, scored in the Stability category as carrying-cost burden.
Months of supply4.9 mo12th percentile · StabilityRedfin Data Center · 2026-05-01Listings over sales pace. Under about 4 is a seller market, over 6 a buyer market. A Stability-category factor.
Days on market25 days70th percentileRedfin Data Center · 2026-05-01How fast homes sell. Lower means more liquidity and an easier exit. Shown for context, not scored.
Sale-to-list ratio94.2%3rd percentileRedfin Data Center · 2026-05-01Sale price over asking. Above 100% means homes clear over ask. Shown for context, not scored.
Net domestic migration-16.0/1k3rd percentileCensus PEP (county) · PEP vintage 2024Net people moving in or out of the county, per 1,000 residents. Shown for context, not scored.
Building permits2.7/1k94th percentileCensus BPS (county) · BPS 2023New-construction permits per 1,000 homes. More means more supply coming. Shown for context, not scored.
Rent burden34%18th percentileCensus ACS B25071 · ACS 5-yr 2019-2023Median rent as a share of income. Higher means less headroom for increases. Shown for context, not scored.
Median year built196928th percentileCensus ACS B25035 · ACS 5-yr 2019-2023Age of the housing stock. Older stock carries more capex. Shown for context, not scored.
Max drawdown32%37th percentileZillow ZHVI · 2026-07-31Worst peak-to-trough home-value decline on record. Shown for context, not scored.
Violent crimenot reported-FBI CDENo agency reported this place to the FBI. We never impute a crime number; where it is missing, the Stability category renormalizes over its remaining factors.

Related cities

Nearby in the Mississippi rankings · all Mississippi cities

Similar overall grade, elsewhere in the country

Compare Jackson head-to-head

Side by side, the three category scores plus every measured column with sources - the same shown math as this page.

Underwrite a Jackson deal

For learning, not advice. A market screen from public data - not a forecast, not underwriting, not a recommendation to buy anywhere.