What's a good cap rate in Jackson?

In Jackson, cap rates typically run around 9.0% (Mississippi state median). A deal above that line is outperforming the local market; below it, you're paying up for appreciation or stability. TrueCap shows where any specific Jackson deal lands versus this benchmark.

What's the average rent for a rental in Jackson?

A typical rental in Jackson runs about $1,288–$1,544/mo (HUD Fair Market Rent, 2–3BR). TrueCap auto-fills HUD Fair Market Rent for the exact address you enter.

What is the property tax rate in Mississippi?

Mississippi's effective property tax rate is about 0.75% of value per year — the figure TrueCap applies by default for Jackson deals. You can override it with the exact local rate.

Jackson, MS

Jackson rental property analysis

Jackson, Mississippi's capital, offers some of the highest cap rates in the country — low prices and government-and-healthcare demand for yield-focused buyers.

Jackson market snapshot

Cash-flow market

Higher typical cap rates — built for monthly cash flow more than price growth.

Typical cap rate

9.0%

Mississippi state median

Typical rent

$1,288–$1,544/mo

HUD FMR · 2–3BR · 2026

Typical price

$130,000–$210,000

est., all-in

Property tax

0.75%

Mississippi effective

Rent is HUD Fair Market Rent where available, otherwise a market estimate; price is a market estimate. Cap-rate and tax are the defaults TrueCap applies — enter a specific address for exact, auto-filled numbers.

Sources & methodology. These are screening defaults and market estimates — not an appraisal, and not financial, tax, or legal advice. Verify rents, taxes, insurance, and local landlord/tenant law against the county assessor and your state's landlord-tenant statute before relying on them.

Data: HUD Fair Market Rent · FRED 30-yr mortgage rate · Tax Foundation (property tax) · Updated June 2026

Metro-level estimates — precision is lower at the neighborhood and parcel level; pull a specific address for exact, auto-filled figures. Reviewed by the TrueCap team. See our full methodology.

Is Jackson a good place to buy rentals?

Yields look excellent on paper; neighborhood selection and tenant screening make or break it. A market for experienced, hands-on operators.

Neighborhoods to look at in Jackson

Northeast Jackson

More stable, desirable, reliable tenants.

Fondren

Revitalizing, younger renters.

Byram

Suburb with newer SFRs, family demand.

Neighborhood notes are starting points, not recommendations — always underwrite the specific property.

Run a Jackson deal in 60 seconds

Paste a Jackson address into TrueCap and get cap rate, cash-on-cash, DSCR, cash flow, and a 10-year projection — auto-filled with Mississippi tax and HUD rent so you start from the right assumptions.

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