Northeast Jackson
More stable, desirable, reliable tenants.
Jackson, MS
Is Jackson a good place to buy rental property in 2026?
Short answer: yes — for cash-flow investors. Jackson's median cap rate runs about 9.0% (Mississippi state median), above the ~6.5% national median, with typical rent at $1,288–$1,544/mo and Mississippi property tax near 0.75%.
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 marketHigher 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 July 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.
What rents actually look like in Jackson
One number never tells the story — HUD publishes ZIP-level Small Area Fair Market Rents for the Jackson, MS metro area, the metro-wide FMR region that includes Jackson, and the spread across its ZIP codes is where deals are won or lost. Same purchase price, different ZIP, very different rent.
| ZIP code | 2BR rent | 3BR rent |
|---|---|---|
| 39110 | $1,930/mo | $2,310/mo |
| 39043 | $1,450/mo | $1,740/mo |
| 39058 | $1,400/mo | $1,680/mo |
| 39154 | $1,330/mo | $1,590/mo |
| 39207 | $1,250/mo | $1,500/mo |
| 39283 | $1,250/mo | $1,500/mo |
| 39170 | $1,160/mo | $1,390/mo |
| 39046 | $1,080/mo | $1,290/mo |
| 39066 | $1,030/mo | $1,230/mo |
| 39051 | $950/mo | $1,150/mo |
| 39078 | $860/mo | $1,050/mo |
| 39654 | $840/mo | $1,070/mo |
Showing 12 of 69 ZIP codes in the Jackson, MS metro area — the HUD FMR region that includes Jackson — sampled highest to lowest across the rent range. Source: HUD FY2026 Small Area Fair Market Rents. TrueCap auto-fills the exact ZIP-level figure when you enter a Jackson address.
Why Jackson works for rental investors
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
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.
Try TrueCap freeFree calculators
Related reading
Explore other markets