Rental market data · 2024 Census estimates

Jackson, MS rental yield and cash flow

In the Jackson, MS metro, the median owner-occupied home was valued at $210,000 and the median gross rent was $1,100 a month in 2024. That is a gross rent yield of 6.29%, rank 2 of the 100 largest metros we track.

$210,000Median home value (±$8,763)
$1,100Median gross rent / mo (±$44)
6.29%Gross rent yield
15.9Price-to-rent ratio
0.68%Median taxes ÷ median value
31%Renter-occupied homes
0.52%Monthly rent ÷ price (1% rule)
0.61MMetro population

Does the median home cash flow at today's rate?

We priced a hypothetical rental at the metro medians: $210,000 purchase, $1,100 rent, 25% down, a 30-year loan at 7.28% (Freddie Mac's 30-year average for the week of October 1, 2026), $1,428 in annual property taxes, insurance at 0.5% of price, and 5% vacancy, 10% repairs and 8% management.

At these assumptions the median-priced home runs about $437 a month short of covering its costs (DSCR 0.59). Rent would need to reach about $1,668, 52% above the median, to break even, or the price would need to be near $106,571 for a 1.25 DSCR. Net operating income is about $7,686 a year, a 3.66% cap rate, against $12,932 of annual debt service.

Investment-property loans usually price above the owner-occupant average this survey reports, and your insurance quote, tax bill and rent will differ from a metro median. Change any input below.

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How Jackson compares

Metros with the nearest gross yields among the 100 we track. * Cash flow uses the same assumptions as above.

RankMetroMedian valueMedian rentGross yieldPrice-to-rentCash flow / mo*
1McAllen, TX$164,200$9717.10%14.1-$364
2Jackson, MS$210,000$1,1006.29%15.9-$437
3El Paso, TX$208,800$1,0816.21%16.1-$628
4Syracuse, NY$217,600$1,1146.14%16.3-$736
5Rochester, NY$234,100$1,1726.01%16.6-$839

What these numbers leave out

Census gross rent includes utilities when the tenant pays them, so it can overstate what a landlord collects. Median value describes owner-occupied homes, not the rental stock, and a metro median hides wide neighborhood differences. Treat this page as a screen, then underwrite the specific property.

Sources

Data snapshot October 7, 2026. Methodology: all metros.