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.
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.
| Rank | Metro | Median value | Median rent | Gross yield | Price-to-rent | Cash flow / mo* |
|---|---|---|---|---|---|---|
| 1 | McAllen, TX | $164,200 | $971 | 7.10% | 14.1 | -$364 |
| 2 | Jackson, MS | $210,000 | $1,100 | 6.29% | 15.9 | -$437 |
| 3 | El Paso, TX | $208,800 | $1,081 | 6.21% | 16.1 | -$628 |
| 4 | Syracuse, NY | $217,600 | $1,114 | 6.14% | 16.3 | -$736 |
| 5 | Rochester, NY | $234,100 | $1,172 | 6.01% | 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
- U.S. Census Bureau, 2024 American Community Survey 1-year estimates, table B25064 (median gross rent)
- U.S. Census Bureau, 2024 American Community Survey 1-year estimates, table B25077 (median value, owner-occupied housing units)
- U.S. Census Bureau, 2024 American Community Survey 1-year estimates, table B25103 (median real estate taxes paid)
- U.S. Census Bureau, 2024 American Community Survey 1-year estimates, table B25003 (housing tenure)
- U.S. Census Bureau, 2024 American Community Survey 1-year estimates, table B01003 (total population)
- Freddie Mac Primary Mortgage Market Survey (30-year fixed average, week of October 1, 2026)
Data snapshot October 7, 2026. Methodology: all metros.