Average Rent in Jackson, MS↑ Rents rising 6.3% YoY🔺 3rd priciest in MS

Jackson, MS has rental prices ranging from $1,045/month to $1,633/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $1,051/month — 25% below the national average of $1,400/month. With a median household income of $60,489/year, spending $1,051/month on a 1-bedroom represents 21% of gross income — within the recommended 30% threshold.

How Jackson Compares

With an average 2-bedroom rent of $1,232/month, Jackson ranks #3 most expensive of the 79 cities tracked in Mississippi — pricier than 83% of all US cities in our data.

The Jackson Rental Market

The Jackson, MS area has a population of about 615,908 and 33% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Jackson, MS have risen by $73/month (6.3%) over the past year, from $1,159 to $1,232. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Jackson, MS without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $42,040. The local median household income of $60,489 exceeds that threshold by $18,449, making Jackson relatively accessible compared to local wages.

Rent vs. Buy

The median home value in Jackson, MS is $88,619, giving a price-to-rent ratio of 6.0. At this ratio, buyers who plan to stay 6 or more years may find purchasing more cost-effective than renting at current market prices.

Neighborhoods

Home values — and by extension rent levels — vary significantly across Jackson's neighborhoods. Among the highest-value areas are Englewood ($29,235 median home value), Daniel Lake-Mason Blvd ($29,507 median home value), Enochs Street-Hyde Park ($29,608 median home value). Rental prices typically follow home value patterns, with premium neighborhoods commanding higher rents than outer areas. Renters on a tighter budget may find better value in less central neighborhoods or in adjacent metros with lower overall rent levels.

Is Jackson, MS Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Rent or Buy in Jackson?

Break-even analysis and mortgage estimates based on local market data.

Living in Jackson

Cost of living, job market, crime rates, and moving cost estimates.