Average Rent in Jackson, TN↑ Rents rising 9.1% YoY🔺 4th priciest in TN

Jackson, TN has rental prices ranging from $957/month to $1,898/month in 2027, 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 $58,740/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 $1,375/month, Jackson ranks #4 most expensive of the 74 cities tracked in Tennessee — pricier than 85% of all US cities in our data.

The Jackson Rental Market

The Jackson, TN area has a population of about 180,844 and 35% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Jackson, TN have risen by $115/month (9.1%) over the past year, from $1,260 to $1,375. This rate of increase is significant and reflects strong rental demand and limited housing supply in the local market.

Affordability

To afford a 1-bedroom apartment in Jackson, TN without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $42,040. The local median household income of $58,740 exceeds that threshold by $16,700, making Jackson relatively accessible compared to local wages.

Rent vs. Buy

The median home value in Jackson, TN is $220,277, giving a price-to-rent ratio of 13.4. The break-even point between renting and buying is roughly 13 years — renting offers more flexibility for shorter stays, while buying makes more sense for long-term residents.

Is Jackson, TN 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.