Faro Labs / Markets / Jackson, MS
Jackson real estate investment market
What a typical rental in Jackson, Mississippi costs, rents for, and returns: underwritten by Faro's own engine, not a scraped summary.
Returns assume 20% down at 6.75% over 30 years, 7% vacancy, and standard operating costs: Faro's default assumptions, the same ones every report starts from. Home value and rent trends as of 2026-05-31.
Cash-flow market
A typical Jackson rental covers itself: $88,619 at $1,177 a month leaves $338 after the mortgage and operating costs. The return here is money arriving monthly, which you can verify, rather than a bet on prices.
The price a deal actually works at
Faro models five price points for Jackson, from a weak buy to a strong one. The market-rate deal is $88,619; a good buy is $79,757 and a great one $70,895 roughly 20% below market value. Those are the bars a specific listing gets measured against when you run it.
How Jackson compares
Of the 210 markets Faro publishes, Jackson is the 209th most expensive to buy into: 78% below the median covered market, and the 2nd strongest on rent-to-price. It's the only Mississippi market we currently cover. On the last year of home-value change it ranks 66th.
A typical property here clears $338 a month at market rent, so it could absorb a rent drop to about $759 before it stopped covering itself.
What each tier costs in Jackson
Faro models five price points per market. A listing gets measured against these bars, not against a national average.
| Tier | Purchase price | Market rent | vs. market rate |
|---|---|---|---|
| Weak buy | $97,481 | $1,118/mo | +10% |
| Fair buy | $93,050 | $1,153/mo | +5% |
| Market rate | $88,619 | $1,177/mo | — |
| Good buy | $79,757 | $1,236/mo | -10% |
| Great buy | $70,895 | $1,295/mo | -20% |
A typical Jackson deal, underwritten
The market-rate property above, run through the same engine every Faro report uses.
| Purchase price | $88,619 |
|---|---|
| Monthly rent | $1,177 |
| Cash required (20% down + 3% closing) | $20,382 |
| Net operating income | $9,577/yr |
| Monthly cash flow | $338 |
| Cap rate | 10.8% |
| Cash-on-cash return | 19.9% |
| DSCR | 1.74 |
Rents are climbing faster than prices
Rents rose 5.2% over the last year while home values moved up 1.0%: a 4.2-point gap. When rent growth outruns price growth, yields improve without you doing anything: the same $88,619 property collects more each year against a price that hasn't moved to match. It's the rarer of the two directions and it's what turns a marginal market into a workable one over a hold.
One of the cheapest ways in
At $88,619, a typical Jackson property costs 77.7% less than the median market Faro covers: 209th most expensive of 210. Cash required at 20% down plus closing is about $20,382, which is what makes markets like this the usual starting point for a first rental. The trade is management: a cheap property is not a cheap property to run, and the fixed costs, a roof, a furnace, a turnover, are the same dollars against a much smaller rent.
It cash-flows at market rent
A typical Jackson property clears $338 a month at the market's own rent: no below-market purchase required, no above-market rent assumed. Rent could fall to about $759 before it stopped covering itself, which is roughly 36% of cushion. That's the property paying for itself rather than a bet on what prices do next, and it's uncommon enough among the 210 markets here to be the headline.
Jackson investor questions
Is Jackson a good place to buy rental property?
A typical Jackson rental at $88,619 renting for $1,177 a month returns 10.8% on a cap-rate basis and clears $338 a month at 20% down. Individual deals vary far more than markets do, which is the whole reason to underwrite a specific address.
How much cash flow can you get in Jackson?
About $338 a month on a typical property at market rent, on roughly $20,382 of cash invested: a 19.9% cash-on-cash return before appreciation or loan paydown.
How much do you need to buy a rental in Jackson?
About $20,382 at 20% down plus 3% closing on a typical $88,619 property: one of the lower entry points among the 210 markets covered here.
Are rents going up in Jackson?
Rents moved up 5.2% over the last year, measured across 5 ZIP codes. The typical market-rate rental sits at $1,177 a month.
Run the numbers yourself
A market average is not a deal.
Paste a real Jackson listing and Faro underwrites that specific property from its own comps, with a target price you can actually offer.
Estimates for analysis and educational use only: not financial, investment, tax, or legal advice. Verify every number independently before making a purchase decision.