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Jackson vs Hattiesburg for Rental Property Investing

Side-by-side comparison of Jackson, MS and Hattiesburg, MS — cap rates, rent, prices, and investment metrics.

Jackson wins 4–3 across key metrics
Jackson leads on cash flow (5.80% vs 5.61% cap rate) · Hattiesburg leads on population growth
Metric
Jackson, MS
Hattiesburg, MS
Est. Cap Rate
5.80%
5.61%
Median Home Price
$140,000
$145,000
Median Monthly Rent
$920
$920
1% Rule
0.66%
0.63%
GRM
12.7x
13.1x
Price / Income
3.8x
3.8x
Property Tax Rate
0.65%
0.66%
Vacancy Rate
8%
7.2%
Population Growth
-0.2% / yr
0.4% / yr
Annual Appreciation
1.6%
1.8%
Population
153,701
48,000
Median Income
$36,800
$38,400

Jackson vs Hattiesburg: Which Is Better for Investors?

Cash flow: Jackson has the edge with an estimated cap rate of 5.80% compared to Hattiesburg's 5.61%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $140,000 in Jackson vs $145,000 in Hattiesburg, while rents come in at $920/mo and $920/mo respectively.

Growth & appreciation: Hattiesburg is growing faster at 0.4% annually, while Jackson is losing population. Hattiesburg leads on home value appreciation at 1.8% per year.

Costs & risk: Property taxes are 0.65% in Jackson vs 0.66% in Hattiesburg. Vacancy rates of 8% and 7.2% are both elevated, warranting conservative cash flow projections.

Bottom line: Jackson edges out Hattiesburg on most key metrics. With a 5.80% cap rate, it offers solid cash flow potential. Use our free calculators to model specific deals in Jackson or Hattiesburg.

Jackson, MS
5.80% cap rate · $140,000 median · $920/mo
Full analysis →
Hattiesburg, MS
5.61% cap rate · $145,000 median · $920/mo
Full analysis →
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