Updated 2026 · Based on median market data for Jacksonville, TX
The median monthly rent in Jacksonville, TX is $1,670, translating to $20,040 in annual gross rental income per unit. The rent-to-price ratio is 0.74% — below the 1% rule but within a range where deals can work with good financing.
Renters in Jacksonville spend approximately 31% of the local median household income ($63,735) on rent. This exceeds the standard 30% affordability threshold, suggesting rent growth may face resistance — but it also means a large portion of the population finds buying even more out of reach, supporting rental demand.
The vacancy rate in Jacksonville is 5.8%. This is a healthy vacancy rate that indicates balanced supply and demand. You should be able to find quality tenants without extended vacancies, though expect normal turnover periods of 2-4 weeks between tenants. Population growth of 1.8% annually is actively adding rental demand.
Jacksonville's GRM (price divided by annual rent) is 11.2x. A GRM under 12x is excellent — it means you're paying less than 12 years of gross rent for the property, suggesting strong income relative to price. For comparison, the national average GRM for investment-grade rentals is approximately 13-15x.
At the median rent of $1,670/mo, a single-family rental in Jacksonville generates approximately $20,040 in gross annual income. After accounting for 5.8% vacancy ($1,162 lost), property taxes of $3,870, insurance (~$900), and maintenance (~$900), the estimated NOI is $13,208 per year, or $1,101/mo.
Jacksonville vs Texas state average and national average across key investment metrics. Jacksonville outperforms both benchmarks on cap rate.