Rental numbers for the Jackson, MI metro
The typical home here runs -$711 a month at 7.78% with 25% down, breaking even at about 0.5%. 0 of 3 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 8.9%.
- Gross yield
- 6.2%
- typical home, Zillow
- Median ZIP yield
- 8.9%
- 3 ZIPs with full data
- Cash flow
- -$711/mo
- at 7.78%, 25% down
- Typical price
- $226,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,172/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
16 with published figures
| 49202Jackson | $140,000 | $1,076 | 9.3% | 4.5% | -$228 | n/a |
| 49203Jackson | $170,000 | $1,258 | 8.9% | 4.7% | -$258 | +9.9% |
| 49277Rives Junction | $258,000 | $1,550* | 7.2% | 3.6% | -$605 | n/a |
| 49254Michigan Center | $206,000 | $1,200* | 7.0% | 3.5% | -$508 | n/a |
| 49284Springport | $210,000 | $1,170* | 6.7% | 2.9% | -$619 | n/a |
| 49230Brooklyn | $287,000 | $1,450* | 6.1% | 2.7% | -$895 | n/a |
| 49241Hanover | $247,000 | $1,160* | 5.6% | 2.3% | -$858 | n/a |
| 49272Pleasant Lake | $286,000 | $1,270* | 5.3% | 2.4% | -$979 | n/a |
| 49201Jackson | $252,000 | $1,105 | 5.3% | 1.8% | -$974 | n/a |
| 49269Parma | $260,000 | $1,130* | 5.2% | 1.8% | -$1,017 | n/a |
| 49237Concord | $246,000 | $1,040* | 5.1% | 1.6% | -$993 | n/a |
| 49240Grass Lake | $345,000 | $1,460* | 5.1% | 1.9% | -$1,326 | n/a |
| 49234Clarklake | $331,000 | $1,390* | 5.0% | 2.0% | -$1,220 | n/a |
| 49283Spring Arbor | $289,000 | $1,170* | 4.9% | 1.5% | -$1,205 | n/a |
| 49259Munith | $269,000 | $1,060* | 4.7% | 1.7% | -$1,065 | n/a |
| 49246Horton | $304,000 | $1,140* | 4.5% | 1.5% | -$1,269 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +2.9%
- Rent, 12 months
- +7.8%
- Rent minus price growth
- +4.9 pts
- Property tax
- 1.16%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $186,911 | $853 |
| Aug 2022 | $200,144 | $907 |
| Aug 2023 | $201,873 | $988 |
| Aug 2024 | $213,299 | $1,011 |
| Aug 2025 | $219,549 | $1,087 |
| Aug 2026 | $226,007 | $1,172 |
Counties
- Jackson County, MI8.9% median yield
Tools
Questions
- Is the Jackson, MI metro good for rental property?
- The typical home here runs -$711 a month at 7.78% with 25% down, breaking even at about 0.5%. 0 of 3 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 8.9%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Jackson, MI metro have the highest rental yield?
- 49202 (Jackson) at 9.3%, 49203 (Jackson) at 8.9%, 49201 (Jackson) at 5.3%, on Zillow value and rent. The full table above sorts by any column.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.