Jackson, MS: Crossroads of the South
With an estimated 153,701 residents, Jackson is the most populous city in Mississippi. It also serves as the state capital and as one of two county seats of Hinds County. Colleges and universities located in Jackson include Jackson State University, Belhaven University, and Hinds Community College.
In terms of arts and culture, Jackson offers no shortage of attractions. Notable points of interest include the Mississippi Civil Rights Museum, the Mississippi Symphony Orchestra, the Mississippi Museum of Art, the Mississippi Museum of Natural Science, and the Oaks House Museum.
Jackson is also a great place for nature lovers. Popular destinations include the Jackson State University Botanical Garden, the Jackson Zoo, and LeFleur’s Bluff State Park. In this city, residents enjoy fair weather, a diverse population, a vibrant nightlife scene, and a moderate cost of living.
What Is Jackson’s Rental Market Like?
In Jackson, home prices are below average. The median listing price for a home in this city is $57,000, which is 75% below the national median. Affordable real estate is not the only thing that makes Jackson attractive to property investors, though. The city also boasts a high renter population, with 50% of homes being rented.
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In terms of rent, landlords stand to make a decent amount. The average rent here is $872, which is an 8% year-over-year change. Most of the apartments charge a rental rate above $700, too. In fact, 54% of apartments charge between $701 and $1,000, while 17% charge between $1,001 and $1,500. Only 4% of apartments set a rental rate above $1,500.
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To top it all off, Mississippi is also widely recognized as a landlord-friendly state. Here, there is no limit as to how much a landlord can collect in security deposits. Plus, eviction proceedings are fairly simple. The state’s landlord-tenant laws definitely make Jackson a favorable environment for landlords.
Why Go with a Jackson Property Management Company?
Landlords need to balance a plethora of duties to ensure the success of their rental property. Typically, though, landlords don’t have adequate time to manage their rentals. They also usually lack experience in rental management. On the other hand, some landlords either live far away or are just not interested in rental management and operations.
This is where a Jackson rental management company can help. A professional manager can administer the smooth management of rental properties. Management companies ease the burden often shouldered by landlords. Some of the services you can expect from a rental management company include:
- Advertise your listing
- Screen and process tenants
- Oversee property showings
- Set and collect rent
- Create a lease agreement
- Perform move-in, move-out, and routine inspections
- Enforce your lease terms
- Manage maintenance and repairs
- Respond to tenant complaints
- Manage your budget
- Help with tax calculations
- File evictions
Choose the Best Property Management in Jackson
Jackson is a big city with many rental properties and management companies. With numerous options, it can be too overwhelming to know where to begin looking. Make the search process simpler using Rental Choice. Our comprehensive online directory consists of reliable property management companies you can search by location. Give it a try today!
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