Jackson, MS Apartment Market & Multifamily Brokerage
Hinds County, MS
Jackson is Mississippi's capital and largest city — 141,376 residents supporting 147 tracked properties and 12,228 units, the deepest market in our coverage area outside the Gulf Coast metros.
At 86.5 units per 1,000 residents, apartment supply runs close to the middle of the markets we track — meaningful scale without oversaturation.
Average asking rent runs $1,043/unit. The city's water utility has been under federal oversight since 2022 and only exited Safe Drinking Water Act violations in 2025; rates are rising and long- term governance is still being worked out at the state level — a real operating-cost variable worth underwriting carefully in this market, not a reason to avoid it.
Jackson's water utility exited over a decade of federal violations in 2025, but rates are rising ~12% and long-term system governance is still being decided by the legislature — a real diligence item here.
Steven Rowe and Gulf Coast Multifamily represent owners of 10+ unit apartment properties in Jackson and across Hinds County, MS. If you're thinking about selling, refinancing, or just want to know what your property is worth, a confidential conversation costs nothing.