Madison, MS housing market
Typical home value
$419K
▲ 0.8% 1 yr
Typical rent
$2,292/mo
▲ 4.8% 1 yr
Gross rent yield
6.6%
U.S. 6.3%
5-year home value change
+21%
U.S. +20%
Key takeaways
- 1The typical home in Madison is worth $418,521, up 0.8% over the past year and up 21% over five years.
- 2Typical rent is $2,292 a month (+4.8% YoY), a gross rent yield of 6.6% (below the Jackson, MS metro's 8.3%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $2,300/mo, $8 more than typical rent.
- 4Zillow forecasts the Jackson, MS metro's home values to change +1.7% over the next 12 months.
Market temperature (Jackson, MS metro)
Buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 43/100, #227 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Madison compares
| Measure | Madison | Jackson, MS metro | United States |
|---|---|---|---|
| Typical home value | $418,521 | $212,335 | $366,157 |
| Home value, 1-yr change | +0.8% | +2.7% | +1.2% |
| Typical rent | $2,292 | $1,470 | $1,932 |
| Rent, 1-yr change | +4.8% | +3.9% | +2.7% |
| Gross rent yield | 6.6% | 8.3% | 6.3% |
| Price-to-rent ratio | 15.2 | 12.0 | 15.8 |
| Mortgage P&I, typical home | $2,300 | $1,167 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Madison rental, pre-filled.
Rent vs buy in Madison
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $419K home.
Other cities in the Jackson, MS metro
Jackson, MS
$84K home$1,228 rent
▲ 0.7% 1 yr
Brandon, MS
$293K home$1,787 rent
▲ 2.9% 1 yr
Pearl, MS
$212K home$1,494 rent
▲ 4.6% 1 yr
Clinton, MS
$238K home$1,773 rent
▲ 1.7% 1 yr
Ridgeland, MS
$285K home$1,445 rent
▲ 1.8% 1 yr
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.