What is the cheapest Mississippi city to buy an investment property?

Of the 13 cities on this list, Jackson has the lowest median closed price at $144,950, measured across 646 closings tracked inside the city limits.

Which affordable Mississippi market has the most transaction volume?

Jackson, with 646 tracked closings and a median closed price of $144,950. More closings means a deeper comparable set to price against.

Do these rankings include rent or cash flow figures?

No. Resideline does not have verified rent data for these cities, so this page ranks on entry price and transaction volume only. Publishing yields or cash-on-cash figures without rent data would be invention rather than analysis.

Do these figures cover the city or the wider postal area?

The city. Every median and count here describes closings inside the municipal boundary, which is usually a smaller and different footprint from the postal area that shares the name.

Best Places to Buy Rental Property in Mississippi (2026)

There is no honest way to rank Mississippi cities by rental return without rent data, and this page does not have it. What it does have is transaction evidence: the median price homes actually closed at inside each city's limits, and how many closings happened. That answers the two questions that come before any cash flow analysis, what it costs to get in and whether you can get back out.

What this page measures, and what it does not

Every city below cleared at least 100 closings in its reporting window, which filters out markets too thin to read. They are ranked cheapest first by median closed price, from $144,950 to $435,000. You will not find rent estimates, rent-to-price ratios, cap rates, cash-on-cash projections or gross yield rankings here. Resideline does not have verified rent data for these cities, so publishing those numbers would be invention rather than analysis. Entry price and transaction volume are what the data supports. Every figure describes closings inside the city limits, not the wider postal area that shares the city's name. The two can differ a lot: a postal area usually reaches into surrounding townships, which pulls the median toward whatever those townships are worth. Mississippi's statewide median closed price is $283,230 across 9,803 tracked closings.

The rankings

City	Median closed price	Closings tracked	Window
Jackson	$144,950	646	6 months
Gautier	$212,450	164	6 months
Hattiesburg	$215,000	180	6 months
Gulfport	$217,900	580	6 months
Petal	$235,000	191	12 months
Pearl	$255,000	229	6 months
Biloxi	$280,000	307	6 months
Southaven	$281,000	369	6 months
Brandon	$300,000	213	6 months
Ocean Springs	$317,250	190	6 months
Olive Branch	$335,000	376	6 months
Hernando	$370,000	161	6 months
Madison	$435,000	230	6 months

1. Jackson, $144,950, 646 closings

At $144,950 the entry price is about 51 percent of the Mississippi median. Resideline tracked 646 closings there over the last last six months, roughly 108 a month. About 92 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Jackson market page.

2. Gautier, $212,450, 164 closings

At $212,450 the entry price is about 75 percent of the Mississippi median. Resideline tracked 164 closings there over the last last six months, roughly 27 a month. About 93 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Gautier market page.

3. Hattiesburg, $215,000, 180 closings

At $215,000 the entry price is about 76 percent of the Mississippi median. Resideline tracked 180 closings there over the last last six months, roughly 30 a month. About 94 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Hattiesburg market page.

4. Gulfport, $217,900, 580 closings

At $217,900 the entry price is about 77 percent of the Mississippi median. Resideline tracked 580 closings there over the last last six months, roughly 97 a month. About 88 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Gulfport market page.

5. Petal, $235,000, 191 closings

At $235,000 the entry price is about 83 percent of the Mississippi median. Resideline tracked 191 closings there over the last last 12 months, roughly 16 a month. About 100 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Petal market page.

6. Pearl, $255,000, 229 closings

At $255,000 the entry price is about 90 percent of the Mississippi median. Resideline tracked 229 closings there over the last last six months, roughly 38 a month. About 97 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Pearl market page.

7. Biloxi, $280,000, 307 closings

At $280,000 the entry price is about 99 percent of the Mississippi median. Resideline tracked 307 closings there over the last last six months, roughly 51 a month. About 85 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Biloxi market page.

8. Southaven, $281,000, 369 closings

At $281,000 the entry price is about 99 percent of the Mississippi median. Resideline tracked 369 closings there over the last last six months, roughly 62 a month. About 98 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Southaven market page.

9. Brandon, $300,000, 213 closings

At $300,000 the entry price is about 106 percent of the Mississippi median. Resideline tracked 213 closings there over the last last six months, roughly 36 a month. About 96 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Brandon market page.

10. Ocean Springs, $317,250, 190 closings

At $317,250 the entry price is about 112 percent of the Mississippi median. Resideline tracked 190 closings there over the last last six months, roughly 32 a month. About 80 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Ocean Springs market page.

11. Olive Branch, $335,000, 376 closings

At $335,000 the entry price is about 118 percent of the Mississippi median. Resideline tracked 376 closings there over the last last six months, roughly 63 a month. About 98 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Olive Branch market page.

12. Hernando, $370,000, 161 closings

At $370,000 the entry price is about 131 percent of the Mississippi median. Resideline tracked 161 closings there over the last last six months, roughly 27 a month. About 98 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Hernando market page.

13. Madison, $435,000, 230 closings

At $435,000 the entry price is about 154 percent of the Mississippi median. Resideline tracked 230 closings there over the last last six months, roughly 38 a month. About 100 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Madison market page.

How to use this list

Treat it as a shortlist, not an answer. A citywide median cannot price a specific address: property type, size, condition and location move a number far more than the city line does. Run any address on this list through Resideline for the comparable set behind its value.

Figures last updated August 23, 2026 from closings Resideline tracked.