Compare with
Rent math and competition at once. Rents clear the usual cash-flow bar in a market that is still moving quickly.
What would change this read: price growth (median −9.1% YoY) outrunning rents would pull rent-to-price back under 0.8%/mo and weaken the cash-flow case. inventory, +76.7% YoY, is the number to watch.
The median listing price is down 9.1% YoY while the median home got down 5.9% bigger, so value per square foot is down 2.5%.
Min/max come from the active-listing pool; the median comes from Realtor's separate listing set — the two are not subsets of each other, so the median's position relative to the tiles above should not be read literally.
At the median, a $64K purchase rents for $1,050/mo: 1.63% of price per month against the 1% rule's 1.00%.
Not shown: 1 BR (rent only, no matching sale price), 5 BR (sale only, no matching rent).
Sales here take about 25 days longer to go under contract than rentals (median across 2 property types).
Not shown: Apartment (rented here, not sold), Condo (rented here, not sold), Land (sold here, not rented).
Not shown: Condo (no rent per sq ft reported).
U.S. Census ACS characteristics for ZIP 39213 itself, not its parent county.
Renters hold 52.7% of this ZIP's 8,418 occupied households, on a median household income of $30K.
| Measure | ZIP 39213 | Hinds County | Difference |
|---|---|---|---|
| Median Household Income | $30K | $49K | -$20K |
| Below Poverty Level | 37.1% | 22.7% | +14.4% |
| Median Age | 40.20 | 36.90 | +3.30 |
| Total Population | 18,691 | 218,533 | -- |
| Avg Household Size | 2.20 | 2.34 | -0.14 |
| Owner-Occupied | 47.3% | 58.3% | -11.0% |
| Worked From Home | 7.4% | 8.6% | -1.2% |
| Mean Commute | 22.90 | 22.30 | +0.60 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is down 1.8% to 218,533: residents under 18 are down 2.6% and those 65 and over are up 2.1%.
County median household income is $49K, 22.7% of residents are below the poverty level, 8.6% work from home.