JACKSON, Miss. (WJTV) – For those who prioritize value when it comes to renting, a new report indicated that Jackson is among the best destinations nationally.
With housing costs at an all-time high, the average age of a home buyer nationally is 38 years old. As a result, for many in the capital city, the only affordable housing option is an apartment. According to RentCafe, Jackson renters with a $1,500 budget get the fifth-best value for their money nationally among major cities.
The average apartment rent is $1,055 with 926 square feet. The same-size apartment in Santa Clarita, California, is $2,541. If a Jackson resident were to spend $1,500 on rent monthly, they would get an apartment with around 1,317 square feet. That is the fourth-best value among small major cities and the fifth-best value among all major cities nationally.
Mississippi among states with most vacant homes: report
However, other factors than price may be worth considering before moving to the capital city. Violence in and around apartment complexes trumps other areas of the Jackson metro. A mass shooting on Monday morning injured eight people. It occurred in Fondren, just blocks away from several nearby apartment complexes…