Example household · $83,730 · same pay · 1 adult

Jackson

Housing in Jackson, MI: Rent, Home Prices & Property Tax

$2,468 left/mo

$893/mo (1 bd) in Jackson. Median home $182,900. Property tax 1.29%.

Rent (1-bedroom)
$893
/mo
Buy
$1,361
Mortgage, tax, insurance
Buying costs more
$468
/mo

To buy

  • 20% down payment$36,580
  • Mortgage at 7.24%$997
  • Property tax (1.29% of value)$197/mo · $2,359/yr
  • Insurance and upkeep$168
  • Monthly total$1,361

Months to 20% down

$2,468 left each month. About 15 months (1.3 years) to save $36,580.

Rent is Zillow asking rent. The price is the Census median home value. The mortgage is a 30-year fixed at 7.24%, the Freddie Mac PMMS average for the week of Oct 29, 2026, with 20% down.

Guide: state tax and rent when you compare cities

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