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Gulfport vs Jackson:
Housing Costs in Mississippi

Side-by-side comparison of home prices, mortgage payments, and housing costs between Gulfport and Jackson, Mississippi. Using Mississippi's 0.8% property tax rate and $2,400/year insurance. Updated for 2026.

MetricGulfportJackson
Median Home Price$185K$145K
Population72,926153,701
Average Rent$1,050/mo$920/mo
Est. Monthly Mortgage (P&I)$1,052/mo$825/mo
Est. Monthly Property Tax$123/mo$97/mo
Est. Monthly Insurance$200/mo$200/mo
Est. Total PITI$1,445/mo$1,176/mo
Price-to-Rent Ratio14.713.1
Verdict

Jackson edges out Gulfport in affordability, saving you roughly $269/month on total housing costs. Both cities are in Mississippi, so property tax rates and insurance costs are the same — the difference comes down to home prices and what you get for your money in each market.

Monthly Payment Comparison

Estimated PITI payments assuming 10% down, 6.5% rate, 30-year fixed mortgage with PMI. Uses Mississippi's 0.8% property tax rate.

Gulfport
Home Price$185,000
Down Payment (10%)$18,500
Loan Amount$166,500
Monthly P&I$1,052
Monthly Property Tax$123
Monthly Insurance$200
Monthly PMI$69
Total PITI$1,445/mo
Annual property tax: $1,480
Jackson
Home Price$145,000
Down Payment (10%)$14,500
Loan Amount$130,500
Monthly P&I$825
Monthly Property Tax$97
Monthly Insurance$200
Monthly PMI$54
Total PITI$1,176/mo
Annual property tax: $1,160

Buying in Jackson saves you approximately $269/month ($3,228/year) compared to Gulfport, based on median home prices with identical loan terms.

Which City Is Better For...

First-Time Buyers

Jackson is the better choice for first-time buyers, with a median price of $145K versus $185K in Gulfport. That's $40K less to save for a down payment. You'd need roughly $5K for an FHA 3.5% down payment in Jackson, compared to $6K in Gulfport. Mississippi offers the MHC Smart Solution program (Up to $10,000 DPA) which applies in both cities.

Real Estate Investment

Jackson has the better price-to-rent ratio at 13.1x versus 14.7x in Gulfport. A lower ratio generally signals better rental income relative to purchase price. Average rent in Jackson is $920/month on a $145K median home, making it a stronger candidate for buy-and-rent investors.

Families

Jackson (pop. 153,701) offers more amenities, schools, and services typical of a larger city, while Gulfport (pop. 72,926) may offer a quieter, more community-oriented lifestyle. Jackson offers both more options and lower housing costs, making it attractive for families who want urban amenities without a premium price.

Income Needed to Afford the Median Home

Gulfport
$62K
annual household income
Based on $1,445/mo PITI at 28% DTI
Jackson
$50K
annual household income
Based on $1,176/mo PITI at 28% DTI

Other Cities in Mississippi

Southaven$235K
Pop. 54,368 · Rent $1,180/mo
Hattiesburg$175K
Pop. 48,602 · Rent $950/mo
Biloxi$195K
Pop. 46,212 · Rent $1,080/mo
Olive Branch$265K
Pop. 40,375 · Rent $1,220/mo
Tupelo$195K
Pop. 38,312 · Rent $980/mo
Meridian$125K
Pop. 33,865 · Rent $780/mo
Oxford$285K
Pop. 28,122 · Rent $1,220/mo
Starkville$225K
Pop. 25,495 · Rent $1,050/mo

Explore Mississippi

Mississippi Mortgage Guide$175K median →
0.8% tax · $2K closing · $2,400/yr insurance
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