ZIP Code · MS

ZIP 39042

Part of Brandon, MS

Pop. 39,142·Rankin County·9th most expensive ZIP in Mississippi

Median rent (all units)

$1,665/mo

Year-over-Year

+2.0%

Month-over-Month

-0.6%

vs US Median

-$267

Reported rents

Falling (Monthly)

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Most AffordableMost Expensive

ZIP 39042 · $1,665

More affordable than 60% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,130

1 BR

$1,130

2 BR

$1,330

3 BR

$1,590

4 BR+

$1,760

Research median

$1,330/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 39042 is 1.8% below its high of $1,695 in March 2026, at $1,665 as of September 2026.

Past year vs. the rest of Mississippi

Rent in ZIP 39042 changed +2.0% over the year to September 2026. Across the 30 Mississippi ZIP codes Zillow tracks, the typical change was +4.6%.

Recent direction

Rent has fallen 4 months in a row, and rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($88,597) is $2,215 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,760).

From Zillow's monthly rent index (ZORI) for ZIP 39042. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$19,980/yr

At $1,665/mo median

Location

CityBrandon

StateMS

CountyRankin County

Rent Market Meter

Balanced Market

Renter's MarketBalancedLandlord's Market

Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.

Based on rent-price momentum (+2.0% YoY, -0.6% MoM), not inventory.

Demographics

Who lives here

ZIP 39042 (Brandon, MS) is majority owner-occupied, 35% of residents hold a bachelor's degree or higher.

Population

39,142

Median income

$88,597

Median age

40.4

Renters

17.4%

Age distribution

24.5%

18.5%

28.9%

17.1%

Under 1824.5%

18–3418.5%

35–5428.9%

55–6411%

65+17.1%

Gender

47.4%

52.6%

Male47.4%

Female52.6%

Race & ethnicity

71.2%

24.4%

White71.2%

Black24.4%

Hispanic1.9%

Asian0.6%

Other1.9%

Education (25+)

22%

36.7%

35%

No HS diploma6.3%

HS diploma22%

Some college36.7%

Bachelor's+35%

Housing tenure

82.6%

17.4%

Owner82.6%

Renter17.4%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2023 vs 2026

How ZIP 39042 in Brandon, MS has changed in 5 years

Rent

$1,520 → $1,665

up 9.5%

Income

$83,502 → $88,597

up 6.1%

Population

37,515 → 39,142

up 4.3%

Renter share

15.4% → 17.4%

+2.0 pts

Bachelor's+

34.8% → 35%

+0.2 pts

Median age

41.7 → 40.4

-1.3 yrs

Compared with 2023, rent in ZIP 39042 in Brandon, MS has increased by $145 per month, settling near $1,665 after starting the period at $1,520. Household income in the area moved from $83,502 to $88,597 across the same window, up 6.1% versus 2021. Rent outpaced income growth by roughly 3.4 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 37,515 to 39,142 between 2021 and 2024, a 4.3% change. About 17.4% of households rent today, against 15.4% in 2021. Reading these numbers side by side helps frame whether current listings in ZIP 39042 in Brandon, MS look reasonable against where the market sat half a decade ago.

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About renting in ZIP 39042

Last updated: October 17, 2026

ZIP code 39042 covers Brandon, MS. The median rent here is $1,665/mo as of October 2026. A 1-bedroom rents for a median of $1,130/mo. A 2-bedroom rents for a median of $1,330/mo.

At 23% of local median household income ($88,597/yr), ZIP 39042 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.0% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 39042?

To keep rent at or below 30% of gross income, you would need to earn at least $67,000/year (about $32/hour full-time) to afford the median rent of $1,665/mo in ZIP 39042. The local median household income is $88,597/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 39042?

Rent in ZIP 39042 has risen 2.0% over the past year as of September 2026. It sits 1.8% below its high of $1,695 in March 2026.

How does ZIP 39042 compare to other ZIPs in Mississippi?

ZIP 39042 is one of the pricier among Mississippi ZIP codes for rent, ranking #9 of 42 at $1,665/mo. Over the year to September 2026, rent in ZIP 39042 changed +2.0%, against a typical +4.6% across the 30 Mississippi ZIP codes Zillow tracks.