ZIP Code · MS

ZIP 39047

Part of Brandon, MS

Pop. 40,808·Rankin County·5th most expensive ZIP in Mississippi

Median rent (all units)

$1,885/mo

Year-over-Year

+5.0%

Month-over-Month

+0.9%

vs US Median

-$47

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 39047 · $1,885

More expensive than 54% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,550

1 BR

$1,560

2 BR

$1,830

3 BR

$2,190

4 BR+

$2,420

Research median

$1,830/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 39047 is at its highest level since Zillow's records here began in March 2022.

Past year vs. the rest of Mississippi

Rent in ZIP 39047 changed +5.0% over the year to September 2026. Across the 30 Mississippi ZIP codes Zillow tracks, the typical change was +4.6%.

Recent direction

Rent has risen 2 months in a row, and rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($100,347) is $2,509 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,420).

From Zillow's monthly rent index (ZORI) for ZIP 39047. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$22,620/yr

At $1,885/mo median

Location

CityBrandon

StateMS

CountyRankin County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 5.0% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+5.0% YoY, +0.9% MoM), not inventory.

Demographics

Who lives here

ZIP 39047 (Brandon, MS) is majority owner-occupied, has a median income above the national average, 45% of residents hold a bachelor's degree or higher.

Population

40,808

Median income

$100,347

Median age

39.6

Renters

14.7%

Age distribution

22.6%

20.6%

27.1%

12.8%

16.9%

Under 1822.6%

18–3420.6%

35–5427.1%

55–6412.8%

65+16.9%

Gender

46.6%

53.4%

Male46.6%

Female53.4%

Race & ethnicity

78.4%

13.4%

White78.4%

Black13.4%

Hispanic2.7%

Asian1.6%

Other3.8%

Education (25+)

14.7%

33.2%

45%

No HS diploma7.1%

HS diploma14.7%

Some college33.2%

Bachelor's+45%

Housing tenure

85.3%

14.7%

Owner85.3%

Renter14.7%

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

2022 vs 2026

How ZIP 39047 in Brandon, MS has changed in 5 years

Rent

$1,479 → $1,885

up 27.5%

Income

$90,577 → $100,347

up 10.8%

Population

39,931 → 40,808

up 2.2%

Renter share

14.9% → 14.7%

-0.2 pts

Bachelor's+

43.3% → 45%

+1.7 pts

Median age

37.8 → 39.6

+1.8 yrs

Across the past five years, the going rent in ZIP 39047 in Brandon, MS has shifted from $1,479 to $1,885, up 27.5% since 2022. Median household income climbed from $90,577 to $100,347 between 2021 and 2024, a 10.8% shift. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 39047 in Brandon, MS adding about 877 residents over the five-year window, up 2.2% on net. Taken together, the five-year picture in ZIP 39047 in Brandon, MS reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

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About renting in ZIP 39047

Last updated: October 17, 2026

ZIP code 39047 covers Brandon, MS. The median rent here is $1,885/mo as of October 2026. A 1-bedroom rents for a median of $1,560/mo. A 2-bedroom rents for a median of $1,830/mo.

At 23% of local median household income ($100,347/yr), ZIP 39047 ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.0% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 39047?

To keep rent at or below 30% of gross income, you would need to earn at least $75,000/year (about $36/hour full-time) to afford the median rent of $1,885/mo in ZIP 39047. The local median household income is $100,347/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 39047?

Rent in ZIP 39047 has risen 5.0% over the past year as of September 2026. That is the highest level since Zillow's records here began in March 2022.

How does ZIP 39047 compare to other ZIPs in Mississippi?

ZIP 39047 is one of the pricier among Mississippi ZIP codes for rent, ranking #5 of 42 at $1,885/mo. Over the year to September 2026, rent in ZIP 39047 changed +5.0%, against a typical +4.6% across the 30 Mississippi ZIP codes Zillow tracks.