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ZIP Code · MI

ZIP 49203

Part of Jackson, MI
Pop. 36,474·Jackson County·138th most expensive ZIP in Michigan
Median rent (all units)
$1,205/mo
Year-over-Year
+5.3%
Month-over-Month
+1.3%
vs US Median
-$760
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 49203 · $1,205
More affordable than 92% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$910
1 BR
$1,020
2 BR
$1,260
3 BR
$1,660
4 BR+
$1,760
Research median
$1,260/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: July 20, 2026

Annual cost
$14,460/yr
At $1,205/mo median
Location
StateMI
CountyJackson County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 5.3% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+5.3% YoY, +1.3% MoM), not inventory.
Demographics

Who lives here

ZIP 49203 (Jackson, MI) is majority owner-occupied, has a median income below the national average, 22.4% of residents hold a bachelor's degree or higher.

Population
36,474
Median income
$56,201
Median age
39
Renters
33.1%
Age distribution
22.8%
22.5%
23.5%
12.1%
19.1%
Under 1822.8%
18–3422.5%
35–5423.5%
55–6412.1%
65+19.1%
Gender
48.9%
51.1%
Male48.9%
Female51.1%
Race & ethnicity
74.3%
13.4%
White74.3%
Black13.4%
Hispanic4.8%
Asian0.8%
Other6.6%
Education (25+)
32.9%
36.8%
22.4%
No HS diploma8%
HS diploma32.9%
Some college36.8%
Bachelor's+22.4%
Housing tenure
66.9%
33.1%
Owner66.9%
Renter33.1%

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

2021 vs 2026

How ZIP 49203 in Jackson, MI has changed in 5 years

Income
$50,073 → $56,201
up 12.2%
Population
37,745 → 36,474
down 3.4%
Renter share
32.9% → 33.1%
+0.2 pts
Bachelor's+
22.7% → 22.4%
-0.3 pts

Local incomes tracked alongside that move, going from a median of $50,073 in 2021 to $56,201 more recently. Headcount in the area went from 37,745 to 36,474 between 2021 and 2024, a 3.4% change.

Community

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Local insights

Tips for renters in ZIP 49203

About renting in ZIP 49203

Last updated: July 20, 2026

ZIP code 49203 covers Jackson, MI. The median rent here is $1,205/mo as of July 2026. A 1-bedroom rents for a median of $1,020/mo. A 2-bedroom rents for a median of $1,260/mo.

At 26% of local median household income ($56,201/yr), ZIP 49203 ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.3% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 49203?

As of July 20, 2026, the median monthly rent in ZIP 49203 (Jackson, MI) is $1,205. This is based on aggregated data from public sources and community submissions.

How does ZIP 49203 rent compare to the US average?

ZIP 49203's median rent of $1,205/mo is $760 (39%) below the US national median of $1,965/mo.

How does ZIP 49203 compare to other ZIPs in Michigan?

ZIP 49203 is among the more affordable ZIP codes in Michigan, ranking #138 out of 165 ZIPs at $1,205/mo.

How much income do you need to rent in ZIP 49203?

To keep rent at or below 30% of gross income, you would need to earn at least $48,000/year (~$23/hour full-time) to afford the median rent of $1,205/mo in ZIP 49203. The local median household income is $56,201/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 49203?

Rent in ZIP 49203 has increased 5.3% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 49203 an affordable place to rent?

ZIP 49203 is considered affordable for renters. At $1,205/mo, rent takes approximately 26% of the local median household income ($56,201/yr). The standard benchmark is 30%. ZIP 49203 falls comfortably within that range.

What percentage of ZIP 49203 residents rent vs. own?

According to Census data, approximately 33.1% of ZIP 49203 households are renters, while 66.9% are owner-occupied. ZIP 49203 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 49203 compare to the rest of Jackson?

ZIP 49203 is pricier than Jackson as a whole. At $1,205/mo, it's $65 above the Jackson citywide median of $1,140/mo.

When was rent data for ZIP 49203 last updated?

Rent data for ZIP 49203 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
26%
AFFORDABLE

At $1,205/mo, rent takes ~26% of ZIP 49203's median household income ($56,201/yr). The standard benchmark is 30%.

ZIP 49203 26%Benchmark 30%
State income tax4.25%
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Schools nearby

Public schools near ZIP 49203 (Jackson, MI)

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