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City · 25,542 residents · Rankin County, Mississippi

Brandon , Mississippi

In Brandon, a typical home is worth $278,900 and typical rent is $1,382 a month. Compared with all of Rankin County, the typical home value is 17% higher and typical household income is 17% higher.

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  • Typical home value

    $278,900

    17% above the county

    64% above Mississippi

    • Brandon
    • Rankin
    • Mississippi

  • Typical rent

    $1,382a month

    9% above the county

    45% above Mississippi

    • Brandon
    • Rankin
    • Mississippi

  • Typical household income

    $92,783a year

    17% above the county

    64% above Mississippi

    • Brandon
    • Rankin
    • Mississippi

  • Households that own their home

    78%

    2 points above the county

    8 points above Mississippi

    • Brandon
    • Rankin
    • Mississippi

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$293,174
2.9% more than 12 months ago
Typical rent
$1,787 a month
2.5% more than 12 months ago

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Brandon is in Rankin County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Rankin County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Brandon apart

What this place has that others do not, from public data, most unusual first.

  1. Nearby, in Jackson, the typical home value is $111,700: 60% less than in Brandon ($278,900).

  2. Brandon has the 3rd highest typical household income of the 67 cities in Mississippi with more than 5,000 people ($92,783).

  3. Brandon has the 4th smallest share of rent-burdened renters of the 63 cities in Mississippi with more than 5,000 people (37%).

  4. Nearby, in Jackson, the typical rent is $1,055: 24% less than in Brandon ($1,382).

  5. The typical home in Brandon is worth $278,900, 17% more than in Rankin County as a whole ($237,400).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Brandon

What homes there are in Brandon, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

Detached houses, standing on their own, make up 80% of homes here, against 73% in Rankin County.

Year built

In Brandon, half of the homes were built before 1996; in Rankin County, before 1995.

By size, homes in Brandon look like those in Rankin County: 81% have 3 bedrooms or more.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$1,825 a month

Rankin County: $1,575 a month

Without a mortgage

$504 a month

Rankin County: $467 a month

Owners with a mortgage

65%

Rankin County: 61%

Owning costs more in Brandon: with a mortgage, the typical cost is $1,825 a month; in Rankin County, $1,575. Without one, $504.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

From 2015–2019 to 2020–2024, the typical home value in Brandon rose 53%; in Rankin County, it rose 46%.

Since 2015–2019, the typical rent in Brandon rose 41%, more than in Rankin County (29%).

Here income did not keep up with housing: it rose 18%, while home values changed +53% and rent +41%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureBrandonRankin CountyMississippiUnited States
Rental vacancy Unreliable estimate5.8%8.2%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate0.8%0.9%
More than one person per room Unreliable estimate1.2%2.2%3.4%
People per household 2.662.562.492.53
Drive alone 83%82%82%69%
Carpool 9%9%9%9%
Public transit Unreliable estimateUnreliable estimate0%3%
Walk or bike Unreliable estimate1%1%3%
Work from home 7%7%6%15%
Other means Unreliable estimate1%1%2%
Typical commute 20 to 29 minutes20 to 29 minutes20 to 29 minutes20 to 29 minutes

By size, households in Brandon look like those in Rankin County: 2.66 people on average.

To get to work, 83% of workers in Brandon drive alone; in Rankin County, 82%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Brandon?

A typical home is tight for the typical income

We start with a typical home in Brandon, worth $278,900, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 29% of the typical household income in Brandon, which is $92,783 a year. For that payment to be 28% of income, a household would need to earn about $96,248 a year.

The calculator's FHA and conventional loan limits are those of all of Rankin County.

Your numbers

Local data
$

Starts at the typical home value in Brandon. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $9,762 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$2,246

at 7.18% · 30 years

Loan amount
$273,848
Total interest
$394,003
Paid off in
November 2056

Includes $4,710 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $2,165 a month

  • Tight

    $2,165 to $2,783 a month

    Your payment · 29%

  • Hard

    more than $2,783 a month

Compared with the typical household income in Brandon ($92,783 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$2,246
Principal & interest$1,855
Property tax$151
Home insurance$116
FHA mortgage insurance (MIP)$123

You need at least $9,762 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Brandon and Rankin County

Brandon is in Rankin County, Mississippi. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Brandon's own numbers

Typical home value
$278,900
Typical monthly rent
$1,382
Typical yearly household income
$92,783
Households that own their home
78%
Effective property tax rate
0.65%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Rankin County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,289
Price change over 5 years (FHFA)
+39%
Homes in a high flood-risk zone
4.5%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Rankin County.

Everything about Rankin County

Buying

Buying a home in Brandon

A typical home in Brandon is worth $278,900: 17% above the county and 64% above Mississippi. With the typical household income in Brandon ($92,783 a year), a typical home costs 3.0 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Brandon 3.0 years
  • Rankin 3.0 years
  • Mississippi 3.0 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Rankin County

According to FHFA’s house price index, home prices in Rankin County rose 56% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Rankin County.

Period County Mississippi U.S.
Last year (2025) +2.3% +3.5% +2.9%
5 years (2020–2025) +39% +42% +47%
10 years (2015–2025) +56% +62% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Brandon next to Rankin County, Mississippi and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Brandon $278,900
  • Rankin $237,400
  • Mississippi $169,800
  • United States $332,700
Typical monthly rent
  • Brandon $1,382
  • Rankin $1,270
  • Mississippi $954
  • United States $1,413
Typical yearly household income
  • Brandon $92,783
  • Rankin $79,357
  • Mississippi $56,447
  • United States $80,734
See the full table
Brandon next to Rankin County and Mississippi
Measure Brandon Rankin County Mississippi U.S.
Typical home value $278,900 $237,400 $169,800 $332,700
Typical monthly rent $1,382 $1,270 $954 $1,413
Typical yearly household income $92,783 $79,357 $56,447 $80,734
Households that own their home 78% 77% 70% 65%
Typical yearly property tax $1,822 $1,428 $1,215 $3,119
Effective property tax rate 0.65% 0.6% 0.72% 0.94%
Renters with high rent for their income 37% 50% 51% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Rankin County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Brandon

For a typical $278,900 home in Brandon, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Brandon's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $2,246a month

    Least cash to close
    Down payment
    $9,762
    Cash to close
    $18,129
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $123

  • Conventional, 5% down $2,195a month

    Down payment
    $13,945
    Cash to close
    $22,312
    Rate
    7.18%
    Mortgage insurance
    PMI · $132

  • Conventional, 20% down, no PMI $1,779a month

    Down payment
    $55,780
    Cash to close
    $64,147
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $2,037a month

    Down payment
    $41,835
    Cash to close
    $50,202
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Brandon and for Rankin County.

Property tax

Effective rate in Brandon

0.65%of the home’s value each year

$1,822 a year for the typical owner in Brandon.

  • Brandon 0.65%
  • Rankin 0.6%
  • Mississippi 0.72%

What Mississippi publishes Regular homestead exemption (Tier 1) (Mississippi Department of Revenue)

Exemptions and deadlines in Mississippi

Flood risk in Rankin County

FEMA does not publish these numbers by city: they are for all of Rankin County.

Homes in the high-risk zone
4.5%
2,338
Of those, with NFIP insurance
33%
County Mississippi U.S.
Homes in the high-risk zone 4.5% 7.6% 3.5%
Of those, with NFIP insurance 33% 33% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Brandon

Typical rent in Brandon is $1,382 a month: 9% above the county. In Brandon, 37% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Rankin County, by unit size. To pay the 2-bedroom one ($1,289 a month) without spending more than 30% of your income, you would need to earn $24.79 an hour working full time.

HUD fair market rent for all of Rankin County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,099 $21.13 $43,960
1 bedroom $1,105 $21.25 $44,200
2 bedrooms $1,289 $24.79 $51,560
3 bedrooms $1,536 $29.54 $61,440
4 bedrooms $1,694 $32.58 $67,760

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Brandon

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Brandon is in ZIP code 39042.

For 2 bedrooms it is $1,380: $91 more than the fair market rent for Rankin County ($1,289).

  • 39042 $1,380$1,640

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Brandon when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Brandon

HUD lists 3 buildings with rents for lower incomes in Brandon. These are the largest.

  • Chapelridge of Brandon 1500 Chapelridge Way, Brandon 39042 116 low-income homes · 1 bd: 24 · 2 bd: 56 · 3 bd: 36 · In service since 2002
  • Brandon Place Apts 201 Berry Dr, Brandon 39042 24 low-income homes · 1 bd: 8 · 2 bd: 16 · In service since 1998 · For families
  • Crosscreek Apartments 401 W Sunset Dr, Brandon 39042 12 homes, 11 low-income · For people with disabilities (601) 824-9338

See all 18 buildings in Rankin County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Brandon

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

We found no HUD-approved agencies with an office in Rankin County. The nearest ones are below; many serve by phone or online.

A man shakes hands with the specialist who helped him with his loan, in the kitchen of his new home.

HUD counseling is free or low-cost

Assistance programs in Brandon

No down payment, repair or rent-help program on our list is for Brandon or Rankin County. The ones below are statewide in Mississippi: they work in Brandon the same as in the rest of the state.

Which programs do I qualify for? All programs in Mississippi

  • Smart7 Mortgage Program

    Statewide in Mississippi

    Mississippi state corporation 30-year mortgage with $7,000 for the down payment or closing costs as a 0% second mortgage, repaid when you sell, refinance, stop living in the home or pay off the mortgage; no first-time buyer requirement. Offered by Mississippi Home Corporation (MHC).

    Deferred

    See the program Official page

  • Easy8

    Statewide in Mississippi

    Mississippi state corporation 30-year mortgage with $8,000 at 0% as a second mortgage for the down payment, closing costs or prepaid expenses, repaid when you sell, refinance, stop living in the home or pay off the mortgage; for first-time buyers, except in designated areas and for veterans. Offered by Mississippi Home Corporation (MHC).

    Deferred

    See the program Official page

  • Home4All

    Statewide in Mississippi

    Mississippi state corporation forgivable grant, with federal HOME funds, of up to $25,000 for the down payment, closing costs or to reduce the principal; for first-time buyers with incomes under 80% of the area median and a fixed-rate mortgage; if you sell before 5 or 10 years (depending on the amount), you may repay part of it. Offered by Mississippi Home Corporation (MHC).

    Grant

    See the program Official page

Housing counselors near Brandon

The HUD-approved agencies closest to the center of Brandon, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Mississippi Housing Partnership, Inc.

    1217 N West St, Jackson · 11 miles away

    • Mortgage delinquency and default
    • Budget and credit workshops
    • and 4 more
    (601) 969-1895

  • NSC (naca Counseling Subsidiary) - Jackson, MS

    405 Briarwood Dr, Jackson · 12 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 5 more
    (601) 922-4008

  • Voice of Calvary Ministries

    531 W. Capitol St., Jackson · 12 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 7 more
    601-969-3088-17

All counseling agencies in Mississippi

Help in Spanish near Brandon

1 of the 3 agencies on this list says it serves in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Brandon

HUD lists no housing authority with an office in Rankin County. One in a neighboring county or the state’s may serve the area.

All housing agencies in Mississippi Source: HUD

Cities

Other cities in Rankin County

These cities are also in Rankin County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Rankin County Housing in Mississippi

Nearby cities

The cities closest to Brandon, with the typical home value.

Neighboring counties

If Rankin County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Brandon.

All guides
A family roasts marshmallows over a campfire at a forest campsite.

Questions

Housing questions about Brandon

Short answers with the numbers for Brandon and all of Rankin County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Brandon?

The typical home value in Brandon is $278,900, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Rankin County it is $237,400.

How much does it cost to rent in Brandon?

Typical rent in Brandon is $1,382 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Rankin County is $1,289.

What is the FHA loan limit in Brandon?

Brandon uses the FHA limit for all of Rankin County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Brandon?

The typical homeowner in Brandon pays $1,822 a year, according to the U.S. Census Bureau. That is 0.65% of the home’s value; in Rankin County, the rate is 0.6%.

Where can I find free help to buy or rent in Brandon?

We found no HUD-approved counseling agencies with an office in Rankin County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).