Jackson Office Rent Price & Sales Report

2024 Office Space Rent & Sales

  • $20.60 2024 Avg. Asking Rent
  • 24.10% 2024 Office Vacancy Rate

Jackson office price per square foot in 2024 was $20.60 on average. The local office market recorded an average vacancy rate of 24.10% across all asset classes combined.

See how this market compares to the national average: U.S. office space rent & sales.

Average Rent by Office Class

2024 Average Office Rent per Square Foot

  • Mississippi Class A & A+ Office Space$22.89
  • Mississippi Class B Office Space$17.62
  • Mississippi Class C Office Space$14.50

Jackson, MS Office Asking Rents by Class

2024 Office Vacancy Rates in Jackson

Submarket Asking Rents Vacancy Rates
Flowood $22.16 8.26%
Jackson_CBD $21.37 34.82%
Jackson_West $19.00 15.12%
I-55 Corridor $16.67 10.73%
Data provided by Yardi Research
Submarket differences in factors such as property mix, degree of accessibility, and availability of amenities influence not only variation in office rent price, but also in vacancy rates. The overall office vacancy rate on the Jackson market was 24.10% in 2024. Looking at the market stats on a more granular level, data shows that the lowest office vacancy rate in Jackson was 8.26% in the Flowood submarket, while the highest office vacancy in the market was 34.82%, recorded in Jackson_CBD.

Office Spaces for Rent in Mississippi

Coworking Spaces in Mississippi

Largest Office Properties Recently Completed in Jackson
Office building Address SF Completed
3,140 SF Retail Space | District at Eastover (Former Orangetheory Fitness) 120 District Boulevard East, 39211 585,000 2017
Baptist Medical Center - Belhaven Building 1200 North State Street, 39202 168,743 2013
The Pinnacle at Jackson Place 190 East Capitol Street, 39201 189,000 2008
Meadowbrook Office Park - 1400 Meadowbrook Road 1400 Meadowbrook Road, 39211 57,227 2005
6250 Old Canton Rd 6250 Old Canton Rd, 39211 20,995 1999
6250 Old Canton Rd 6250 Old Canton Rd, 39211 20,995 1999
Northtown Office Building 40 Northtown Drive, 39211 3,600 1999
The Allen Building 5898 Ridgewood Rd, 39211 10,000 1997
6040 I-55 6040 Interstate 55 North Frontage Road, 39211 7,440 1994
1991 Lakeland Dr 1991 Lakeland Dr, 39216 13,554 1991

Worth noting among recent office completions on the Jackson market is 3,140 SF Retail Space | District at Eastover (Former Orangetheory Fitness), which is currently the largest new office development in the city, at 585,000 square feet.

Data provided by Yardi Research

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This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2024 through December 31st 2024. Construction pipeline data represented herein is valid as of February 2025. The information on this page was compiled using data provided by Yardi Research Data, a market intelligence solution which offers comprehensive real market knowledge on all Jackson commercial properties sized 25,000 square feet or larger.

While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor Yardi Research Data can guarantee that the information provided is complete.