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Jobs–housing balance is a critical concern in urban planning and sustainable economic development. Urban rail transit, as a key determinant of employment and residential location decisions, plays a pivotal role in shaping jobs–housing dynamics. Beijing, the first Chinese city to develop a subway system, offers a comprehensive rail network, making it an ideal case for exploring the effects of transit density on jobs–housing balance. This study utilizes medium-scale panel data from Beijing (2009–2022) and employs a fixed-effects model to systematically examine the impact of rail transit station density on jobs–housing balance and its underlying mechanisms. The results indicate that increasing transit station density tends to aggravate jobs–housing separation overall, with pronounced effects in central and outer suburban areas but negligible effects in near suburban areas. Mechanism analysis reveals two primary pathways: (1) improved accessibility draws employment toward transit-rich areas, reinforcing the attractiveness of central districts; (2) rising housing prices elevate residential thresholds, pushing lower-income populations toward outer suburbs. While enhanced transit density improves commuting convenience, it does not effectively reduce jobs–housing separation. These findings offer important policy implications for optimizing transit planning, improving jobs–housing alignment, and promoting sustainable urban development.
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