Location: Lee County, MS | Metro: Lee County, MS
| Unit Size | Monthly FMR |
|---|---|
| Studio | $950 |
| 1 Bedroom | $970 |
| 2 Bedrooms | $1,090 |
| 3 Bedrooms | $1,380 |
| 4 Bedrooms | $1,450 |
| 5 Bedrooms | $1,682 |
| 6 Bedrooms | $1,884 |
| 7 Bedrooms | $2,035 |
| 8 Bedrooms | $2,137 |
U.S. Census Bureau data (2024)
The ZIP code 38879 stands out due to its extremely low population count, with only 56 residents recorded. This makes it one of the least populated areas analyzed under the Section 8 program. Notably, there is no rental activity reported, indicated by the 0.0% renting figure, suggesting that this area is predominantly owner-occupied. The lack of data for median income and median home value implies a homogenous economic profile among the residents, or possibly a very small sample size that does not provide meaningful statistical insights.
Moving to the voucher economics, the Fair Market Rent (FMR) for the metro area covering ZIP 38879 is set at $1,010 for fiscal year 2026. However, since there is no market rent data available, landlords cannot directly compare this FMR to typical local rental prices. The absence of market rent data suggests that rental housing is not a significant part of the local economy, and the impact of Section 8 vouchers on the rental market is likely minimal.
The data signature for ZIP 38879 reads as stable. With no residents renting and limited economic diversity, any changes in the housing market would be difficult to detect. The lack of variability in the data points also indicates that the area is unlikely to experience rapid transitions or shifts in its economic landscape, making it a predictable but static environment for landlords and small-portfolio investors.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.