Location: Jackson, MS | Metro: Jackson, MS HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,240 |
| 1 Bedroom | $1,240 |
| 2 Bedrooms | $1,450 |
| 3 Bedrooms | $1,730 |
| 4 Bedrooms | $1,910 |
| 5 Bedrooms | $2,216 |
| 6 Bedrooms | $2,482 |
| 7 Bedrooms | $2,681 |
| 8 Bedrooms | $2,815 |
ZIP 39043, located in the Jackson, MS HUD Metro FMR Area, serves as a cash-flow anchor within a Section 8 portfolio strategy. The Fair Market Rent (FMR) for FY 2024 is set at $1290, providing a benchmark for rental properties in the area. Given that market and median home value data are currently unavailable, relying on the FMR ensures a stable income stream for landlords participating in the Section 8 program.
The FMR reflects the maximum amount of rent assistance that will be paid on behalf of eligible families. This fixed figure helps landlords manage their expenses and maintain consistent cash flow, especially in areas where market fluctuations are unpredictable. By anchoring a portion of your portfolio in ZIP 39043, you can ensure that your investment remains stable and secure, regardless of broader economic changes.
While appreciation plays and diversifiers are important components of any real estate strategy, ZIP 39043 offers a reliable source of income due to the guaranteed rental payments through the Section 8 program. This makes it an ideal choice for those looking to stabilize their investment returns and provide affordable housing options to low-income families.
Data Sources: FMR data from HUD (2027).
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.