Location: Lincoln County, MS | Metro: Jackson, MS HUD Metro FMR Area
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $770 |
| 1 Bedroom | $780 |
| 2 Bedrooms | $910 |
| 3 Bedrooms | $1,080 |
| 4 Bedrooms | $1,190 |
| 5 Bedrooms | $1,380 |
| 6 Bedrooms | $1,546 |
| 7 Bedrooms | $1,670 |
| 8 Bedrooms | $1,754 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,080 | $149,586 | 0.72% | D |
U.S. Census Bureau data (2024)
The classification of ZIP 39083 depends on the balance between yield and stability. With a Fair Market Rent (FMR) of $900 for Section 8 properties in fiscal year 2024, compared to a market rent of $651, the potential yield is significant. However, the median home value at $117,683 suggests a moderate investment cost. This combination indicates a higher-than-average rental income potential relative to the home value, which is a positive sign for yield.
On the stability axis, ZIP 39083 has a 32.6% renter occupancy rate, which is slightly above the national average and suggests a decent level of demand. The lack of data on days on market (DOM) makes it challenging to assess the liquidity of the real estate market here, but the median household income of $44,930 provides some insight into the economic health of the area. This income figure is below the national average, which may indicate a lower capacity for residents to afford higher rents, potentially affecting stability.
Based on these figures, ZIP 39083 leans towards being a steady-cashflow zone rather than a high-yield/low-stability flip-style market. The significant difference between FMR and market rent supports a higher yield, while the moderate renter occupancy rate and lower median income suggest a need for caution regarding stability. Landlords and small-portfolio investors should expect reasonable returns but also prepare for potential challenges in maintaining occupancy rates and managing tenant turnover.
To summarize, the area offers a promising yield with a fair amount of stability, making it suitable for those seeking consistent cash flow rather than rapid property flips. The key figures driving this assessment are the FMR of $900, market rent of $651, median home value of $117,683, and median income of $44,930.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.