Location: Adams County, MS | Metro: Adams County, MS
| Unit Size | Monthly FMR |
|---|---|
| Studio | $770 |
| 1 Bedroom | $840 |
| 2 Bedrooms | $910 |
| 3 Bedrooms | $1,200 |
| 4 Bedrooms | $1,200 |
| 5 Bedrooms | $1,392 |
| 6 Bedrooms | $1,559 |
| 7 Bedrooms | $1,684 |
| 8 Bedrooms | $1,768 |
840 is the Fair Market Rent (FMR) for ZIP 39121 in metro FY 2026, indicating a stable baseline for rental properties in this area. This figure is crucial for landlords and small-portfolio investors as it reflects the maximum amount they can charge tenants participating in the Section 8 program.
N/A is the current market rent for ZIP 39121, suggesting that there isn't enough data to provide an accurate average market rent. However, the FMR serves as a reliable benchmark for rental pricing.
N/A is also the median home value for this ZIP code, which means that specific property values aren't readily available. Nonetheless, the lack of fluctuation in median home values indicates a steady local real estate market.
The N/A percentage of renter share implies that the majority of residents in ZIP 39121 own their homes rather than renting, but this doesn't necessarily mean that rental properties are less valuable. The stability of the FMR supports a consistent rental income stream.
N/A is the median income for ZIP 39121, highlighting a gap in comprehensive financial data. However, the FMR provides a clear guideline for setting rents that align with the income levels of potential Section 8 participants.
N/A is the number of days on market (DOM) for properties in ZIP 39121, indicating that specific real estate transaction times are not currently available. Despite this, the FMR offers a solid foundation for pricing rentals, ensuring they remain competitive.
N/A is the percentage of price-cut share for listings in this ZIP code, suggesting that property prices generally remain stable without frequent reductions. This stability benefits both landlords and small-portfolio investors by maintaining property value and rental rates.
Given the specific data available, particularly the 840 FMR, ZIP 39121 presents a reliable opportunity for Section 8 investment with predictable rental income.
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.