Location: Scott 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 | $910 |
| 1 Bedroom | $920 |
| 2 Bedrooms | $1,070 |
| 3 Bedrooms | $1,270 |
| 4 Bedrooms | $1,410 |
| 5 Bedrooms | $1,636 |
| 6 Bedrooms | $1,832 |
| 7 Bedrooms | $1,979 |
| 8 Bedrooms | $2,078 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,070 | $154,763 | 0.69% | D |
| 3BR | $1,270 | $220,559 | 0.58% | F |
| 4BR | $1,410 | $424,310 | 0.33% | F |
U.S. Census Bureau data (2024)
ZIP 39145, located in Brandon, Mississippi within Scott County, represents a strategic opportunity for landlords and small-portfolio investors looking to build a robust Section 8 portfolio. This area serves primarily as a cash-flow anchor due to the significant spread between the Fair Market Rent (FMR) and the market rent.
The FMR for ZIP 39145 in fiscal year 2024 is set at $960. However, the average market rent stands at $1,002. This means that landlords can potentially charge a premium over the FMR while still participating in the Section 8 program. The ability to charge closer to market rates without fully relying on government subsidies ensures steady and reliable cash flow, making it an ideal anchor for any investment portfolio.
Furthermore, the median home value in ZIP 39145 is $226,730. This figure indicates a relatively stable housing market where property values are unlikely to fluctuate dramatically. Stable property values reduce the risk of depreciation and provide a solid foundation for long-term investment strategies.
While the renter share in ZIP 39145 is 17.9%, and the median income is $64,318, these factors do not significantly impact the decision to classify this area as a cash-flow anchor. The primary focus should be on the financial stability provided by the consistent rent payments that are close to market rates.
In conclusion, ZIP 39145 is best suited as a cash-flow anchor within a Section 8 portfolio. The favorable spread between FMR and market rent ensures a steady income stream, while the stable median home value provides security against major market downturns. Landlords and investors can leverage this area to maintain a strong financial position within their overall investment strategy.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.