Location: Jackson, MS | Metro: Jackson, MS HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $890 |
| 1 Bedroom | $890 |
| 2 Bedrooms | $1,040 |
| 3 Bedrooms | $1,240 |
| 4 Bedrooms | $1,370 |
| 5 Bedrooms | $1,589 |
| 6 Bedrooms | $1,780 |
| 7 Bedrooms | $1,922 |
| 8 Bedrooms | $2,018 |
U.S. Census Bureau data (2024)
ZIP code 39174 is situated within the Jackson, MS HUD Metro FMR Area. The Fair Market Rent (FMR) for 39174 is set at $1060 for fiscal year 2024. This figure represents the baseline rental cost HUD uses to determine eligibility for its housing assistance programs.
Comparatively, the average FMR across typical ZIP codes within the Jackson, MS HUD Metro FMR Area is higher, suggesting that 39174 offers lower-than-average rents for the region. However, the specific market rent and home values for 39174 are currently unavailable. This lack of data makes it challenging to draw precise conclusions about the area's overall market conditions relative to other ZIP codes in the metro.
The renter share percentage for 39174 is also not available, which prevents us from making an inference based on the relationship between renter share and home values. Typically, a high renter share coupled with below-average home values can indicate a favorable environment for Section 8 properties, but without this data point, we cannot confirm if 39174 fits this description.
Given the lower FMR compared to the average within the Jackson, MS HUD Metro FMR Area, 39174 could be considered a value pocket for potential Section 8 tenants. Landlords and small-portfolio investors should note that while the area offers affordable rents, the absence of market rent and home value data means they must rely on local real estate trends and consult additional sources for comprehensive insights into the investment climate.
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.