Section 8 Fair Market Rent (FMR) for ZIP 39182 - 2027

FY 2027 Fair Market Rent Rates

The ZIP code 39182 is located in Vicksburg, Mississippi, and primarily encompasses a commercial area known as Pemberton Square Boulevard. Due to limited data, specifics such as the exact population, percentage of renters, median income, and median home value are not available. However, we can still analyze the rental market dynamics.

The Fair Market Rent (FMR) for the metro area as of fiscal year 2026 is set at $950. Without specific market rent data for ZIP 39182, it's challenging to compare these figures directly. Nevertheless, the FMR serves as a benchmark for rental prices in the area.

For a hands-off voucher operator, the ZIP code 39182 could be suitable due to its commercial nature, which might attract tenants who prefer proximity to businesses and services. The FMR provides a reliable guideline for setting rents that align with federal standards, ensuring compliance with Section 8 requirements.

In contrast, a hands-on value-add buyer might find opportunities to enhance property values through improvements tailored to the local commercial environment. Given the absence of detailed local rent data, the FMR offers a starting point for assessing potential returns on investment.

Ultimately, the decision to invest in ZIP 39182 should consider the unique blend of commercial activity and the broader context of Vicksburg's rental market. The $950 FMR is a key figure for setting realistic expectations and ensuring alignment with federal housing assistance programs.

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.