Section 8 Fair Market Rent (FMR) for ZIP 39303 - 2027

FY 2027 Fair Market Rent Rates

The Fair Market Rent (FMR) for ZIP code 39303 in Unknown, MS, for fiscal year 2026 is set at $910. This figure represents the payment standard for Section 8 housing vouchers, meaning the government will pay up to this amount per month to cover a tenant's rent if their calculated rent exceeds it. It's crucial to understand that $910 is not the rent you should charge; rather, it's the maximum amount the voucher can cover.

Local rent data for ZIP 39303 is currently N/A. However, the N/A% of residents who rely on rental assistance indicates a significant demand for affordable housing options. This percentage suggests that a portion of the population is actively seeking rentals that fit within their budgetary constraints, which could include those covered by Section 8 vouchers.

The acquisition cost for properties in this area is also listed as N/A. While this makes it difficult to provide a precise valuation, it's important to note that property values often correlate with rental prices. If you're looking to enter the market with a Section 8 rental, you'll want to ensure your property meets the necessary standards to qualify for the program, including safety and habitability requirements.

Before you proceed with adding a Section 8 rental to your portfolio, verify that your property's rent does not exceed the $910 FMR. The actual rent you can charge will be based on a calculation that includes the tenant's income and any other applicable factors, but it cannot surpass the FMR. This ensures compliance with the program guidelines and helps you avoid any financial penalties or disputes.

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.