Location: Wayne County, MS | Metro: Wayne County, MS
| Unit Size | Monthly FMR |
|---|---|
| Studio | $770 |
| 1 Bedroom | $770 |
| 2 Bedrooms | $910 |
| 3 Bedrooms | $1,190 |
| 4 Bedrooms | $1,200 |
| 5 Bedrooms | $1,392 |
| 6 Bedrooms | $1,559 |
| 7 Bedrooms | $1,684 |
| 8 Bedrooms | $1,768 |
ZIP code 39324, located within the Wayne County, MS metro area, has a Fair Market Rent (FMR) of $840 for fiscal year 2026. This figure provides insight into the rental affordability and potential demand for subsidized housing units under the Section 8 program.
To determine whether ZIP 39324 is a value pocket, a mid-tier neighborhood, or a premium sub-market within its metro, we must compare it against typical Wayne County, MS ZIP codes. However, specific comparative data on market rent, home values, and renter share percentages for Wayne County ZIPs are not available. Thus, our analysis will be based solely on the FMR of $840 for ZIP 39324.
The lack of market rent and home value data makes it challenging to place ZIP 39324 definitively within the Wayne County hierarchy. Nevertheless, the FMR of $840 can be considered a baseline for affordable housing, which suggests that 39324 could be attractive to landlords seeking to participate in the Section 8 program due to its focus on lower-income tenants.
In the absence of comprehensive data, we cannot confirm if ZIP 39324 exhibits characteristics of a Section 8 sweet spot, such as a high renter share coupled with below-metro average home values. The unknown renter share percentage and home values prevent us from drawing conclusions about the economic dynamics that typically define such areas.
Given the limited data, ZIP 39324 appears to be positioned as a value pocket within the Wayne County metro, primarily because of its affordable FMR. Landlords should consider this ZIP code if they aim to cater to a lower-income demographic and benefit from the stability that comes with the Section 8 program.
Investors and landlords interested in Wayne County's real estate landscape should conduct further research to understand the full economic profile of ZIP 39324 and how it stacks up against other ZIP codes within the same county. This includes investigating local market conditions, tenant demographics, and housing trends that could influence investment decisions.
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.