Location: Lauderdale County, MS | Metro: Kemper County, MS
| Unit Size | Monthly FMR |
|---|---|
| Studio | $800 |
| 1 Bedroom | $810 |
| 2 Bedrooms | $940 |
| 3 Bedrooms | $1,230 |
| 4 Bedrooms | $1,240 |
| 5 Bedrooms | $1,438 |
| 6 Bedrooms | $1,611 |
| 7 Bedrooms | $1,740 |
| 8 Bedrooms | $1,827 |
U.S. Census Bureau data (2024)
The ZIP code 39326 is not a renter-heavy area. With a population of 260 and 0.0% of residents being renters, it is clear that this region is dominated by homeowners rather than tenants. The median household income in this ZIP is $58,789, which suggests a relatively modest economic environment.
Unfortunately, there is no specific data on market rent for this ZIP code, making it impossible to calculate the exact percentage of income that goes towards rent. However, we can use the Fair Market Rent (FMR) as a benchmark. For the fiscal year 2026, the FMR in the metro area is set at $900. This figure represents the average rent a landlord could expect to receive from a Section 8 tenant in this region.
To put the FMR into perspective with the local income, a household earning the median income would spend approximately 1.5% of their monthly income on rent if they were to pay the FMR. This calculation is based on an annual income of $58,789, which translates to a monthly income of about $4,899. At $900 per month for rent, the cost of housing would be a very manageable portion of the average resident's budget.
A landlord in ZIP 39326 should expect to attract tenants who are likely to be financially stable enough to meet the requirements for Section 8 vouchers. These tenants will have their rent subsidized up to the FMR, ensuring that they can afford the rental costs without it being an overwhelming burden on their finances. Given the low number of renters in the area, any rental property would need to be marketed effectively to reach potential tenants, possibly appealing to those who are attracted by the area's characteristics despite the limited demand for rental housing.
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.