Location: Newton County, MS | Metro: Jasper County, MS
| Unit Size | Monthly FMR |
|---|---|
| Studio | $760 |
| 1 Bedroom | $770 |
| 2 Bedrooms | $910 |
| 3 Bedrooms | $1,080 |
| 4 Bedrooms | $1,190 |
| 5 Bedrooms | $1,380 |
| 6 Bedrooms | $1,546 |
| 7 Bedrooms | $1,670 |
| 8 Bedrooms | $1,754 |
U.S. Census Bureau data (2024)
The ZIP code 39336 stands out due to its unique mix of demographics and housing economics. With a population of 1,345 residents, only 9.5% of whom rent their homes, this area is predominantly characterized by homeownership. The median income here is $38,750, which is relatively modest compared to the median home value of $134,390, indicating that owning a home might be challenging for many residents.
Turning to the voucher economics, the Fair Market Rent (FMR) for the metro area for fiscal year 2026 is set at $860, while the current market rent, according to the Census ACS, is $734. This suggests that there is potential for landlords to receive higher rents through Section 8 vouchers than they would in the open market. However, the low rental rate indicates that only a small portion of the population is likely to be utilizing these vouchers, making it a niche market.
In terms of stability, the data signature for ZIP 39336 reads as stable. The modest increase in FMR over the market rent, combined with the high median home value, points to an environment where housing costs are well above average income levels but do not suggest significant volatility. Landlords should consider the limited demand for rental properties in this area and the potential benefits of participating in the Section 8 program to attract tenants who might otherwise struggle to afford living here.
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.