Location: Winston County, MS | Metro: Kemper County, MS
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $780 |
| 1 Bedroom | $840 |
| 2 Bedrooms | $940 |
| 3 Bedrooms | $1,230 |
| 4 Bedrooms | $1,250 |
| 5 Bedrooms | $1,450 |
| 6 Bedrooms | $1,624 |
| 7 Bedrooms | $1,754 |
| 8 Bedrooms | $1,842 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,230 | $154,401 | 0.8% | D |
U.S. Census Bureau data (2024)
The ZIP code 39354 stands out due to its unique mix of low rental occupancy and relatively high median income. With only 8.5% of the 1,820 residents renting, this area is predominantly owned by its inhabitants. The median income of $66,758 suggests that the population has a solid financial base, which contrasts with the lower percentage of renters. The median home value is significantly higher at $138,166, indicating a stable and possibly affluent community.
Regarding the voucher economics, the Fair Market Rent (FMR) for the metro area for fiscal year 2026 is set at $1,020. However, specific market rent data for ZIP 39354 is currently unavailable. This lack of precise market rent figures can make it challenging for landlords to assess the true economic viability of accepting Section 8 vouchers. Despite this, the FMR provides a benchmark for rental rates that can be expected under the program.
The data signature for ZIP 39354 reads as stable. The high median home value and decent median income suggest a community that is financially secure and likely resistant to significant fluctuations in housing demand. While the rental market is small, the overall economic stability of the area could provide a reliable environment for landlords and small-portfolio investors who choose to participate in the Section 8 program.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.