Section 8 Fair Market Rent (FMR) for ZIP 39562 - 2027

Location: Pascagoula, MS | Metro: Pascagoula, MS HUD Metro FMR Area

Investment Score for ZIP 39562

D
Monthly Rent (2BR)
$970
Median Price (2BR)
$143,445
1% Rule
0.68%
Annual Yield
8.11%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$840
1 Bedroom$860
2 Bedrooms$970
3 Bedrooms$1,320
4 Bedrooms$1,590
5 Bedrooms$1,844
6 Bedrooms$2,065
7 Bedrooms$2,230
8 Bedrooms$2,342

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
2BR $970 $143,445 0.68% D
3BR $1,320 $209,676 0.63% D
4BR $1,590 $290,854 0.55% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
16,677
Median Household Income
$61,159
Housing Units
7,682
Renter Percentage
15.0%
Occupancy Rate
91.6%
Renter Occupied
1,054

The classification of ZIP 39562, Moss Point, Mississippi, on the axes of yield and stability reveals a mixed market scenario. On the yield axis, the Fair Market Rent (FMR) for the fiscal year 2024 stands at $1030. This is notably higher than the market rent of $897, indicating a potential opportunity for rental properties to command slightly above-average rents. However, the median home value of $201,347 suggests that property investments are not inexpensive, and the gap between FMR and market rent is relatively modest.

Moving to the stability axis, the data paints a less favorable picture. With only 15.0% of residents being renters, the demand for rental units is limited, which could result in higher vacancy rates and increased competition among landlords. The median household income of $61,159 is another factor to consider; it's below the national average, which might affect tenants' ability to pay higher rents consistently. The lack of data on days on market (DOM) further complicates the stability assessment, as it leaves an important indicator of market health unaddressed.

Given these figures, ZIP 39562 does not fit neatly into either a high-yield/low-stability flip-style market or a steady-cashflow zone. Instead, it represents a market where the potential for yield is present but tempered by the lower proportion of renters and the moderate income levels. Landlords and small-portfolio investors should approach this area with caution, considering the limited rental demand and the possibility of financial strain among tenants.

Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.