Location: Gulfport-Biloxi, MS | Metro: Gulfport-Biloxi, MS HUD Metro FMR Area
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 | $800 |
| 1 Bedroom | $940 |
| 2 Bedrooms | $1,130 |
| 3 Bedrooms | $1,450 |
| 4 Bedrooms | $1,640 |
| 5 Bedrooms | $1,902 |
| 6 Bedrooms | $2,130 |
| 7 Bedrooms | $2,300 |
| 8 Bedrooms | $2,415 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,130 | $254,713 | 0.44% | F |
| 3BR | $1,450 | $285,479 | 0.51% | F |
| 4BR | $1,640 | $430,512 | 0.38% | F |
| 5BR | $1,902 | $581,682 | 0.33% | F |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors in ZIP code 39571, located in Pass Christian, MS, reveals a favorable environment for those seeking to engage with HUD voucher tenants. The HUD Fair Market Rent (FMR) for this area is set at $1130 for fiscal year 2024, which is slightly above the market rent of $1,103 as reported by the Census Bureau's American Community Survey (ACS).
This indicates that voucher tenants can generally cashflow at the FMR rate, providing a positive outlook for landlords who are willing to accept Section 8 vouchers. However, the difference between the HUD FMR and the market rent is minimal, suggesting that landlords may only see marginal benefits unless they focus on premium units that command higher rents.
The median home value in ZIP 39571 is $304,013. To derive the rent-to-price ratio, we divide the annual market rent ($13,236) by the median home value. This yields a ratio of approximately 4.35%, indicating that rental income represents a modest portion of the total property value. For comparison, a typical rent-to-price ratio in many markets is around 7-10%. Thus, the lower ratio in this area suggests that the primary investment benefit may not be rental income but rather other factors such as property appreciation or stability.
The data on the median Days on Market (DOM) is not available, nor is the percentage of properties that require price cuts. However, these metrics would be relevant if assessing the broader buy-versus-rent dynamics in the area. Given the limited availability of such data, it's prudent to rely on the robustness of the HUD FMR and market rent figures for decision-making.
The strongest investor angle in ZIP 39571 is likely stability. The consistent alignment between HUD FMR and market rent provides a reliable framework for long-term investment, ensuring steady cash flow without significant fluctuations.
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.