Section 8 Fair Market Rent (FMR) for ZIP 39752 - 2027

Location: Webster County, MS | Metro: Choctaw County, MS

Investment Score for ZIP 39752

C
Monthly Rent (2BR)
$1,110
Median Price (2BR)
$134,744
1% Rule
0.82%
Annual Yield
9.89%

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$850
1 Bedroom$850
2 Bedrooms$1,110
3 Bedrooms$1,400
4 Bedrooms$1,490
5 Bedrooms$1,728
6 Bedrooms$1,935
7 Bedrooms$2,090
8 Bedrooms$2,195

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
2BR $1,110 $134,744 0.82% C
3BR $1,400 $192,690 0.73% D

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
2,347
Median Household Income
$78,750
Housing Units
1,161
Renter Percentage
21.6%
Occupancy Rate
79.4%
Renter Occupied
199

The ZIP code 39752, located in Mathiston, Mississippi, stands out within Choctaw County due to its unique demographic and economic characteristics. With a population of 2,347 residents, it has a relatively low percentage of renters at 21.6%, indicating that homeownership is prevalent in the area. The median income of $78,750 suggests a middle-class community, while the median home value of $181,204 is notably higher than the state average, reflecting a stable housing market.

When analyzing the Section 8 voucher economics in ZIP 39752, it becomes evident that there is a slight discrepancy between the Fair Market Rent (FMR) and the actual market rent. For fiscal year 2026, the FMR is set at $960, which is slightly above the Census ACS-reported market rent of $907. This indicates that landlords participating in the Section 8 program can expect a modest increase in rental income compared to the local market rate. However, the difference is not substantial enough to attract a large influx of new landlords into the program.

Given the data signature of ZIP 39752, it appears to be a stable area. The high median home value combined with a decent median income suggests that the community is financially secure. Additionally, the low percentage of renters points to a preference for homeownership, which typically indicates long-term stability and a lower turnover rate. While the voucher economics offer a slight advantage over market rates, the overall environment does not suggest significant transitional changes in the near future.

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.