Section 8 Fair Market Rent (FMR) for ZIP 39753 - 2027

Location: Lowndes County, MS | Metro: Lowndes County, MS

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$800
1 Bedroom	$800
2 Bedrooms	$930
3 Bedrooms	$1,280
4 Bedrooms	$1,300
5 Bedrooms	$1,508
6 Bedrooms	$1,689
7 Bedrooms	$1,824
8 Bedrooms	$1,915

The ZIP code 39753, located in Mayhew, Mississippi, is characterized by a predominantly rural setting with limited residential addresses but significant PO box usage, indicating its role as a service hub for surrounding areas.

Fair Market Rent (FMR): The Fair Market Rent for a two-bedroom apartment in the ZIP code 39753 is $880, according to the latest data from the Department of Housing and Urban Development (HUD).
Rental Market: While specific rental market data for ZIP code 39753 is not available, nearby ZIP codes suggest a stable rental environment.
Housing Affordability: According to the HometownLocator Census Data, the housing affordability index for Lowndes County, where ZIP code 39753 is situated, indicates that the median income can support a median-priced home.
Housing Ownership: In Lowndes County, approximately 67% of homes are owner-occupied, while the remaining 33% are rented or vacant.
Natural Hazards: With a major risk of flooding and a moderate risk of wildfires, property owners in ZIP code 39753 must consider these factors when assessing potential investment properties.

For landlords and small-portfolio investors, the ZIP code 39753 presents a stable rental market with a fair market rent of $880 for a two-bedroom apartment. Given the high ownership rate and the limited number of residential addresses, there is a strong potential for rental investments. However, investors must also account for the increased risk of natural disasters, particularly flooding, which affects 13% of properties in the area over the next 30 years. These factors provide a balanced view of the investment opportunities and challenges in this ZIP code.

Data Sources: FMR data from HUD (2027).

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.