Section 8 Fair Market Rent (FMR) for ZIP 39836 - 2027

Location: Randolph County, GA | Metro: Clay County, GA

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$800
1 Bedroom	$810
2 Bedrooms	$1,030
3 Bedrooms	$1,270
4 Bedrooms	$1,490
5 Bedrooms	$1,728
6 Bedrooms	$1,935
7 Bedrooms	$2,090
8 Bedrooms	$2,195

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

368

Median Household Income

$N/A

Housing Units

359

Renter Percentage

4.1%

Occupancy Rate

47.1%

Renter Occupied

ZIP code 39836, located in Mississippi, offers a unique opportunity for real-estate investors interested in the Section 8 housing market. The area presents a mix of challenges and opportunities that can be navigated with careful consideration of the local rental and housing market dynamics.

The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,010.
The median home value in the region stands at $178,209, indicating a relatively affordable market for property acquisition.
Renters make up only 4.1% of the population, suggesting a smaller pool of potential Section 8 tenants compared to other areas.
The median income figure is currently unavailable, which means we cannot assess the economic status of the residents directly. This could impact the number of eligible Section 8 applicants.
The days on market (DOM) data is also not available, making it difficult to gauge how quickly properties are selling or renting in this area.

Investors looking to enter the Section 8 market in ZIP 39836 should be aware of the limited renter share and the absence of key economic indicators such as median income. Despite these uncertainties, the affordable median home values and the defined FMR provide a stable basis for investment. However, due diligence in understanding the local demand for subsidized housing will be crucial in determining the viability of Section 8 investments in this area.

Data Sources: FMR data from HUD (2027). 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.