Housing market/Mississippi/ZIP 38643
ZIP 38643 Lambert, Tallahatchie County, Mississippi
Tallahatchie County, MS · Mississippi. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.
ZIP brief
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HUD schedule, ACS stock, and the 90–110% band for ZIP 38643 · MS — sent to you.
ZIP 38643 · MS
ACS rent vs 2BR SAFMR
ZIP 38643 — Lambert, MS HUD Section 8 Payment Standards / SAFMR →ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.
Housing stock
ACS 2023 units-in-structure · ZCTA 38643
- 1-unit detached64981.9%
- 1-unit attached30.4%
- 2–4 units465.8%
- 5–49 units8410.6%
- Mobile101.3%
2–4 unit share 5.8% · 5–49 unit share 10.6% · combined 2–49 16.4%.
Units by bedrooms
Rent burden
- ACS median gross rent $604 (all bedrooms, occupied rentals).
- Median contract rent $456.
- Renters paying ≥30% of income 22.0%; ≥50% 0.9%.
- FY2027 2BR SAFMR $930 (1.540× ACS median gross rent).
Population
1,322 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: -36.9%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 2 projects, 83 units.
- HUD project-based assisted MF: 1 properties, 16 assisted units.
- HCV household counts (Picture of Subsidized Households) are not on this page yet.
New apartment permits
About 0 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.
Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.
What the data shows
ZIP 38643 51.7% of occupied households are renters; vacancy is 18.9%; ACS median gross rent is $604; population changed -36.9% between the 2018 and 2023 ACS vintages; the housing stock includes 46 units in 2–4-unit structures and 84 units in 5–49-unit structures; 2 LIHTC projects totaling 83 units; FY2027 2BR SAFMR is $930 versus ACS median gross rent of $604. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.
Mississippi research
ZIP 38643 is a Census / HUD profile for Tallahatchie County, MS. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 38643 — Lambert, MS HUD Section 8 Payment Standards / SAFMR·Mississippi ZIP directory
Nearby ZIPs in this FMR area
Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Mississippi research. Brokerage is Georgia.
FAQ
What is the housing market like in ZIP 38643?
ZIP 38643 (Tallahatchie County, MS) has 1,322 residents, 642 households, a renter share of 51.7%, median household income of $28,362, and ACS 2023 median gross rent of $604. Vacancy is 18.9%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 38643?
ACS counts 0 units in 2-unit buildings, 46 in 3–4 unit buildings, 76 in 5–9, 0 in 10–19, and 8 in 20–49. Combined 2–49 unit stock is 130 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 38643?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $930. See the full schedule and 90–110% payment-standard band on the ZIP 38643 — Lambert, MS HUD Section 8 Payment Standards / SAFMR.
Does this Mississippi ZIP profile include Georgia listings?
No. ZIP 38643 is Census / HUD research for Tallahatchie County, MS. Jeff Crowe CRE does not list Mississippi property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.