Housing market/Mississippi/ZIP 38685
ZIP 38685 Waterford, Lafayette County, Mississippi
Lafayette 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 38685 · MS — sent to you.
ZIP 38685 · MS
ACS rent vs 2BR SAFMR
ZIP 38685 — Waterford, 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 38685
- 1-unit detached48181.8%
- Mobile10718.2%
2–4 unit share 0.0% · 5–49 unit share 0.0% · combined 2–49 0.0%.
Units by bedrooms
Rent burden
- Renters paying ≥30% of income 0.0%; ≥50% 0.0%.
Population
983 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: not published for this ZIP.
- HUD project-based assisted MF: not published for this ZIP.
- HCV household counts (Picture of Subsidized Households) are not on this page yet.
New apartment permits
About 28 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 38685 6.7% of occupied households are renters; vacancy is 17.1%; population changed -36.9% between the 2018 and 2023 ACS vintages; the housing stock includes 0 units in 2–4-unit structures and 0 units in 5–49-unit structures. 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 38685 is a Census / HUD profile for Lafayette County, MS. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 38685 — Waterford, 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 38685?
ZIP 38685 (Lafayette County, MS) has 983 residents, 493 households, a renter share of 6.7%, median household income of $45,972, and ACS 2023 median gross rent of —. Vacancy is 17.1%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 38685?
ACS counts 0 units in 2-unit buildings, 0 in 3–4 unit buildings, 0 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is — units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 38685?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,120. See the full schedule and 90–110% payment-standard band on the ZIP 38685 — Waterford, MS HUD Section 8 Payment Standards / SAFMR.
Does this Mississippi ZIP profile include Georgia listings?
No. ZIP 38685 is Census / HUD research for Lafayette 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.