Housing market/Mississippi/ZIP 38824
ZIP 38824 Baldwyn, Union County, Mississippi
Union 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 38824 · MS — sent to you.
ZIP 38824 · MS
ACS rent vs 2BR SAFMR
ZIP 38824 — Baldwyn, 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 38824
- 1-unit detached2,56670.5%
- 1-unit attached150.4%
- 2–4 units1062.9%
- 5–49 units290.8%
- 50+ units361.0%
- Mobile89024.4%
2–4 unit share 2.9% · 5–49 unit share 0.8% · combined 2–49 3.7%.
Units by bedrooms
Rent burden
- ACS median gross rent $598 (all bedrooms, occupied rentals).
- Median contract rent $442.
- Renters paying ≥30% of income 42.0%; ≥50% 20.5%.
- FY2027 2BR SAFMR $910 (1.522× ACS median gross rent).
Population
7,900 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: +6.7%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 2 projects, 48 units.
- HUD project-based assisted MF: 2 properties, 46 assisted units.
- HCV household counts (Picture of Subsidized Households) are not on this page yet.
New apartment permits
About 2 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 38824 18.6% of occupied households are renters; vacancy is 17.5%; ACS median gross rent is $598; population increased +6.7% between the 2018 and 2023 ACS vintages; the housing stock includes 106 units in 2–4-unit structures and 29 units in 5–49-unit structures; 2 LIHTC projects totaling 48 units; FY2027 2BR SAFMR is $910 versus ACS median gross rent of $598. 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 38824 is a Census / HUD profile for Union County, MS. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 38824 — Baldwyn, 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 38824?
ZIP 38824 (Union County, MS) has 7,900 residents, 3,003 households, a renter share of 18.6%, median household income of $46,753, and ACS 2023 median gross rent of $598. Vacancy is 17.5%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 38824?
ACS counts 35 units in 2-unit buildings, 71 in 3–4 unit buildings, 12 in 5–9, 0 in 10–19, and 17 in 20–49. Combined 2–49 unit stock is 135 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 38824?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $910. See the full schedule and 90–110% payment-standard band on the ZIP 38824 — Baldwyn, MS HUD Section 8 Payment Standards / SAFMR.
Does this Mississippi ZIP profile include Georgia listings?
No. ZIP 38824 is Census / HUD research for Union 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.