Housing market/Mississippi/ZIP 39203
ZIP 39203 Jackson, Mississippi
Jackson, MS HUD Metro FMR Area · 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 39203 · MS — sent to you.
ZIP 39203 · MS
ACS rent vs 2BR SAFMR
ZIP 39203 — Jackson, 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 39203
- 1-unit detached1,63758.3%
- 1-unit attached702.5%
- 2–4 units52918.9%
- 5–49 units46916.7%
- 50+ units612.2%
- Mobile401.4%
2–4 unit share 18.9% · 5–49 unit share 16.7% · combined 2–49 35.6%.
Units by bedrooms
Rent burden
- ACS median gross rent $739 (all bedrooms, occupied rentals).
- Median contract rent $584.
- Renters paying ≥30% of income 53.6%; ≥50% 31.3%.
- FY2027 2BR SAFMR $910 (1.231× ACS median gross rent).
Population
4,803 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: -24.5%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 20 projects, 284 units.
- HUD project-based assisted MF: 2 properties, 44 assisted units.
- HCV household counts (Picture of Subsidized Households) are not on this page yet.
New apartment permits
About 69 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 39203 66.3% of occupied households are renters; vacancy is 32.6%; ACS median gross rent is $739; population changed -24.5% between the 2018 and 2023 ACS vintages; the housing stock includes 529 units in 2–4-unit structures and 469 units in 5–49-unit structures; 20 LIHTC projects totaling 284 units; FY2027 2BR SAFMR is $910 versus ACS median gross rent of $739. 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 39203 is a Census / HUD profile for Jackson, MS. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 39203 — Jackson, 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 39203?
ZIP 39203 (Jackson, MS HUD Metro FMR Area) has 4,803 residents, 1,891 households, a renter share of 66.3%, median household income of $27,116, and ACS 2023 median gross rent of $739. Vacancy is 32.6%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 39203?
ACS counts 182 units in 2-unit buildings, 347 in 3–4 unit buildings, 170 in 5–9, 143 in 10–19, and 156 in 20–49. Combined 2–49 unit stock is 998 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 39203?
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 39203 — Jackson, MS HUD Section 8 Payment Standards / SAFMR.
Does this Mississippi ZIP profile include Georgia listings?
No. ZIP 39203 is Census / HUD research for Jackson, MS HUD Metro FMR Area. 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.