Housing market/Mississippi/ZIP 39307

ACS 2023 · FY2027 SAFMR

ZIP 39307 Meridian, Lauderdale County, Mississippi

Lauderdale County, MS · Mississippi. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
15,636
Households
6,120
Median HH income
$27,669
Renter share
47.0%
Median gross rent
$814
Vacancy
16.9%
Pop. change
-8.8%
2BR SAFMR
$910
SAFMR / rent
1.118×
2–49 unit stock
1,867
LIHTC proj / units
5 / 374
HUD assisted MF
2 / 181

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 39307 · MS — sent to you.

ZIP 39307 · MS

ACS median rent$814
2BR SAFMR$910
90% floor$819
110% ceiling$1,001

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 39307

  • 1-unit detached4,37959.7%
  • 1-unit attached410.6%
  • 2–4 units89912.3%
  • 5–49 units96813.2%
  • 50+ units1111.5%
  • Mobile93312.7%
TypeUnitsShare
1-unit detached4,37959.5%
1-unit attached410.6%
2 units (duplex)1852.5%
3–4 units7149.7%
5–9 units5177.0%
10–19 units3294.5%
20–49 units1221.7%
50+ units1111.5%
Mobile93312.7%

2–4 unit share 12.2% · 5–49 unit share 13.1% · combined 2–49 25.4%.

Units by bedrooms

Studio
164
1BR
725
2BR
1,909
3BR
3,966
4BR
557
5+
42

Rent burden

Rent ≥30% of income55.0%
Rent ≥50% of income37.5%
  • ACS median gross rent $814 (all bedrooms, occupied rentals).
  • Median contract rent $555.
  • Renters paying ≥30% of income 55.0%; ≥50% 37.5%.
  • FY2027 2BR SAFMR $910 (1.118× ACS median gross rent).

Population

15,636 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -8.8%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 5 projects, 374 units.
  • HUD project-based assisted MF: 2 properties, 181 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 39307 47.0% of occupied households are renters; vacancy is 16.9%; ACS median gross rent is $814; population changed -8.8% between the 2018 and 2023 ACS vintages; the housing stock includes 899 units in 2–4-unit structures and 968 units in 5–49-unit structures; 5 LIHTC projects totaling 374 units; FY2027 2BR SAFMR is $910 versus ACS median gross rent of $814. 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 39307 is a Census / HUD profile for Lauderdale County, MS. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

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 39307?

ZIP 39307 (Lauderdale County, MS) has 15,636 residents, 6,120 households, a renter share of 47.0%, median household income of $27,669, and ACS 2023 median gross rent of $814. Vacancy is 16.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 39307?

ACS counts 185 units in 2-unit buildings, 714 in 3–4 unit buildings, 517 in 5–9, 329 in 10–19, and 122 in 20–49. Combined 2–49 unit stock is 1,867 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 39307?

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 39307 — Meridian, MS HUD Section 8 Payment Standards / SAFMR.

Does this Mississippi ZIP profile include Georgia listings?

No. ZIP 39307 is Census / HUD research for Lauderdale 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.