Housing market/Mississippi/ZIP 39428

ACS 2023 · FY2027 SAFMR

ZIP 39428 Collins, Covington County, Mississippi

Covington 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
8,626
Households
3,418
Median HH income
$45,840
Renter share
23.4%
Median gross rent
$642
Vacancy
16.0%
Pop. change
-18.4%
2BR SAFMR
$940
SAFMR / rent
1.464×
2–49 unit stock
141
LIHTC proj / units
4 / 126
HUD assisted MF
1 / 24

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 39428 · MS — sent to you.

ZIP 39428 · MS

ACS median rent$642
2BR SAFMR$940
90% floor$846
110% ceiling$1,034

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

Housing stock

ACS 2023 units-in-structure · ZCTA 39428

  • 1-unit detached2,58563.5%
  • 1-unit attached601.5%
  • 2–4 units751.8%
  • 5–49 units661.6%
  • 50+ units401.0%
  • Mobile1,24230.5%
TypeUnitsShare
1-unit detached2,58563.5%
1-unit attached601.5%
2 units (duplex)461.1%
3–4 units290.7%
5–9 units521.3%
10–19 units00.0%
20–49 units140.3%
50+ units401.0%
Mobile1,24230.5%

2–4 unit share 1.8% · 5–49 unit share 1.6% · combined 2–49 3.5%.

Units by bedrooms

Studio
56
1BR
126
2BR
783
3BR
2,283
4BR
758
5+
62

Rent burden

Rent ≥30% of income19.3%
Rent ≥50% of income12.5%
  • ACS median gross rent $642 (all bedrooms, occupied rentals).
  • Median contract rent $437.
  • Renters paying ≥30% of income 19.3%; ≥50% 12.5%.
  • FY2027 2BR SAFMR $940 (1.464× ACS median gross rent).

Population

8,626 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -18.4%.

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

Assisted inventory

  • LIHTC: 4 projects, 126 units.
  • HUD project-based assisted MF: 1 properties, 24 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 39428 23.4% of occupied households are renters; vacancy is 16.0%; ACS median gross rent is $642; population changed -18.4% between the 2018 and 2023 ACS vintages; the housing stock includes 75 units in 2–4-unit structures and 66 units in 5–49-unit structures; 4 LIHTC projects totaling 126 units; FY2027 2BR SAFMR is $940 versus ACS median gross rent of $642. 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 39428 is a Census / HUD profile for Covington County, MS. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
39402Covington County, MS41.2%$1,183$1,550

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 39428?

ZIP 39428 (Covington County, MS) has 8,626 residents, 3,418 households, a renter share of 23.4%, median household income of $45,840, and ACS 2023 median gross rent of $642. Vacancy is 16.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 39428?

ACS counts 46 units in 2-unit buildings, 29 in 3–4 unit buildings, 52 in 5–9, 0 in 10–19, and 14 in 20–49. Combined 2–49 unit stock is 141 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 39428?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $940. See the full schedule and 90–110% payment-standard band on the ZIP 39428 — Collins, MS HUD Section 8 Payment Standards / SAFMR.

Does this Mississippi ZIP profile include Georgia listings?

No. ZIP 39428 is Census / HUD research for Covington 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.