MS/Pike County/FERNWOOD
FERNWOOD, MS
CitySAFMR
Pike County
Found 1 ZIP
BRFMR
Eff. Rent
0 BR$840$900
1 BR$850$920
2 BR$990$960
3 BR$1,190$1,030
4 BR$1,420$1,020
5 BR$1,633
6 BR$1,878
7 BR$2,160
8 BR$2,484

Purchase Price Calculator

Maximum purchase price
$80,739

Cost breakdown

+Likely effective rent$960
HUD FMR$990
Market rentUsed$960
Est. payment standard (98%)$970
Market rent is below the inferred standard ($970, 98% of FMR).
-Principal and interest-$408
Loan amount$64,591
Down payment$16,148
Rate6.50%
Term30 years
-Operating costs-$352
Property taxes-$81
Insurance-$175
Utilities$0
HOA$0
Management-$96
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$15,722(97.4% ROI)
Projected value
$86,947
Current value$80,739
Return breakdown
Property appreciation+$6,208
Loan principal paid down+$2,314
Rental cash flow+$7,200
5-year hold
+$26,737(165.6% ROI)
Projected value
$91,349
Current value$80,739
Return breakdown
Property appreciation+$10,610
Loan principal paid down+$4,127
Rental cash flow+$12,000
10-year hold
+$56,447(349.6% ROI)
Projected value
$103,353
Current value$80,739
Return breakdown
Property appreciation+$22,614
Loan principal paid down+$9,833
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio- 39635
0.90ratio
FMR$840
Market$930
vs market-$90

FMR is near market; voucher and private rents are aligned.

90% standard$756 / 0.81 ratio110% standard$924 / 0.99 ratio
0.90
1 BR
1 BR- 39635
0.89ratio
FMR$850
Market$950
vs market-$100

FMR is below market; voucher rent may lag private rents.

90% standard$765 / 0.81 ratio110% standard$935 / 0.98 ratio
0.89
2 BR
2 BR- 39635
1.03ratio
FMR$990
Market$960
vs market+$30

FMR is near market; voucher and private rents are aligned.

90% standard$891 / 0.93 ratio110% standard$1,089 / 1.13 ratio
1.03
3 BR
3 BR- 39635
1.16ratio
FMR$1,190
Market$1,030
vs market+$160

FMR is above market; underwrite to market rent.

90% standard$1,071 / 1.04 ratio110% standard$1,309 / 1.27 ratio
1.16
4 BR
4 BR- 39635
1.39ratio
FMR$1,420
Market$1,020
vs market+$400

FMR is above market; underwrite to market rent.

90% standard$1,278 / 1.25 ratio110% standard$1,562 / 1.53 ratio
1.39
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for FERNWOOD, MS (MS) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

Related ZIPs

FERNWOOD, MS fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for FERNWOOD, MS shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $990 and the 4 bedroom fair market rent is $1,420.

Use this page for searches like FERNWOOD, MS FMR, FERNWOOD, MS fair market rent, and FERNWOOD, MS Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for FERNWOOD, MS
Bedroom sizeHUD FMR
Studio$840
1 bedroom$850
2 bedroom$990
3 bedroom$1,190
4 bedroom$1,420