MS/DeSoto County/HORN LAKE
HORN LAKE, MS
CitySAFMR
DeSoto County
Found 1 ZIP
BRFMR
Eff. Rent
0 BR$1,170$1,290
1 BR$1,270$1,270
2 BR$1,400$1,370
3 BR$1,850$1,550
4 BR$2,150$1,620
5 BR$2,473
6 BR$2,843
7 BR$3,270
8 BR$3,760

Purchase Price Calculator

Maximum purchase price
$141,665

Cost breakdown

+Likely effective rent$1,370
HUD FMR$1,400
Market rentUsed$1,370
Est. payment standard (99%)$1,380
Market rent is below the inferred standard ($1,380, 99% of FMR).
-Principal and interest-$716
Loan amount$113,332
Down payment$28,333
Rate6.50%
Term30 years
-Operating costs-$454
Property taxes-$142
Insurance-$175
Utilities$0
HOA$0
Management-$137
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$22,153(78.2% ROI)
Projected value
$152,558
Current value$141,665
Return breakdown
Property appreciation+$10,893
Loan principal paid down+$4,060
Rental cash flow+$7,200
5-year hold
+$37,857(133.6% ROI)
Projected value
$160,281
Current value$141,665
Return breakdown
Property appreciation+$18,616
Loan principal paid down+$7,241
Rental cash flow+$12,000
10-year hold
+$80,932(285.6% ROI)
Projected value
$181,343
Current value$141,665
Return breakdown
Property appreciation+$39,678
Loan principal paid down+$17,254
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- 38637
0.87ratio
FMR$1,170
Market$1,350
vs market-$180

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

90% standard$1,053 / 0.78 ratio110% standard$1,287 / 0.95 ratio
0.87
1 BR
1 BR- 38637
1.00ratio
FMR$1,270
Market$1,270
vs market+$0

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

90% standard$1,143 / 0.90 ratio110% standard$1,397 / 1.10 ratio
1.00
2 BR
2 BR- 38637
1.02ratio
FMR$1,400
Market$1,370
vs market+$30

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

90% standard$1,260 / 0.92 ratio110% standard$1,540 / 1.12 ratio
1.02
3 BR
3 BR- 38637
1.19ratio
FMR$1,850
Market$1,550
vs market+$300

FMR is above market; underwrite to market rent.

90% standard$1,665 / 1.07 ratio110% standard$2,035 / 1.31 ratio
1.19
4 BR
4 BR- 38637
1.33ratio
FMR$2,150
Market$1,620
vs market+$530

FMR is above market; underwrite to market rent.

90% standard$1,935 / 1.19 ratio110% standard$2,365 / 1.46 ratio
1.33
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 HORN LAKE, 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

HORN LAKE, MS fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for HORN LAKE, MS shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,400 and the 4 bedroom fair market rent is $2,150.

Use this page for searches like HORN LAKE, MS FMR, HORN LAKE, MS fair market rent, and HORN LAKE, 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 HORN LAKE, MS
Bedroom sizeHUD FMR
Studio$1,170
1 bedroom$1,270
2 bedroom$1,400
3 bedroom$1,850
4 bedroom$2,150