SHANNON, MS
CitySAFMR
Chickasaw County
Found 1 ZIP
BRFMR
Eff. Rent
0 BR$830$760
1 BR$840$760
2 BR$990$780
3 BR$1,250$850
4 BR$1,420$880
5 BR$1,633
6 BR$1,878
7 BR$2,160
8 BR$2,484

Purchase Price Calculator

Maximum purchase price
$53,991

Cost breakdown

+Likely effective rent$780
HUD FMR$990
Market rentUsed$780
Est. payment standard (90%)$890
Market rent is below the inferred standard ($890, 90% of FMR).
-Principal and interest-$273
Loan amount$43,193
Down payment$10,798
Rate6.50%
Term30 years
-Operating costs-$307
Property taxes-$54
Insurance-$175
Utilities$0
HOA$0
Management-$78
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$12,899(119.5% ROI)
Projected value
$58,143
Current value$53,991
Return breakdown
Property appreciation+$4,151
Loan principal paid down+$1,547
Rental cash flow+$7,200
5-year hold
+$21,854(202.4% ROI)
Projected value
$61,086
Current value$53,991
Return breakdown
Property appreciation+$7,095
Loan principal paid down+$2,760
Rental cash flow+$12,000
10-year hold
+$45,698(423.2% ROI)
Projected value
$69,113
Current value$53,991
Return breakdown
Property appreciation+$15,122
Loan principal paid down+$6,576
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- 38868
1.09ratio
FMR$830
Market$760
vs market+$70

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

90% standard$747 / 0.98 ratio110% standard$913 / 1.20 ratio
1.09
1 BR
1 BR- 38868
1.11ratio
FMR$840
Market$760
vs market+$80

FMR is above market; underwrite to market rent.

90% standard$756 / 0.99 ratio110% standard$924 / 1.22 ratio
1.11
2 BR
2 BR- 38868
1.27ratio
FMR$990
Market$780
vs market+$210

FMR is above market; underwrite to market rent.

90% standard$891 / 1.14 ratio110% standard$1,089 / 1.40 ratio
1.27
3 BR
3 BR- 38868
1.47ratio
FMR$1,250
Market$850
vs market+$400

FMR is above market; underwrite to market rent.

90% standard$1,125 / 1.32 ratio110% standard$1,375 / 1.62 ratio
1.47
4 BR
4 BR- 38868
1.61ratio
FMR$1,420
Market$880
vs market+$540

FMR is above market; underwrite to market rent.

1.61
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents for larger unit sizes.

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 SHANNON, 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

SHANNON, MS fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for SHANNON, 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 SHANNON, MS FMR, SHANNON, MS fair market rent, and SHANNON, 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 SHANNON, MS
Bedroom sizeHUD FMR
Studio$830
1 bedroom$840
2 bedroom$990
3 bedroom$1,250
4 bedroom$1,420