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MS/Greene County/State Line

State Line, MS

CitySAFMR
Greene County
Found 1 ZIP

City Median Investment Score

134High yield potential

095130300
BRFMR
Eff. Rent
0 BR$980$980
1 BR$1,000$1,000
2 BR$1,140$1,140
3 BR$1,420$1,420
4 BR$1,510$1,510
5 BR$1,736Not available
6 BR$1,997Not available
7 BR$2,297Not available
8 BR$2,641Not available

Purchase Price Calculator

Maximum purchase price
$107,487

Cost breakdown

+Likely effective rent$1,140
HUD FMRUsed$1,140
Market rentN/A
Est. payment standardN/A
-Principal and interest-$544
Loan amount$85,990
Down payment$21,497
Rate6.50%
Term30 years
-Operating costs-$396
Property taxes-$107
Insurance-$175
Utilities$0
HOA$0
Management-$114
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$18,546(86.3% ROI)
Projected value
$115,752
Return breakdown
Property appreciation+$8,265
Loan principal paid down+$3,081
Rental cash flow+$7,200
5-year hold
+$31,619(147.1% ROI)
Projected value
$121,612
Return breakdown
Property appreciation+$14,125
Loan principal paid down+$5,494
Rental cash flow+$12,000
10-year hold
+$67,196(312.6% ROI)
Projected value
$137,592
Return breakdown
Property appreciation+$30,105
Loan principal paid down+$13,091
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
--
Tax rate
--
Mortgage rate
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State Line, MS fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in State Line, MS is $1,140 a month. That is down 9.5% from $1,260 in FY 2026. State Line is in the Greene County, MS non-metropolitan FMR area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the county-wide two-bedroom FMR of $905. The median county two-bedroom FMR in Mississippi is $905, so State Line is 26% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for State Line, MS
BedroomsFY 2027Change90–110% range
Studio$980−9.3%$882–$1,078
1BR$1,000−9.9%$900–$1,100
2BR$1,140−9.5%$1,026–$1,254
3BR$1,420−9.6%$1,278–$1,562
4BR$1,510−9.6%$1,359–$1,661

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for State Line, MS
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$980$1,000$1,140$1,420$1,510
FY 2026$1,080$1,110$1,260$1,570$1,670
FY 2025$1,110$1,120$1,350$1,660$1,800
FY 2024area FMR$700$704$903$1,092$1,219
FY 2023area FMR$578$582$766$932$1,041

Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.

Questions about State Line, MS rents

How much will Section 8 pay for a two-bedroom in State Line, MS?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $905, which applies unless the housing authority uses Small Area FMRs, that basic range is $815 to $996 a month; under the ZIP-level Small Area FMR of $1,140 it would be $1,026 to $1,254. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is State Line, MS in?

State Line, MS is in the Greene County, MS non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $905.

How much did fair market rent change in State Line, MS for FY 2027?

The two-bedroom FMR fell 9.5%, from $1,260 in FY 2026 to $1,140 in FY 2027. Since FY 2025 it has fallen 15.6%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set