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MS/Jasper County/Stringer

Stringer, MS

CitySAFMR
Jasper County
Found 1 ZIP

City Median Investment Score

85Below average

095130300
BRFMR
Eff. Rent
0 BR$930$930
1 BR$940$940
2 BR$1,110$1,110
3 BR$1,450$1,450
4 BR$1,460$1,460
5 BR$1,679Not available
6 BR$1,931Not available
7 BR$2,220Not available
8 BR$2,554Not available

Purchase Price Calculator

Maximum purchase price
$103,029

Cost breakdown

+Likely effective rent$1,110
HUD FMRUsed$1,110
Market rentN/A
Est. payment standardN/A
-Principal and interest-$521
Loan amount$82,423
Down payment$20,606
Rate6.50%
Term30 years
-Operating costs-$389
Property taxes-$103
Insurance-$175
Utilities$0
HOA$0
Management-$111
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$18,075(87.7% ROI)
Projected value
$110,951
Return breakdown
Property appreciation+$7,922
Loan principal paid down+$2,953
Rental cash flow+$7,200
5-year hold
+$30,805(149.5% ROI)
Projected value
$116,568
Return breakdown
Property appreciation+$13,539
Loan principal paid down+$5,266
Rental cash flow+$12,000
10-year hold
+$65,405(317.4% ROI)
Projected value
$131,886
Return breakdown
Property appreciation+$28,857
Loan principal paid down+$12,548
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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Stringer, MS fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Stringer, MS is $1,110 a month. That is up 7.8% from $1,030 in FY 2026. Stringer is in the Jasper 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 Stringer is 23% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Stringer, MS
BedroomsFY 2027Change90–110% range
Studio$930+6.9%$837–$1,023
1BR$940+8.0%$846–$1,034
2BR$1,110+7.8%$999–$1,221
3BR$1,450+6.6%$1,305–$1,595
4BR$1,460+7.4%$1,314–$1,606

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Stringer, MS
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$930$940$1,110$1,450$1,460
FY 2026$870$870$1,030$1,360$1,360
FY 2025$770$780$960$1,210$1,300
FY 2024area FMR$738$742$903$1,190$1,203
FY 2023area FMR$608$611$766$997$1,029

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

Questions about Stringer, MS rents

How much will Section 8 pay for a two-bedroom in Stringer, 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 $1,110 it would be $999 to $1,221. 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 Stringer, MS in?

Stringer, MS is in the Jasper 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 Stringer, MS for FY 2027?

The two-bedroom FMR rose 7.8%, from $1,030 in FY 2026 to $1,110 in FY 2027. Since FY 2025 it has risen 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