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MS/Rankin County/Whitfield

Whitfield, MS

CitySAFMR
Rankin County
Found 1 ZIP
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City Median Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$1,160$1,280
1 BR$1,170$1,270
2 BR$1,360$1,500
3 BR$1,620$1,780
4 BR$1,790$1,970
5 BR$2,059Not available
6 BR$2,367Not available
7 BR$2,722Not available
8 BR$3,131Not available

Purchase Price Calculator

Maximum purchase price
$160,983

Cost breakdown

+Likely effective rent$1,500
HUD FMR$1,360
Market rent$1,630
Est. payment standard (110%)Used$1,500
-Principal and interest-$814
Loan amount$128,786
Down payment$32,197
Rate6.50%
Term30 years
-Operating costs-$486
Property taxes-$161
Insurance-$175
Utilities$0
HOA$0
Management-$150
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$24,192(75.1% ROI)
Projected value
$173,361
Return breakdown
Property appreciation+$12,378
Loan principal paid down+$4,614
Rental cash flow+$7,200
5-year hold
+$41,383(128.5% ROI)
Projected value
$182,137
Return breakdown
Property appreciation+$21,154
Loan principal paid down+$8,228
Rental cash flow+$12,000
10-year hold
+$88,695(275.5% ROI)
Projected value
$206,072
Return breakdown
Property appreciation+$45,089
Loan principal paid down+$19,606
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.70
1 BR
0.89
2 BR
0.83
3 BR
0.87
4 BR
0.82
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
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Mortgage rate
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Whitfield, MS fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Whitfield, MS is $1,360 a month. That is up 0.7% from $1,350 in FY 2026. Whitfield is in the Jackson, MS HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in Mississippi is $905, so Whitfield is 50% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Whitfield, MS
BedroomsFY 2027Change90–110% range
Studio$1,160+1.8%$1,044–$1,276
1BR$1,170+1.7%$1,053–$1,287
2BR$1,360+0.7%$1,224–$1,496
3BR$1,6200.0%$1,458–$1,782
4BR$1,7900.0%$1,611–$1,969

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Whitfield, MS
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,160$1,170$1,360$1,620$1,790
FY 2026$1,140$1,150$1,350$1,620$1,790
FY 2025$1,080$1,080$1,270$1,530$1,680
FY 2024$1,010$1,010$1,170$1,410$1,580
FY 2023$990$1,000$1,170$1,420$1,620

Questions about Whitfield, MS rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,360, that basic range is $1,224 to $1,496 a month. 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 Whitfield, MS in?

Whitfield, MS is in the Jackson, MS HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

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

The two-bedroom FMR rose 0.7%, from $1,350 in FY 2026 to $1,360 in FY 2027. Since FY 2023 it has risen 16.2%.

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