Skip to main content
Loading page
Hinds County/Jackson/39213

39213

ZIPSAFMR
Hinds County, MS
Zillow

ZIP Investment Score

129Above average

095130300
BRFMR
Eff. Rent
0 BR$820$900
1 BR$820$890
2 BR$960$980
3 BR$1,140$1,200
4 BR$1,260$1,390
5 BR$1,449Not available
6 BR$1,666Not available
7 BR$1,916Not available
8 BR$2,204Not available

Purchase Price Calculator

Maximum purchase price
$83,711

Cost breakdown

+Likely effective rent$980
HUD FMR$960
Market rent$990
Est. payment standard (102%)Used$980
-Principal and interest-$423
Loan amount$66,969
Down payment$16,742
Rate6.50%
Term30 years
-Operating costs-$357
Property taxes-$84
Insurance-$175
Utilities$0
HOA$0
Management-$98
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$16,036(95.8% ROI)
Projected value
$90,148
Return breakdown
Property appreciation+$6,437
Loan principal paid down+$2,399
Rental cash flow+$7,200
5-year hold
+$27,279(162.9% ROI)
Projected value
$94,711
Return breakdown
Property appreciation+$11,000
Loan principal paid down+$4,279
Rental cash flow+$12,000
10-year hold
+$57,641(344.3% ROI)
Projected value
$107,157
Return breakdown
Property appreciation+$23,446
Loan principal paid down+$10,195
Rental cash flow+$24,000

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

Market Alignment

Studio
0.74
1 BR
0.88
2 BR
0.97
3 BR
0.93
4 BR
0.83
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 39213 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 39213 (Jackson, MS) is $960 a month. That is down 3.0% from $990 in FY 2026. Jackson 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. Among 37 ZIP codes in Hinds County, 39213 is tied for the 33rd-highest two-bedroom rent (county range $910–$1,670). The median county two-bedroom FMR in Mississippi is $905, so ZIP 39213 is 6% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 39213
BedroomsFY 2027Change90–110% range
Studio$820−2.4%$738–$902
1BR$820−2.4%$738–$902
2BR$960−3.0%$864–$1,056
3BR$1,140−4.2%$1,026–$1,254
4BR$1,260−3.8%$1,134–$1,386

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 39213
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$820$820$960$1,140$1,260
FY 2026$840$840$990$1,190$1,310
FY 2025$810$820$960$1,160$1,270
FY 2024$790$790$920$1,110$1,240
FY 2023$710$720$840$1,020$1,160

Two-bedroom rent in nearby Hinds County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 39213
39204$1,090+13.5%
39205$1,240+29.2%
39206$1,290+34.4%
39207$1,240+29.2%
39209$1,170+21.9%
39210$1,110+15.6%
39211$1,480+54.2%
39212$1,320+37.5%
39213Current$960—
39215$1,240+29.2%
39216$1,380+43.8%
39217$9600.0%

Questions about ZIP 39213 rents

How much will Section 8 pay for a two-bedroom in ZIP 39213?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $960, that basic range is $864 to $1,056 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 ZIP 39213 in?

ZIP 39213 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 ZIP 39213 for FY 2027?

The two-bedroom FMR fell 3.0%, from $990 in FY 2026 to $960 in FY 2027. Since FY 2023 it has risen 14.3%.

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

County fair market rentJackson, MS fair market rentMS statewide rentsWhat is SAFMR?Data sources