39286

ZIPSAFMR

Hinds County, MS

ZIP Investment Score

095130300

BR	FMR	Eff. Rent	3Y CAGR
0 BR	$1,060	$1,170	3.0%
1 BR	$1,060	$1,170	3.0%
2 BR	$1,240	$1,360	3.1%
3 BR	$1,480	$1,630	2.6%
4 BR	$1,630	$1,790	2.4%
5 BR	$1,874	Not available	2.3%
6 BR	$2,156	Not available	2.4%
7 BR	$2,479	Not available	2.4%
8 BR	$2,851	Not available	2.4%

Purchase Price Calculator

Maximum purchase price

$140,179

Cost breakdown

+Likely effective rent$1,360

HUD FMR$1,240

Market rent$1,700

Est. payment standard (110%)Used$1,360

-Principal and interest-$709

Loan amount$112,143

Down payment$28,036

Rate6.50%

Term30 years

-Operating costs-$451

Property taxes-$140

Insurance-$175

Utilities$0

HOA$0

Management-$136

=Target cash flow+$200

Calculation mode

BedroomsCash-flow target

Down payment methodDown payment %

HOA / mo

Utilities methodUtilities amount

Management methodManagement % of rent

Hold period projections

Annual appreciation rate

3-year hold

+$21,996(78.5% ROI)

Projected value

$150,957

Return breakdown

Property appreciation+$10,778

Loan principal paid down+$4,018

Rental cash flow+$7,200

5-year hold

+$37,586(134.1% ROI)

Projected value

$158,600

Return breakdown

Property appreciation+$18,421

Loan principal paid down+$7,165

Rental cash flow+$12,000

10-year hold

+$80,334(286.5% ROI)

Projected value

$179,441

Return breakdown

Property appreciation+$39,262

Loan principal paid down+$17,073

Rental cash flow+$24,000

Public Housing Authority

Rolodex

Market Alignment

Studio

0.77ratio

FMR$1,060

Market$1,380

vs market-$320

FMR is below market; voucher rent may lag private rents.

0.77

1 BR

0.75ratio

FMR$1,060

Market$1,410

vs market-$350

FMR is below market; voucher rent may lag private rents.

0.75

2 BR

0.73ratio

FMR$1,240

Market$1,700

vs market-$460

FMR is below market; voucher rent may lag private rents.

0.73

3 BR

0.82ratio

FMR$1,480

Market$1,800

vs market-$320

FMR is below market; voucher rent may lag private rents.

0.82

4 BR

0.83ratio

FMR$1,630

Market$1,970

vs market-$340

FMR is below market; voucher rent may lag private rents.

0.83

0.700.800.901.001.101.201.30aligned range

Historical

FY 2023-2027

FMR: FY2027
Market rent: last ~365 days
Property value: --
Tax rate: --
Mortgage rate: --

ZIP 39286 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 39286 (Jackson, MS) is $1,240 a month. That is down 0.8% from $1,250 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, 39286 is tied for the 10th-highest two-bedroom rent (county range $910–$1,670). The median county two-bedroom FMR in Mississippi is $905, so ZIP 39286 is 37% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 39286
Bedrooms	FY 2026	FY 2027	Change	90–110% range
Studio	$1,060	$1,060	0.0%	$954–$1,166
1BR	$1,060	$1,060	0.0%	$954–$1,166
2BR	$1,250	$1,240	−0.8%	$1,116–$1,364
3BR	$1,500	$1,480	−1.3%	$1,332–$1,628
4BR	$1,660	$1,630	−1.8%	$1,467–$1,793

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 39286
Fiscal year	Studio	1BR	2BR	3BR	4BR
FY 2027	$1,060	$1,060	$1,240	$1,480	$1,630
FY 2026	$1,060	$1,060	$1,250	$1,500	$1,660
FY 2025	$1,020	$1,020	$1,200	$1,450	$1,590
FY 2024	$970	$970	$1,130	$1,370	$1,520
FY 2023	$860	$870	$1,020	$1,240	$1,410

Two-bedroom rent in nearby Hinds County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code	2 bedroom	vs. 39286
39217	$960	−22.6%
39225	$1,240	0.0%
39232	$1,670	+34.7%
39236	$1,240	0.0%
39269	$1,240	0.0%
39272	$1,600	+29.0%
39282	$1,240	0.0%
39283	$1,240	0.0%
39284	$1,240	0.0%
39286Current	$1,240	—
39289	$1,240	0.0%
39296	$1,240	0.0%

Questions about ZIP 39286 rents

How much will Section 8 pay for a two-bedroom in ZIP 39286?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,240, that basic range is $1,116 to $1,364 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 39286 in?

ZIP 39286 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 39286 for FY 2027?

The two-bedroom FMR fell 0.8%, from $1,250 in FY 2026 to $1,240 in FY 2027. Since FY 2023 it has risen 21.6%.

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

County fair market rent Jackson, MS fair market rent MS statewide rents What is SAFMR?Data sources