FMR is below market; voucher rent may lag private rents.
0.63
1 BR
1 BR- 39520
0.66ratio
FMR$990
Market$1,500
vs market-$510
FMR is below market; voucher rent may lag private rents.
0.66
2 BR
2 BR- 39520
0.76ratio
FMR$1,200
Market$1,580
vs market-$380
FMR is below market; voucher rent may lag private rents.
0.76
3 BR
3 BR- 39520
1.01ratio
FMR$1,540
Market$1,530
vs market+$10
FMR is near market; voucher and private rents are aligned.
1.01
4 BR
4 BR- 39520
1.16ratio
FMR$1,740
Market$1,500
vs market+$240
FMR is above market; underwrite to market rent.
1.16
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
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Bay Saint Louis, MS fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Bay Saint Louis, MS is $1,200 a month. That is up 7.1% from $1,120 in FY 2026. Bay Saint Louis is in the Gulfport-Biloxi, MS HUD Metro 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 metro-wide two-bedroom FMR of $1,185. The median county two-bedroom FMR in Mississippi is $905, so Bay Saint Louis is 33% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Bay Saint Louis, MS
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$770
$850
+10.4%
$765–$935
1BR
$910
$990
+8.8%
$891–$1,089
2BR
$1,120
$1,200
+7.1%
$1,080–$1,320
3BR
$1,450
$1,540
+6.2%
$1,386–$1,694
4BR
$1,580
$1,740
+10.1%
$1,566–$1,914
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Bay Saint Louis, MS
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$850
$990
$1,200
$1,540
$1,740
FY 2026
$770
$910
$1,120
$1,450
$1,580
FY 2025
$750
$870
$1,090
$1,410
$1,500
FY 2024
$810
$910
$1,130
$1,500
$1,600
FY 2023
$690
$760
$920
$1,250
$1,360
Questions about Bay Saint Louis, MS rents
How much will Section 8 pay for a two-bedroom in Bay Saint Louis, MS?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,185, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,067 to $1,304 a month; under the ZIP-level Small Area FMR of $1,200 it would be $1,080 to $1,320. 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 Bay Saint Louis, MS in?
Bay Saint Louis, MS is in the Gulfport-Biloxi, MS HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,185.
How much did fair market rent change in Bay Saint Louis, MS for FY 2027?
The two-bedroom FMR rose 7.1%, from $1,120 in FY 2026 to $1,200 in FY 2027. Since FY 2023 it has risen 30.4%.
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