FMR is near market; voucher and private rents are aligned.
0.94
1 BR
1 BR- 39046
0.93ratio
FMR$910
Market$980
vs market-$70
FMR is near market; voucher and private rents are aligned.
0.93
2 BR
2 BR- 39046
0.95ratio
FMR$1,060
Market$1,110
vs market-$50
FMR is near market; voucher and private rents are aligned.
0.95
3 BR
3 BR- 39046
1.06ratio
FMR$1,260
Market$1,190
vs market+$70
FMR is near market; voucher and private rents are aligned.
1.06
4 BR
4 BR- 39046
1.08ratio
FMR$1,390
Market$1,290
vs market+$100
FMR is near market; voucher and private rents are aligned.
1.08
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
--
Canton, MS fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Canton, MS is $1,060 a month. That is down 1.9% from $1,080 in FY 2026. Canton 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 Canton is 17% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Canton, MS
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$910
$900
−1.1%
$810–$990
1BR
$920
$910
−1.1%
$819–$1,001
2BR
$1,080
$1,060
−1.9%
$954–$1,166
3BR
$1,290
$1,260
−2.3%
$1,134–$1,386
4BR
$1,430
$1,390
−2.8%
$1,251–$1,529
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Canton, MS
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$900
$910
$1,060
$1,260
$1,390
FY 2026
$910
$920
$1,080
$1,290
$1,430
FY 2025
$870
$880
$1,030
$1,240
$1,370
FY 2024
$860
$860
$1,000
$1,210
$1,350
FY 2023
$780
$790
$920
$1,120
$1,270
Questions about Canton, MS rents
How much will Section 8 pay for a two-bedroom in Canton, MS?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,060, that basic range is $954 to $1,166 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 Canton, MS in?
Canton, 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 Canton, MS for FY 2027?
The two-bedroom FMR fell 1.9%, from $1,080 in FY 2026 to $1,060 in FY 2027. Since FY 2023 it has risen 15.2%.
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