FMR is near market; voucher and private rents are aligned.
1.00
1 BR
1 BR- 39342
1.05ratio
FMR$1,010
Market$960
vs market+$50
FMR is near market; voucher and private rents are aligned.
1.05
2 BR
2 BR- 39342
1.02ratio
FMR$1,130
Market$1,110
vs market+$20
FMR is near market; voucher and private rents are aligned.
1.02
3 BR
3 BR- 39342
1.10ratio
FMR$1,490
Market$1,350
vs market+$140
FMR is above market; underwrite to market rent.
1.10
4 BR
4 BR- 39342
0.84ratio
FMR$1,500
Market$1,780
vs market-$280
FMR is below market; voucher rent may lag private rents.
0.84
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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Marion, MS fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Marion, MS is $1,130 a month. That is up 9.7% from $1,030 in FY 2026. Marion is in the Lauderdale County, MS non-metropolitan 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 county-wide two-bedroom FMR of $1,006. The median county two-bedroom FMR in Mississippi is $905, so Marion is 25% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Marion, MS
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$890
$980
+10.1%
$882–$1,078
1BR
$920
$1,010
+9.8%
$909–$1,111
2BR
$1,030
$1,130
+9.7%
$1,017–$1,243
3BR
$1,370
$1,490
+8.8%
$1,341–$1,639
4BR
$1,420
$1,500
+5.6%
$1,350–$1,650
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Marion, MS
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$980
$1,010
$1,130
$1,490
$1,500
FY 2026
$890
$920
$1,030
$1,370
$1,420
FY 2025
$960
$980
$1,110
$1,490
$1,570
FY 2024area FMR
$803
$809
$955
$1,255
$1,385
FY 2023area FMR
$649
$667
$811
$1,047
$1,217
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about Marion, MS rents
How much will Section 8 pay for a two-bedroom in Marion, MS?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,006, which applies unless the housing authority uses Small Area FMRs, that basic range is $905 to $1,107 a month; under the ZIP-level Small Area FMR of $1,130 it would be $1,017 to $1,243. 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 Marion, MS in?
Marion, MS is in the Lauderdale County, MS non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,006.
How much did fair market rent change in Marion, MS for FY 2027?
The two-bedroom FMR rose 9.7%, from $1,030 in FY 2026 to $1,130 in FY 2027. Since FY 2025 it has risen 1.8%.
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