FMR is below market; voucher rent may lag private rents.
0.83
2 BR
2 BR- 38866
0.77ratio
FMR$960
Market$1,240
vs market-$280
FMR is below market; voucher rent may lag private rents.
0.77
3 BR
3 BR- 38866
0.84ratio
FMR$1,210
Market$1,440
vs market-$230
FMR is below market; voucher rent may lag private rents.
0.84
4 BR
4 BR- 38866
0.78ratio
FMR$1,260
Market$1,610
vs market-$350
FMR is below market; voucher rent may lag private rents.
0.78
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
--
Saltillo, MS fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Saltillo, MS is $960 a month. That is down 7.7% from $1,040 in FY 2026. Saltillo is in the Lee 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 $1,044. The median county two-bedroom FMR in Mississippi is $905, so Saltillo is 6% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Saltillo, MS
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$880
$850
−3.4%
$765–$935
1BR
$880
$850
−3.4%
$765–$935
2BR
$1,040
$960
−7.7%
$864–$1,056
3BR
$1,310
$1,210
−7.6%
$1,089–$1,331
4BR
$1,370
$1,260
−8.0%
$1,134–$1,386
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Saltillo, MS
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$850
$850
$960
$1,210
$1,260
FY 2026
$880
$880
$1,040
$1,310
$1,370
FY 2025
$970
$970
$1,150
$1,450
$1,520
FY 2024area FMR
$853
$859
$1,045
$1,319
$1,486
FY 2023area FMR
$722
$727
$891
$1,134
$1,347
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about Saltillo, MS rents
How much will Section 8 pay for a two-bedroom in Saltillo, MS?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,044, which applies unless the housing authority uses Small Area FMRs, that basic range is $940 to $1,148 a month; under the ZIP-level Small Area FMR of $960 it would be $864 to $1,056. 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 Saltillo, MS in?
Saltillo, MS is in the Lee County, MS non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,044.
How much did fair market rent change in Saltillo, MS for FY 2027?
The two-bedroom FMR fell 7.7%, from $1,040 in FY 2026 to $960 in FY 2027. Since FY 2025 it has fallen 16.5%.
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