FMR is below market; voucher rent may lag private rents.
0.42
1 BR
1 BR- 38673
0.47ratio
FMR$1,020
Market$2,170
vs market-$1,150
FMR is below market; voucher rent may lag private rents.
0.47
2 BR
2 BR- 38673
0.59ratio
FMR$1,260
Market$2,130
vs market-$870
FMR is below market; voucher rent may lag private rents.
0.59
3 BR
3 BR- 38673
0.66ratio
FMR$1,510
Market$2,300
vs market-$790
FMR is below market; voucher rent may lag private rents.
0.66
4 BR
4 BR- 38673
0.58ratio
FMR$1,660
Market$2,840
vs market-$1,180
FMR is below market; voucher rent may lag private rents.
0.58
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
--
Taylor, MS fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Taylor, MS is $1,260 a month. That is unchanged from FY 2026. Taylor is in the Lafayette 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 $1,255. The median county two-bedroom FMR in Mississippi is $905, so Taylor is 39% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Taylor, MS
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,060
$1,010
−4.7%
$909–$1,111
1BR
$1,070
$1,020
−4.7%
$918–$1,122
2BR
$1,260
$1,260
0.0%
$1,134–$1,386
3BR
$1,560
$1,510
−3.2%
$1,359–$1,661
4BR
$1,670
$1,660
−0.6%
$1,494–$1,826
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Taylor, MS
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,010
$1,020
$1,260
$1,510
$1,660
FY 2026
$1,060
$1,070
$1,260
$1,560
$1,670
FY 2025
$950
$960
$1,140
$1,370
$1,510
FY 2024area FMR
$1,050
$1,065
$1,258
$1,521
$1,675
FY 2023area FMR
$781
$892
$1,105
$1,345
$1,484
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about Taylor, MS rents
How much will Section 8 pay for a two-bedroom in Taylor, MS?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,255, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,130 to $1,381 a month; under the ZIP-level Small Area FMR of $1,260 it would be $1,134 to $1,386. 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 Taylor, MS in?
Taylor, MS is in the Lafayette County, MS non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,255.
How much did fair market rent change in Taylor, MS for FY 2027?
The two-bedroom FMR was unchanged at $1,260 in FY 2027. Since FY 2025 it has risen 10.5%.
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