Mississippi (MS)

STATESAFMR

Found 509 ZIPs

State Median Investment Score

107Above average

095130300

BR	Rent	3Y CAGR
0 BR	$630 - $1,650Median: $770	1.5%
1 BR	$692 - $1,780Median: $831	1.3%
2 BR	$905 - $1,950Median: $923	0.1%
3 BR	$1,078 - $2,570Median: $1,210	0.1%
4 BR	$1,189 - $2,970Median: $1,346	-0.4%

Market Alignment

Studio

Studio- 22 ZIPs

0.40-0.63ratio range

Median FMR$844

Median Market$1,535

vs market-$691

FMR is below market; voucher rent may lag private rents.

Studio- 9 ZIPs

0.64-0.68ratio range

Median FMR$890

Median Market$1,330

vs market-$440

FMR is below market; voucher rent may lag private rents.

Studio- 22 ZIPs

0.69-0.73ratio range

Median FMR$941

Median Market$1,355

vs market-$415

FMR is below market; voucher rent may lag private rents.

Studio- 22 ZIPs

0.73-0.77ratio range

Median FMR$1,060

Median Market$1,380

vs market-$320

FMR is below market; voucher rent may lag private rents.

Studio- 6 ZIPs

0.78-0.81ratio range

Median FMR$916

Median Market$1,155

vs market-$240

FMR is below market; voucher rent may lag private rents.

Studio- 10 ZIPs

0.81-0.85ratio range

Median FMR$1,105

Median Market$1,335

vs market-$230

FMR is below market; voucher rent may lag private rents.

Studio- 7 ZIPs

0.87-0.89ratio range

Median FMR$1,060

Median Market$1,200

vs market-$140

FMR is below market; voucher rent may lag private rents.

Studio- 15 ZIPs

0.90-0.94ratio range

Median FMR$877

Median Market$950

vs market-$73

FMR is near market; voucher and private rents are aligned.

Studio- 3 ZIPs

0.96-0.97ratio range

Median FMR$877

Median Market$900

vs market-$23

FMR is near market; voucher and private rents are aligned.

Studio- 1 ZIP

1.00ratio

FMR$874

Market$870

vs market+$4

FMR is near market; voucher and private rents are aligned.

Studio- 1 ZIP

1.04ratio

FMR$1,420

Market$1,370

vs market+$50

FMR is near market; voucher and private rents are aligned.

Studio- 1 ZIP

1.13ratio

FMR$1,350

Market$1,200

vs market+$150

FMR is above market; underwrite to market rent.

Studio- 2 ZIPs

1.19ratio range

Median FMR$1,138

Median Market$955

vs market+$183

FMR is above market; underwrite to market rent.

Studio- 1 ZIP

1.21ratio

FMR$1,019

Market$840

vs market+$179

FMR is above market; underwrite to market rent.

0.40-1.21

1 BR

1 BR- 11 ZIPs

0.47-0.64ratio range

Median FMR$805

Median Market$1,320

vs market-$515

FMR is below market; voucher rent may lag private rents.

1 BR- 7 ZIPs

0.65-0.68ratio range

Median FMR$966

Median Market$1,460

vs market-$494

FMR is below market; voucher rent may lag private rents.

1 BR- 13 ZIPs

0.69-0.73ratio range

Median FMR$966

Median Market$1,360

vs market-$394

FMR is below market; voucher rent may lag private rents.

1 BR- 20 ZIPs

0.73-0.77ratio range

Median FMR$1,060

Median Market$1,410

vs market-$350

FMR is below market; voucher rent may lag private rents.

1 BR- 7 ZIPs

0.78-0.80ratio range

Median FMR$848

Median Market$1,090

vs market-$242

FMR is below market; voucher rent may lag private rents.

1 BR- 13 ZIPs

0.82-0.86ratio range

Median FMR$1,060

Median Market$1,280

vs market-$220

FMR is below market; voucher rent may lag private rents.

1 BR- 9 ZIPs

0.88-0.90ratio range

Median FMR$966

Median Market$1,080

vs market-$114

FMR is below market; voucher rent may lag private rents.

1 BR- 17 ZIPs

0.90-0.94ratio range

Median FMR$982

Median Market$1,070

vs market-$88

FMR is near market; voucher and private rents are aligned.

1 BR- 8 ZIPs

0.95-0.98ratio range

Median FMR$1,081

Median Market$1,110

vs market-$29

FMR is near market; voucher and private rents are aligned.

1 BR- 4 ZIPs

1.00-1.02ratio range

Median FMR$982

Median Market$975

vs market+$7

FMR is near market; voucher and private rents are aligned.

1 BR- 4 ZIPs

1.04-1.05ratio range

Median FMR$1,142

Median Market$1,100

vs market+$42

FMR is near market; voucher and private rents are aligned.

1 BR- 3 ZIPs

1.06-1.10ratio range

Median FMR$1,117

Median Market$1,050

vs market+$67

FMR is near market; voucher and private rents are aligned.

1 BR- 2 ZIPs

1.12-1.13ratio range

Median FMR$979

Median Market$870

vs market+$109

FMR is above market; underwrite to market rent.

1 BR- 2 ZIPs

1.15-1.16ratio range

Median FMR$1,100

Median Market$950

vs market+$150

FMR is above market; underwrite to market rent.

1 BR- 2 ZIPs

1.23ratio range

Median FMR$1,096

Median Market$890

vs market+$206

FMR is above market; underwrite to market rent.

1 BR- 1 ZIP

1.27ratio

FMR$1,370

Market$1,080

vs market+$290

FMR is above market; underwrite to market rent.

0.47-1.27

2 BR

2 BR- 6 ZIPs

0.56-0.63ratio range

Median FMR$987

Median Market$1,650

vs market-$664

FMR is below market; voucher rent may lag private rents.

2 BR- 3 ZIPs

0.68ratio range

Median FMR$1,006

Median Market$1,490

vs market-$484

FMR is below market; voucher rent may lag private rents.

2 BR- 10 ZIPs

0.69-0.73ratio range

Median FMR$996

Median Market$1,380

vs market-$384

FMR is below market; voucher rent may lag private rents.

2 BR- 17 ZIPs

0.73-0.75ratio range

Median FMR$1,240

Median Market$1,700

vs market-$460

FMR is below market; voucher rent may lag private rents.

2 BR- 12 ZIPs

0.78-0.81ratio range

Median FMR$1,143

Median Market$1,435

vs market-$292

FMR is below market; voucher rent may lag private rents.

2 BR- 15 ZIPs

0.81-0.86ratio range

Median FMR$1,099

Median Market$1,340

vs market-$241

FMR is below market; voucher rent may lag private rents.

2 BR- 11 ZIPs

0.86-0.90ratio range

Median FMR$1,170

Median Market$1,310

vs market-$140

FMR is below market; voucher rent may lag private rents.

2 BR- 6 ZIPs

0.90-0.93ratio range

Median FMR$1,105

Median Market$1,190

vs market-$86

FMR is near market; voucher and private rents are aligned.

2 BR- 8 ZIPs

0.95-0.98ratio range

Median FMR$1,080

Median Market$1,125

vs market-$46

FMR is near market; voucher and private rents are aligned.

2 BR- 14 ZIPs

0.98-1.02ratio range

Median FMR$1,185

Median Market$1,200

vs market-$15

FMR is near market; voucher and private rents are aligned.

2 BR- 2 ZIPs

1.03-1.05ratio range

Median FMR$1,075

Median Market$1,030

vs market+$45

FMR is near market; voucher and private rents are aligned.

2 BR- 4 ZIPs

1.07-1.09ratio range

Median FMR$1,098

Median Market$1,010

vs market+$88

FMR is near market; voucher and private rents are aligned.

2 BR- 3 ZIPs

1.10-1.13ratio range

Median FMR$1,316

Median Market$1,180

vs market+$136

FMR is above market; underwrite to market rent.

2 BR- 6 ZIPs

1.16-1.19ratio range

Median FMR$1,190

Median Market$1,010

vs market+$180

FMR is above market; underwrite to market rent.

2 BR- 2 ZIPs

1.21ratio range

Median FMR$1,350

Median Market$1,115

vs market+$235

FMR is above market; underwrite to market rent.

2 BR- 2 ZIPs

1.40-1.44ratio range

Median FMR$1,590

Median Market$1,120

vs market+$470

FMR is above market; underwrite to market rent.

0.56-1.44

3 BR

3 BR- 2 ZIPs

0.45-0.56ratio range

Median FMR$1,348

Median Market$2,675

vs market-$1,328

FMR is below market; voucher rent may lag private rents.

3 BR- 5 ZIPs

0.65-0.68ratio range

Median FMR$1,341

Median Market$2,020

vs market-$679

FMR is below market; voucher rent may lag private rents.

3 BR- 1 ZIP

0.71ratio

FMR$1,078

Market$1,520

vs market-$442

FMR is below market; voucher rent may lag private rents.

3 BR- 3 ZIPs

0.74-0.76ratio range

Median FMR$1,290

Median Market$1,730

vs market-$440

FMR is below market; voucher rent may lag private rents.

3 BR- 3 ZIPs

0.77-0.79ratio range

Median FMR$1,240

Median Market$1,570

vs market-$330

FMR is below market; voucher rent may lag private rents.

3 BR- 18 ZIPs

0.81-0.83ratio range

Median FMR$1,480

Median Market$1,800

vs market-$320

FMR is below market; voucher rent may lag private rents.

3 BR- 14 ZIPs

0.86-0.90ratio range

Median FMR$1,525

Median Market$1,740

vs market-$215

FMR is below market; voucher rent may lag private rents.

3 BR- 12 ZIPs

0.90-0.93ratio range

Median FMR$1,458

Median Market$1,575

vs market-$118

FMR is near market; voucher and private rents are aligned.

3 BR- 13 ZIPs

0.94-0.98ratio range

Median FMR$1,525

Median Market$1,590

vs market-$65

FMR is near market; voucher and private rents are aligned.

3 BR- 9 ZIPs

0.98-1.01ratio range

Median FMR$1,506

Median Market$1,520

vs market-$14

FMR is near market; voucher and private rents are aligned.

3 BR- 10 ZIPs

1.02-1.06ratio range

Median FMR$1,506

Median Market$1,440

vs market+$66

FMR is near market; voucher and private rents are aligned.

3 BR- 9 ZIPs

1.06-1.10ratio range

Median FMR$1,540

Median Market$1,410

vs market+$130

FMR is near market; voucher and private rents are aligned.

3 BR- 9 ZIPs

1.12-1.15ratio range

Median FMR$1,300

Median Market$1,150

vs market+$150

FMR is above market; underwrite to market rent.

3 BR- 5 ZIPs

1.16-1.20ratio range

Median FMR$1,506

Median Market$1,260

vs market+$246

FMR is above market; underwrite to market rent.

3 BR- 2 ZIPs

1.20-1.23ratio range

Median FMR$1,404

Median Market$1,155

vs market+$249

FMR is above market; underwrite to market rent.

3 BR- 2 ZIPs

1.25-1.26ratio range

Median FMR$1,532

Median Market$1,220

vs market+$312

FMR is above market; underwrite to market rent.

3 BR- 1 ZIP

1.31ratio

FMR$2,360

Market$1,800

vs market+$560

FMR is above market; underwrite to market rent.

3 BR- 4 ZIPs

1.38-1.45ratio range

Median FMR$1,895

Median Market$1,340

vs market+$555

FMR is above market; underwrite to market rent.

0.45-1.45

4 BR

4 BR- 8 ZIPs

0.46-0.63ratio range

Median FMR$1,388

Median Market$2,235

vs market-$847

FMR is below market; voucher rent may lag private rents.

4 BR- 1 ZIP

0.66ratio

FMR$1,346

Market$2,040

vs market-$694

FMR is below market; voucher rent may lag private rents.

4 BR- 3 ZIPs

0.69-0.73ratio range

Median FMR$1,332

Median Market$1,900

vs market-$568

FMR is below market; voucher rent may lag private rents.

4 BR- 8 ZIPs

0.73-0.76ratio range

Median FMR$1,372

Median Market$1,860

vs market-$488

FMR is below market; voucher rent may lag private rents.

4 BR- 13 ZIPs

0.78-0.81ratio range

Median FMR$1,559

Median Market$1,970

vs market-$411

FMR is below market; voucher rent may lag private rents.

4 BR- 29 ZIPs

0.82-0.85ratio range

Median FMR$1,630

Median Market$1,970

vs market-$340

FMR is below market; voucher rent may lag private rents.

4 BR- 12 ZIPs

0.86-0.90ratio range

Median FMR$1,723

Median Market$1,950

vs market-$227

FMR is below market; voucher rent may lag private rents.

4 BR- 6 ZIPs

0.90-0.93ratio range

Median FMR$1,727

Median Market$1,875

vs market-$149

FMR is near market; voucher and private rents are aligned.

4 BR- 2 ZIPs

0.95-0.96ratio range

Median FMR$2,001

Median Market$2,090

vs market-$90

FMR is near market; voucher and private rents are aligned.

4 BR- 6 ZIPs

0.98-1.02ratio range

Median FMR$1,741

Median Market$1,740

vs market+$1

FMR is near market; voucher and private rents are aligned.

4 BR- 4 ZIPs

1.02-1.06ratio range

Median FMR$1,715

Median Market$1,645

vs market+$70

FMR is near market; voucher and private rents are aligned.

4 BR- 9 ZIPs

1.07-1.10ratio range

Median FMR$1,759

Median Market$1,650

vs market+$109

FMR is near market; voucher and private rents are aligned.

4 BR- 3 ZIPs

1.13-1.15ratio range

Median FMR$1,723

Median Market$1,500

vs market+$223

FMR is above market; underwrite to market rent.

4 BR- 7 ZIPs

1.16-1.20ratio range

Median FMR$1,459

Median Market$1,220

vs market+$239

FMR is above market; underwrite to market rent.

4 BR- 2 ZIPs

1.21-1.23ratio range

Median FMR$1,700

Median Market$1,395

vs market+$305

FMR is above market; underwrite to market rent.

4 BR- 2 ZIPs

1.34ratio range

Median FMR$1,618

Median Market$1,210

vs market+$408

FMR is above market; underwrite to market rent.

4 BR- 8 ZIPs

1.35-1.75ratio range

Median FMR$1,812

Median Market$1,280

vs market+$532

FMR is above market; underwrite to market rent.

0.46-1.75

0.700.800.901.001.101.201.30aligned range

Bedroom curve

Rankings

Market Explorer

Counties, cities, and ZIPs in Mississippi.

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Trends

Market trends

HUD rent changes, rent against home values, and where it cash-flows.

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Counties

Ranked by Investment Score (vs state median)

27Jefferson Davis County

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Mississippi fair market rent by county, FY 2027

HUD's FY 2027 fair market rents cover 82 counties in Mississippi. The median county two-bedroom FMR is $905. That is up 7.5% from $842 in FY 2026. Two-bedroom FMRs run from $905 in Yalobusha County to $1,316 in Forrest County. 14 HUD metropolitan FMR areas cover 20 of those counties; each county in the same metro area shares one FMR. 84 ZIP codes in 3 metro areas must use Small Area FMRs, so voucher payment standards there are set by ZIP code.

Two-bedroom FMR by county

FY 2027 two-bedroom fair market rent by county in Mississippi
County	2BR	Change	HUD FMR area
Forrest County	$1,316	+25.7%	Hattiesburg, MS MSA
Lamar County	$1,316	+25.7%	Hattiesburg, MS MSA
Perry County	$1,316	+25.7%	Hattiesburg, MS MSA
DeSoto County	$1,301	+2.1%	Memphis, TN-MS-AR HUD Metro FMR Area
Copiah County	$1,289	+0.1%	Jackson, MS HUD Metro FMR Area
Hinds County	$1,289	+0.1%	Jackson, MS HUD Metro FMR Area
Madison County	$1,289	+0.1%	Jackson, MS HUD Metro FMR Area
Rankin County	$1,289	+0.1%	Jackson, MS HUD Metro FMR Area
Lafayette County	$1,255	+1.0%	Non-metro
Hancock County	$1,185	+3.9%	Gulfport-Biloxi, MS HUD Metro FMR Area
Harrison County	$1,185	+3.9%	Gulfport-Biloxi, MS HUD Metro FMR Area
Tunica County	$1,156	−2.5%	Tunica County, MS HUD Metro FMR Area
Marshall County	$1,106	−0.4%	Marshall County, MS HUD Metro FMR Area
Tate County	$1,101	+1.1%	Tate County, MS HUD Metro FMR Area
Jackson County	$1,099	+3.0%	Pascagoula, MS HUD Metro FMR Area
Stone County	$1,047	+8.0%	Stone County, MS HUD Metro FMR Area
Lee County	$1,044	+5.0%	Non-metro
Pike County	$1,039	+5.4%	Non-metro
Scott County	$1,026	+7.8%	Scott County, MS HUD Metro FMR Area
Oktibbeha County	$1,024	+7.0%	Non-metro
Warren County	$1,019	+6.9%	Non-metro
Yazoo County	$1,016	+3.3%	Yazoo County, MS HUD Metro FMR Area
Lauderdale County	$1,006	+11.0%	Non-metro
Leake County	$1,003	+5.0%	Non-metro
George County	$994	+7.9%	Non-metro
Jones County	$986	+7.5%	Non-metro
Grenada County	$967	+6.1%	Non-metro
Pearl River County	$967	+1.9%	Non-metro
Marion County	$949	+10.3%	Non-metro
Panola County	$947	+7.9%	Non-metro
Lowndes County	$931	+6.8%	Non-metro
Walthall County	$926	+0.3%	Non-metro
Pontotoc County	$923	−1.0%	Non-metro
Itawamba County	$920	+3.3%	Non-metro
Adams County	$905	+7.5%	Non-metro
Alcorn County	$905	+7.5%	Non-metro
Amite County	$905	+5.8%	Non-metro
Attala County	$905	+7.5%	Non-metro
Benton County	$905	+7.5%	Benton County, MS HUD Metro FMR Area
Bolivar County	$905	+7.5%	Non-metro
Calhoun County	$905	+7.5%	Non-metro
Carroll County	$905	+7.5%	Non-metro
Chickasaw County	$905	+7.5%	Non-metro
Choctaw County	$905	+7.5%	Non-metro
Claiborne County	$905	+7.5%	Non-metro
Clarke County	$905	+4.4%	Non-metro
Clay County	$905	+7.5%	Non-metro
Coahoma County	$905	+7.5%	Non-metro
Covington County	$905	+7.5%	Non-metro
Franklin County	$905	+7.5%	Non-metro
Greene County	$905	+7.5%	Non-metro
Holmes County	$905	+7.5%	Holmes County, MS HUD Metro FMR Area
Humphreys County	$905	+7.5%	Non-metro
Issaquena County	$905	+7.5%	Non-metro
Jasper County	$905	+7.5%	Non-metro
Jefferson County	$905	+7.5%	Non-metro
Jefferson Davis County	$905	+7.5%	Non-metro
Kemper County	$905	+7.5%	Non-metro
Lawrence County	$905	+4.9%	Non-metro
Leflore County	$905	+7.5%	Non-metro
Lincoln County	$905	+6.2%	Non-metro
Monroe County	$905	+7.5%	Non-metro
Montgomery County	$905	+7.5%	Non-metro
Neshoba County	$905	+7.5%	Non-metro
Newton County	$905	+7.5%	Non-metro
Noxubee County	$905	+7.5%	Non-metro
Prentiss County	$905	+7.5%	Non-metro
Quitman County	$905	+7.5%	Non-metro
Sharkey County	$905	+7.5%	Non-metro
Simpson County	$905	+5.5%	Simpson County, MS HUD Metro FMR Area
Smith County	$905	+7.5%	Non-metro
Sunflower County	$905	+7.5%	Non-metro
Tallahatchie County	$905	+7.5%	Non-metro
Tippah County	$905	+7.5%	Non-metro
Tishomingo County	$905	+7.5%	Non-metro
Union County	$905	+3.8%	Non-metro
Washington County	$905	+7.5%	Non-metro
Wayne County	$905	+7.5%	Non-metro
Webster County	$905	+7.5%	Non-metro
Wilkinson County	$905	+7.5%	Non-metro
Winston County	$905	+7.5%	Non-metro
Yalobusha County	$905	+7.5%	Non-metro

HUD metro FMR areas

FY 2027 two-bedroom fair market rent by HUD metro area in Mississippi
Metro area	Counties	2BR
Hattiesburg, MS MSA	3	$1,316
Memphis, TN-MS-AR HUD Metro FMR Area	1	$1,301
Jackson, MS HUD Metro FMR Area	4	$1,289
Gulfport-Biloxi, MS HUD Metro FMR Area	2	$1,185
Tunica County, MS HUD Metro FMR Area	1	$1,156
Marshall County, MS HUD Metro FMR Area	1	$1,106
Tate County, MS HUD Metro FMR Area	1	$1,101
Pascagoula, MS HUD Metro FMR Area	1	$1,099
Stone County, MS HUD Metro FMR Area	1	$1,047
Scott County, MS HUD Metro FMR Area	1	$1,026
Yazoo County, MS HUD Metro FMR Area	1	$1,016
Benton County, MS HUD Metro FMR Area	1	$905
Holmes County, MS HUD Metro FMR Area	1	$905
Simpson County, MS HUD Metro FMR Area	1	$905

Questions about Mississippi rents

What is the fair market rent in Mississippi?

HUD sets fair market rents by metro area and county, not statewide. For FY 2027 the median county two-bedroom FMR in Mississippi is $905. Look up the county or ZIP code to see the value that applies to a specific property.

Which Mississippi counties have the highest fair market rent?

For FY 2027, the highest two-bedroom FMRs are in Forrest County ($1,316), Lamar County ($1,316), Perry County ($1,316).

Does Mississippi use Small Area Fair Market Rents?

Yes, in part. HUD requires Small Area FMRs in 84 ZIP codes across the Jackson, MS HUD Metro FMR Area, Memphis, TN-MS-AR HUD Metro FMR Area and Holmes County, MS HUD Metro FMR Area. Elsewhere, housing authorities use the metro or county FMR unless they choose to adopt Small Area FMRs.

Source: HUD FY 2027 Fair Market Rents. Change compares each county's two-bedroom FMR with FY 2026.

Mississippi counties Mississippi cities Mississippi ZIP codes What is FMR?

Data source: U.S. Department of Housing and Urban Development (HUD)

Fiscal Year 2027