FMR is below market; voucher rent may lag private rents.
0.77
1 BR
1 BR
0.75ratio
FMR$1,060
Market$1,410
vs market-$350
FMR is below market; voucher rent may lag private rents.
0.75
2 BR
2 BR
0.73ratio
FMR$1,240
Market$1,700
vs market-$460
FMR is below market; voucher rent may lag private rents.
0.73
3 BR
3 BR
0.82ratio
FMR$1,480
Market$1,800
vs market-$320
FMR is below market; voucher rent may lag private rents.
0.82
4 BR
4 BR
0.83ratio
FMR$1,630
Market$1,970
vs market-$340
FMR is below market; voucher rent may lag private rents.
0.83
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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ZIP 39282 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 39282 (Jackson, MS) is $1,240 a month. That is down 0.8% from $1,250 in FY 2026. Jackson 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. Among 37 ZIP codes in Hinds County, 39282 is tied for the 10th-highest two-bedroom rent (county range $910–$1,670). The median county two-bedroom FMR in Mississippi is $905, so ZIP 39282 is 37% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 39282
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,060
$1,060
0.0%
$954–$1,166
1BR
$1,060
$1,060
0.0%
$954–$1,166
2BR
$1,250
$1,240
−0.8%
$1,116–$1,364
3BR
$1,500
$1,480
−1.3%
$1,332–$1,628
4BR
$1,660
$1,630
−1.8%
$1,467–$1,793
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 39282
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,060
$1,060
$1,240
$1,480
$1,630
FY 2026
$1,060
$1,060
$1,250
$1,500
$1,660
FY 2025
$1,020
$1,020
$1,200
$1,450
$1,590
FY 2024area FMR
$996
$997
$1,159
$1,401
$1,564
FY 2023area FMR
$895
$908
$1,059
$1,289
$1,463
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
How much will Section 8 pay for a two-bedroom in ZIP 39282?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,240, that basic range is $1,116 to $1,364 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 ZIP 39282 in?
ZIP 39282 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 ZIP 39282 for FY 2027?
The two-bedroom FMR fell 0.8%, from $1,250 in FY 2026 to $1,240 in FY 2027. Since FY 2025 it has risen 3.3%.
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