FMR is below market; voucher rent may lag private rents.
0.64
1 BR
1 BR
0.72ratio
FMR$982
Market$1,360
vs market-$378
FMR is below market; voucher rent may lag private rents.
0.72
2 BR
2 BR
0.83ratio
FMR$1,185
Market$1,420
vs market-$235
FMR is below market; voucher rent may lag private rents.
0.83
3 BR
3 BR
1.05ratio
FMR$1,525
Market$1,450
vs market+$75
FMR is near market; voucher and private rents are aligned.
1.05
4 BR
4 BR
1.14ratio
FMR$1,723
Market$1,510
vs market+$213
FMR is above market; underwrite to market rent.
1.14
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
--
ZIP 39558 fair market rent, FY 2027
For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in ZIP 39558 (Lakeshore, MS) is $1,185 a month. That is up 3.9% from $1,140 in FY 2026. Lakeshore is in the Gulfport-Biloxi, MS HUD Metro FMR Area. The median county two-bedroom FMR in Mississippi is $905, so ZIP 39558 is 31% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 39558
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$786
$844
+7.4%
$760–$928
1BR
$923
$982
+6.4%
$884–$1,080
2BR
$1,140
$1,185
+3.9%
$1,067–$1,304
3BR
$1,471
$1,525
+3.7%
$1,373–$1,678
4BR
$1,612
$1,723
+6.9%
$1,551–$1,895
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 39558
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$844
$982
$1,185
$1,525
$1,723
FY 2026
$786
$923
$1,140
$1,471
$1,612
FY 2025
$766
$896
$1,117
$1,446
$1,540
FY 2024
$825
$923
$1,151
$1,525
$1,626
FY 2023
$707
$780
$944
$1,283
$1,395
Questions about ZIP 39558 rents
How much will Section 8 pay for a two-bedroom in ZIP 39558?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,185, that basic range is $1,067 to $1,304 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 39558 in?
ZIP 39558 is in the Gulfport-Biloxi, MS HUD Metro FMR Area. Small Area FMRs are not mandatory in this area.
How much did fair market rent change in ZIP 39558 for FY 2027?
The two-bedroom FMR rose 3.9%, from $1,140 in FY 2026 to $1,185 in FY 2027. Since FY 2023 it has risen 25.5%.
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 Fair Market Rents. 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