HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Mississippi County, Arkansas (FY 2027)
$909 a month. That's HUD's FY 2027 Fair Market Rent for a two-bedroom in Mississippi County, and it's the baseline every voucher in Mississippi is measured against.
Two-bedroom FMR
$909
+3.3% from FY 2026
Payment standard
$818–$1,000
90% to 110% of the FMR, two-bedroom
Income to afford
$36,360
a year, with rent at 30% of income
Rank in Arkansas
58th of 75
by two-bedroom FMR, highest first
FY 2027 Fair Market Rents
Payment standard is the 90% to 110% band a housing authority can set. Income needed puts rent at 30% of gross income, and the hourly wage assumes a 40-hour week.
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2026 |
|---|---|---|---|---|---|
| Studio | $633 | $570–$696 | $25,320 | $12.17/hr | +1.4% |
| 1 bedroom | $695 | $626–$765 | $27,800 | $13.37/hr | +3.6% |
| 2 bedroom | $909 | $818–$1,000 | $36,360 | $17.48/hr | +3.3% |
| 3 bedroom | $1,173 | $1,056–$1,290 | $46,920 | $22.56/hr | +1.0% |
| 4 bedroom | $1,259 | $1,133–$1,385 | $50,360 | $24.21/hr | +8.1% |
Five to eight bedrooms (PropMetrics estimates)
HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $1,448 | $1,303–$1,593 |
| 6 bedroom Estimate | $1,637 | $1,473–$1,801 |
| 7 bedroom Estimate | $1,826 | $1,643–$2,009 |
| 8 bedroom Estimate | $2,014 | $1,813–$2,215 |
Source: HUD Office of Policy Development and Research, FY 2027 Fair Market Rents. Rents include utilities. huduser.gov
Market check
HUD's number is one input. What does a two-bedroom in Mississippi actually rent for?
Search any address in Mississippi for a rent estimate built from nearby comps, with the HUD figure right next to it.
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What a voucher pays here
The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in Mississippi somewhere between $818 and $1,000. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.
$909 a month is affordable, by HUD's 30% rule, on an income of roughly $36,360 a year. Put another way, $17 an hour full time.
Worked example for a two-bedroom renting at the payment standard. The tenant pays 30% of monthly income and the voucher covers the rest.
| Monthly household income | Tenant pays (30%) | Voucher pays at 90%$818 | Voucher pays at 100%$909 | Voucher pays at 110%$1,000 |
|---|---|---|---|---|
| $2,500 | $750 | $68 | $159 | $250 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went up 3% from FY 2026 ($880) to FY 2027 ($909). Since FY 2020 it's up 41% in total, about 5.0% a year. The Arkansas median moved up 3% over the same year.
| Fiscal year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $420 | $490 | $645 | $811 | $874 | — |
| FY 2021 | $466 | $502 | $654 | $836 | $887 | +1.4% |
| FY 2022 | $476 | $505 | $649 | $850 | $880 | -0.8% |
| FY 2023 | $532 | $568 | $720 | $964 | $967 | +10.9% |
| FY 2024 | $598 | $623 | $814 | $1,080 | $1,084 | +13.1% |
| FY 2025 | $619 | $651 | $848 | $1,120 | $1,124 | +4.2% |
| FY 2026 | $624 | $671 | $880 | $1,161 | $1,165 | +3.8% |
| FY 2027In effect | $633 | $695 | $909 | $1,173 | $1,259 | +3.3% |
About this rate
Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2027 that's October 1, 2026 through September 30, 2027. In Mississippi, that runs from $633 for a studio up to $1,259 for four bedrooms, all five rates in the table above.
Because Mississippi sits outside any HUD metro area, its rate is a county-wide figure built from local rents. One number covers every address in the county, Blytheville included.
Among Arkansas's 75 counties, Mississippi ranks 58th for two-bedroom FMR. That's within a couple percent of the state median of $909 and about 14% below the national median county at $1,063. About 39,126 people live here, 18th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $910 in 72310 (Armorel) and $1,020 in 72438 (Leachville), with the 18 ZIP codes in between. Housing authorities in HUD-designated metros use those ZIP rates instead of the county rate. Everywhere else the ZIP numbers show where rents actually sit, and the county rate stays the official standard.
| ZIP | City | 2BR rate | vs county |
|---|---|---|---|
| 72310 | Armorel | $910 | +0.1% |
| 72313 | Bassett | $910 | +0.1% |
| 72315 | Blytheville | $910 | +0.1% |
| 72316 | Blytheville | $910 | +0.1% |
| 72319 | Gosnell | $909County rate | — |
| 72321 | Burdette | $910 | +0.1% |
| 72329 | Driver | $910 | +0.1% |
| 72330 | Dyess | $910 | +0.1% |
| 72338 | Frenchmans Bayou | $1,000 | +10.0% |
| 72350 | Joiner | $910 | +0.1% |
| 72351 | Keiser | $950 | +4.5% |
| 72358 | Luxora | $910 | +0.1% |
| 72370 | Osceola | $960 | +5.6% |
| 72391 | West Ridge | $980 | +7.8% |
| 72395 | Wilson | $1,000 | +10.0% |
| 72426 | Dell | $910 | +0.1% |
| 72428 | Etowah | $920 | +1.2% |
| 72438 | Leachville | $1,020 | +12.2% |
| 72442 | Manila | $940 | +3.4% |
Nearby counties
Two-bedroom FMR, with how each compares to Mississippi.
Craighead County
33 mi · 113,249 people
$1,079
+19%
Poinsett County
33 mi · 22,543 people
$909
same rate
Crittenden County
37 mi · 47,266 people
$1,301
+43%
Greene County
39 mi · 46,432 people
$935
+3%
Clay County
49 mi · 14,280 people
$909
same rate
Cross County
49 mi · 16,543 people
$909
same rate
Lawrence County
63 mi · 16,238 people
$909
same rate
Jackson County
64 mi · 16,712 people
$909
same rate
Questions people ask
$909 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $633 for a studio, $695 for one bedroom, $1,173 for three and $1,259 for four.
Tools for this county
Fair Market Rent lookup
Any ZIP code's Small Area FMR by bedroom count
Section 8 rent calculator
Payment standard and tenant share for a specific rent
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords
Rent affordability calculator
The income a household needs for a given rent
What does a rental in Mississippi actually go for?
HUD's number is one input. Search any address in Mississippi for a rent estimate built from nearby comps. Free to start, no card.
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