HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Bolivar County, Mississippi (FY 2027)
HUD's FY 2027 Fair Market Rent for a two-bedroom in Bolivar County is $905 a month. That's the number the housing authority starts from when it sets Section 8 payment standards here.
Two-bedroom FMR
$905
+7.5% from FY 2026
Payment standard
$815–$996
90% to 110% of the FMR, two-bedroom
Income to afford
$36,200
a year, with rent at 30% of income
Rank in Mississippi
40th of 82
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 | $687 | $618–$756 | $27,480 | $13.21/hr | +7.7% |
| 1 bedroom | $692 | $623–$761 | $27,680 | $13.31/hr | +7.8% |
| 2 bedroom | $905 | $815–$996 | $36,200 | $17.40/hr | +7.5% |
| 3 bedroom | $1,185 | $1,067–$1,304 | $47,400 | $22.79/hr | +8.1% |
| 4 bedroom | $1,189 | $1,070–$1,308 | $47,560 | $22.87/hr | +6.6% |
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 | $1,367 | $1,230–$1,504 |
| 6 bedroom Estimate | $1,546 | $1,391–$1,701 |
| 7 bedroom Estimate | $1,724 | $1,552–$1,896 |
| 8 bedroom Estimate | $1,902 | $1,712–$2,092 |
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 Bolivar actually rent for?
Search any address in Bolivar 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 Bolivar somewhere between $815 and $996. 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.
$905 a month is affordable, by HUD's 30% rule, on an income of roughly $36,200 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%$815 | Voucher pays at 100%$905 | Voucher pays at 110%$996 |
|---|---|---|---|---|
| $2,500 | $750 | $65 | $155 | $246 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went up 7% from FY 2026 ($842) to FY 2027 ($905). Since FY 2020 it's up 38% in total, about 4.7% a year. The Mississippi median moved up 7% over the same year.
| Fiscal year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $493 | $507 | $658 | $820 | $891 | — |
| FY 2021 | $531 | $535 | $705 | $877 | $956 | +7.1% |
| FY 2022 | $532 | $536 | $705 | $871 | $956 | 0.0% |
| FY 2023 | $585 | $589 | $775 | $943 | $1,041 | +9.9% |
| FY 2024 | $683 | $687 | $903 | $1,120 | $1,203 | +16.5% |
| FY 2025 | $707 | $711 | $933 | $1,176 | $1,237 | +3.3% |
| FY 2026 | $638 | $642 | $842 | $1,096 | $1,115 | -9.8% |
| FY 2027In effect | $687 | $692 | $905 | $1,185 | $1,189 | +7.5% |
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 Bolivar, that runs from $687 for a studio up to $1,189 for four bedrooms, all five rates in the table above.
Because Bolivar 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, Cleveland included.
Among Mississippi's 82 counties, Bolivar ranks 40th for two-bedroom FMR. That's within a couple percent of the state median of $905 and about 15% below the national median county at $1,063. About 29,534 people live here, 26th 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 38746 (Gunnison) and $1,120 in 38730 (Boyle), with the 16 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 |
|---|---|---|---|
| 38720 | Alligator | $930 | +2.8% |
| 38725 | Benoit | $960 | +6.1% |
| 38726 | Beulah | $970 | +7.2% |
| 38730 | Boyle | $1,120 | +23.8% |
| 38732 | Cleveland | $960 | +6.1% |
| 38733 | Cleveland | $960 | +6.1% |
| 38740 | Duncan | $920 | +1.7% |
| 38746 | Gunnison | $910 | +0.6% |
| 38759 | Merigold | $930 | +2.8% |
| 38762 | Mound Bayou | $910 | +0.6% |
| 38764 | Pace | $910 | +0.6% |
| 38769 | Rosedale | $910 | +0.6% |
| 38772 | Scott | $1,030 | +13.8% |
| 38773 | Shaw | $910 | +0.6% |
| 38774 | Shelby | $910 | +0.6% |
| 38781 | Winstonville | $910 | +0.6% |
Nearby counties
Two-bedroom FMR, with how each compares to Bolivar.
Sunflower County
20 mi · 24,333 people
$905
same rate
Coahoma County
34 mi · 20,540 people
$905
same rate
Washington County
36 mi · 42,765 people
$905
same rate
Leflore County
37 mi · 27,141 people
$905
same rate
Tallahatchie County
37 mi · 11,764 people
$905
same rate
Quitman County
44 mi · 5,774 people
$905
same rate
Humphreys County
52 mi · 7,395 people
$905
same rate
Carroll County
57 mi · 9,686 people
$905
same rate
Questions people ask
$905 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $687 for a studio, $692 for one bedroom, $1,185 for three and $1,189 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 Bolivar actually go for?
HUD's number is one input. Search any address in Bolivar for a rent estimate built from nearby comps. Free to start, no card.
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