HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Pearl River County, Mississippi (FY 2027)
$967 a month. That's HUD's FY 2027 Fair Market Rent for a two-bedroom in Pearl River County, and it's the baseline every voucher in Pearl River is measured against.
Two-bedroom FMR
$967
+1.9% from FY 2026
Payment standard
$870–$1,064
90% to 110% of the FMR, two-bedroom
Income to afford
$38,680
a year, with rent at 30% of income
Rank in Mississippi
28th 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 | $789 | $710–$868 | $31,560 | $15.17/hr | -3.9% |
| 1 bedroom | $794 | $715–$873 | $31,760 | $15.27/hr | -7.4% |
| 2 bedroom | $967 | $870–$1,064 | $38,680 | $18.60/hr | +1.9% |
| 3 bedroom | $1,288 | $1,159–$1,417 | $51,520 | $24.77/hr | -2.1% |
| 4 bedroom | $1,346 | $1,211–$1,481 | $53,840 | $25.88/hr | +2.0% |
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 | $1,548 | $1,393–$1,703 |
| 6 bedroom Estimate | $1,750 | $1,575–$1,925 |
| 7 bedroom Estimate | $1,952 | $1,757–$2,147 |
| 8 bedroom Estimate | $2,154 | $1,939–$2,369 |
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 Pearl River actually rent for?
Search any address in Pearl River 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 Pearl River somewhere between $870 and $1,064. 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.
$967 a month is affordable, by HUD's 30% rule, on an income of roughly $38,680 a year. Put another way, $19 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%$870 | Voucher pays at 100%$967 | Voucher pays at 110%$1,064 |
|---|---|---|---|---|
| $2,500 | $750 | $120 | $217 | $314 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went up 2% from FY 2026 ($949) to FY 2027 ($967). Since FY 2020 it's up 26% in total, about 3.3% 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 | $575 | $583 | $768 | $986 | $1,346 | — |
| FY 2021 | $592 | $596 | $786 | $1,004 | $1,361 | +2.3% |
| FY 2022 | $624 | $628 | $826 | $1,071 | $1,414 | +5.1% |
| FY 2023 | $668 | $672 | $885 | $1,198 | $1,507 | +7.1% |
| FY 2024 | $877 | $894 | $1,022 | $1,419 | $1,611 | +15.5% |
| FY 2025 | $912 | $952 | $1,054 | $1,461 | $1,466 | +3.1% |
| FY 2026 | $821 | $857 | $949 | $1,315 | $1,320 | -10.0% |
| FY 2027In effect | $789 | $794 | $967 | $1,288 | $1,346 | +1.9% |
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 Pearl River, that runs from $789 for a studio up to $1,346 for four bedrooms, all five rates in the table above.
Because Pearl River 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, Carriere included.
Among Mississippi's 82 counties, Pearl River ranks 28th for two-bedroom FMR. That's about 7% above the state median of $905 and about 9% below the national median county at $1,063. About 57,458 people live here, 14th in the state.
Rates by ZIP code
HUD also publishes Small Area FMRs by ZIP code. For the 3 ZIP codes it covers in Pearl River, the two-bedroom rate is $1,030 across the board, so there's no ZIP-level story here.
Nearby counties
Two-bedroom FMR, with how each compares to Pearl River.
Hancock County
22 mi · 46,167 people
$1,185
+23%
Stone County
29 mi · 18,894 people
$1,047
+8%
Harrison County
37 mi · 210,891 people
$1,185
+23%
Lamar County
37 mi · 65,713 people
$1,316
+36%
Marion County
41 mi · 24,193 people
$949
-2%
Forrest County
45 mi · 78,272 people
$1,316
+36%
Walthall County
46 mi · 13,839 people
$926
-4%
Perry County
58 mi · 11,449 people
$1,316
+36%
Questions people ask
$967 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $789 for a studio, $794 for one bedroom, $1,288 for three and $1,346 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 Pearl River actually go for?
HUD's number is one input. Search any address in Pearl River for a rent estimate built from nearby comps. Free to start, no card.
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