Mississippi · FIPS 28043 · HUD FY 2027
Grenada County, Mississippi Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Grenada County is $967 a month (rent plus utilities), 11% below the Mississippi average of $1,087 and 45% below the U.S. average of $1,761. That is up $56 (6.1%) from FY 2026. At 30% of income, a household needs about $38,680 a year to afford it.
- $9672-bedroom FMR+$56 (+6.1%) vs FY 2026
- $7391-bedroom FMRMississippi: $928 · U.S.: $1,478
- $38,680Income for a 2-bedroom$19/hour full-time
- 27 of 822BR rank in Mississippi1 = highest rent
| Unit | Grenada County FY 2027 | FY 2026 | Change | Mississippi avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $734 | $690 | +$44 (+6.4%) | $883 | $1,379 | $29,360 |
| 1 bedroom | $739 | $694 | +$45 (+6.5%) | $928 | $1,478 | $29,560 |
| 2 bedrooms | $967 | $911 | +$56 (+6.1%) | $1,087 | $1,761 | $38,680 |
| 3 bedrooms | $1,152 | $1,092 | +$60 (+5.5%) | $1,371 | $2,266 | $46,080 |
| 4 bedrooms | $1,271 | $1,206 | +$65 (+5.4%) | $1,518 | $2,607 | $50,840 |
How Grenada County compares
- Grenada County is a non-metro county, so HUD sets one Fair Market Rent for the whole county.
- Across Mississippi, 2-bedroom FMRs run from $905 (Yalobusha County) to $1,316 (Forrest County).
- Studio to 4-bedroom: $734, $739, $967, $1,152, $1,271. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
- HUD also publishes ZIP-level Small Area FMRs. For the 3 ZIP codes mostly in Grenada County (by land area), the 2-bedroom figure ranges from $960 to $980.
Small Area FMRs by ZIP code in Grenada County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 38901 | $740 | $740 | $960 | $1,150 | $1,280 | +$40 (+4.3%) | 1% below |
| 38929 | $750 | $750 | $980 | $1,180 | $1,300 | −$10 (−1.0%) | 1% above |
| 38940 | $740 | $750 | $960 | $1,150 | $1,290 | +$60 (+6.7%) | 1% below |
Sources
- U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
- HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).
- ZIP-to-county assignment: Census Bureau 2020 ZCTA-to-county relationship file (file dated December 9, 2021), largest land-area overlap.
Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.