Mississippi · FIPS 28045 · HUD FY 2027
Hancock County, Mississippi Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Hancock County is $1,185 a month (rent plus utilities), 9% above the Mississippi average of $1,087 and 33% below the U.S. average of $1,761. That is up $45 (3.9%) from FY 2026. At 30% of income, a household needs about $47,400 a year to afford it.
- $1,1852-bedroom FMR+$45 (+3.9%) vs FY 2026
- $9821-bedroom FMRMississippi: $928 · U.S.: $1,478
- $47,400Income for a 2-bedroom$23/hour full-time
- 10 of 822BR rank in Mississippi1 = highest rent
| Unit | Hancock County FY 2027 | FY 2026 | Change | Mississippi avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $844 | $786 | +$58 (+7.4%) | $883 | $1,379 | $33,760 |
| 1 bedroom | $982 | $923 | +$59 (+6.4%) | $928 | $1,478 | $39,280 |
| 2 bedrooms | $1,185 | $1,140 | +$45 (+3.9%) | $1,087 | $1,761 | $47,400 |
| 3 bedrooms | $1,525 | $1,471 | +$54 (+3.7%) | $1,371 | $2,266 | $61,000 |
| 4 bedrooms | $1,723 | $1,612 | +$111 (+6.9%) | $1,518 | $2,607 | $68,920 |
How Hancock County compares
- HUD sets this rent for the Gulfport-Biloxi, MS metro FMR area, which covers 257,058 residents in 2 counties.
- Across Mississippi, 2-bedroom FMRs run from $905 (Yalobusha County) to $1,316 (Forrest County).
- Studio to 4-bedroom: $844, $982, $1,185, $1,525, $1,723. 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 6 ZIP codes mostly in Hancock County (by land area), the 2-bedroom figure ranges from $1,030 to $1,650.
Small Area FMRs by ZIP code in Hancock County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 39520 | $850 | $990 | $1,200 | $1,540 | $1,740 | +$80 (+7.1%) | 1% above |
| 39525 | $1,170 | $1,370 | $1,650 | $2,120 | $2,400 | +$70 (+4.4%) | 39% above |
| 39529 | $800 | $940 | $1,130 | $1,450 | $1,640 | +$40 (+3.7%) | 5% below |
| 39556 | $830 | $960 | $1,160 | $1,490 | $1,690 | −$30 (−2.5%) | 2% below |
| 39572 | $850 | $990 | $1,200 | $1,540 | $1,740 | +$80 (+7.1%) | 1% above |
| 39576 | $730 | $850 | $1,030 | $1,330 | $1,500 | +$20 (+2.0%) | 13% 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.