Mississippi · FIPS 28057 · HUD FY 2027
Itawamba County, Mississippi Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Itawamba County is $920 a month (rent plus utilities), 15% below the Mississippi average of $1,087 and 48% below the U.S. average of $1,761. That is up $29 (3.3%) from FY 2026. At 30% of income, a household needs about $36,800 a year to afford it.
- $9202-bedroom FMR+$29 (+3.3%) vs FY 2026
- $8021-bedroom FMRMississippi: $928 · U.S.: $1,478
- $36,800Income for a 2-bedroom$18/hour full-time
- 34 of 822BR rank in Mississippi1 = highest rent
| Unit | Itawamba County FY 2027 | FY 2026 | Change | Mississippi avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $774 | $749 | +$25 (+3.3%) | $883 | $1,379 | $30,960 |
| 1 bedroom | $802 | $753 | +$49 (+6.5%) | $928 | $1,478 | $32,080 |
| 2 bedrooms | $920 | $891 | +$29 (+3.3%) | $1,087 | $1,761 | $36,800 |
| 3 bedrooms | $1,119 | $1,068 | +$51 (+4.8%) | $1,371 | $2,266 | $44,760 |
| 4 bedrooms | $1,209 | $1,180 | +$29 (+2.5%) | $1,518 | $2,607 | $48,360 |
How Itawamba County compares
- Itawamba 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: $774, $802, $920, $1,119, $1,209. 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 Itawamba County (by land area), the 2-bedroom figure ranges from $910 to $1,150.
Small Area FMRs by ZIP code in Itawamba County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 38843 | $770 | $800 | $920 | $1,140 | $1,210 | −$70 (−7.1%) | same |
| 38847 | $910 | $930 | $1,120 | $1,380 | $1,480 | −$120 (−9.7%) | 22% above |
| 38855 | $770 | $790 | $910 | $1,140 | $1,200 | −$80 (−8.1%) | 1% below |
| 38856 | $910 | $920 | $1,150 | $1,380 | $1,520 | −$120 (−9.4%) | 25% above |
| 38858 | $840 | $850 | $970 | $1,200 | $1,280 | −$20 (−2.0%) | 5% above |
| 38876 | $760 | $790 | $910 | $1,100 | $1,190 | +$70 (+8.3%) | 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.