Mississippi · FIPS 28079 · HUD FY 2027
Leake County, Mississippi Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Leake County is $1,003 a month (rent plus utilities), 8% below the Mississippi average of $1,087 and 43% below the U.S. average of $1,761. That is up $48 (5.0%) from FY 2026. At 30% of income, a household needs about $40,120 a year to afford it.
- $1,0032-bedroom FMR+$48 (+5.0%) vs FY 2026
- $8521-bedroom FMRMississippi: $928 · U.S.: $1,478
- $40,120Income for a 2-bedroom$19/hour full-time
- 24 of 822BR rank in Mississippi1 = highest rent
| Unit | Leake County FY 2027 | FY 2026 | Change | Mississippi avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $843 | $803 | +$40 (+5.0%) | $883 | $1,379 | $33,720 |
| 1 bedroom | $852 | $808 | +$44 (+5.4%) | $928 | $1,478 | $34,080 |
| 2 bedrooms | $1,003 | $955 | +$48 (+5.0%) | $1,087 | $1,761 | $40,120 |
| 3 bedrooms | $1,195 | $1,145 | +$50 (+4.4%) | $1,371 | $2,266 | $47,800 |
| 4 bedrooms | $1,318 | $1,264 | +$54 (+4.3%) | $1,518 | $2,607 | $52,720 |
How Leake County compares
- Leake 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: $843, $852, $1,003, $1,195, $1,318. 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 Leake County (by land area), the 2-bedroom figure ranges from $960 to $1,100.
Small Area FMRs by ZIP code in Leake County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 39051 | $810 | $810 | $960 | $1,140 | $1,260 | +$10 (+1.1%) | 4% below |
| 39094 | $850 | $860 | $1,020 | $1,210 | $1,340 | +$60 (+6.2%) | 2% above |
| 39189 | $920 | $930 | $1,100 | $1,310 | $1,440 | +$160 (+17.0%) | 10% above |
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.