Mississippi · FIPS 28081 · HUD FY 2027
Lee County, Mississippi Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Lee County is $1,044 a month (rent plus utilities), 4% below the Mississippi average of $1,087 and 41% below the U.S. average of $1,761. That is up $50 (5.0%) from FY 2026. At 30% of income, a household needs about $41,760 a year to afford it.
- $1,0442-bedroom FMR+$50 (+5.0%) vs FY 2026
- $9241-bedroom FMRMississippi: $928 · U.S.: $1,478
- $41,760Income for a 2-bedroom$20/hour full-time
- 17 of 822BR rank in Mississippi1 = highest rent
| Unit | Lee County FY 2027 | FY 2026 | Change | Mississippi avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $921 | $847 | +$74 (+8.7%) | $883 | $1,379 | $36,840 |
| 1 bedroom | $924 | $852 | +$72 (+8.5%) | $928 | $1,478 | $36,960 |
| 2 bedrooms | $1,044 | $994 | +$50 (+5.0%) | $1,087 | $1,761 | $41,760 |
| 3 bedrooms | $1,319 | $1,257 | +$62 (+4.9%) | $1,371 | $2,266 | $52,760 |
| 4 bedrooms | $1,372 | $1,316 | +$56 (+4.3%) | $1,518 | $2,607 | $54,880 |
How Lee County compares
- Lee 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: $921, $924, $1,044, $1,319, $1,372. 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 8 ZIP codes mostly in Lee County (by land area), the 2-bedroom figure ranges from $930 to $1,090.
Small Area FMRs by ZIP code in Lee County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 38801 | $950 | $970 | $1,090 | $1,380 | $1,450 | +$80 (+7.9%) | 4% above |
| 38804 | $840 | $840 | $950 | $1,200 | $1,340 | −$40 (−4.0%) | 9% below |
| 38849 | $880 | $880 | $1,000 | $1,260 | $1,310 | +$10 (+1.0%) | 4% below |
| 38857 | $820 | $820 | $930 | $1,170 | $1,220 | −$60 (−6.1%) | 11% below |
| 38862 | $880 | $890 | $1,000 | $1,260 | $1,310 | +$10 (+1.0%) | 4% below |
| 38866 | $850 | $850 | $960 | $1,210 | $1,260 | −$80 (−7.7%) | 8% below |
| 38868 | $940 | $960 | $1,080 | $1,370 | $1,450 | +$90 (+9.1%) | 3% above |
| 38879 | $950 | $970 | $1,090 | $1,380 | $1,450 | +$80 (+7.9%) | 4% 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.