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RentData.org Logo Mississippi County Fair Market Rent FY 2022 Mississippi County, AR Rental Data

Fair Market Rent Prices in Mississippi County, AR :
$476 $505 $649 $850 $880
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Non-Metro

Fair Market Rent prices in Mississippi County are very low compared to the national average. This FMR area is less expensive than 100% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Mississippi County is $649 per month.

The previous year, rent for a two-bedroom home was $654 per month. This is a 0.76% decrease year-over-year.

This FMR rate applies to Armorel, AR, Bassett, AR, West Ridge, AR, Burdette, AR, Driver, AR, Frenchmans Bayou, AR, Etowah, AR, Dell, AR, Dyess, AR, Keiser, AR and other cities within the region. The Metro Code or CBSA code for this region is NCNTY05093N05093.

Additionally, This Fair Market Rent (FMR) area Mississippi County, AR spans one county or city in Arkansas which is listed in the table below. Estimated population of Mississippi County, AR FMR area is 43,535 people based on latest Census data.

Compared to the rest of Arkansas, the Mississippi County FMR area is less expensive than 88% of the state.

Arkansas Rents Map

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Mississippi County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Mississippi County

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 499
1-BR 1-Bedroom $ 530
2-BR 2-Bedroom $ 681
3-BR 3-Bedroom $ 892
4-BR 4-Bedroom $ 923
Change Year:

There is just one county (listed below) within the Mississippi County, AR FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Memphis.

County / Region Est. Population
Mississippi County, AR 43,535
Zip Codes in Mississippi County, AR

There are 18 unique zip codes in this Fair Market Rent (FMR) area:

72310, 72313, 72315, 72316, 72321, 72329, 72330, 72338, 72350, 72351, 72354, 72358, 72370, 72391, 72395, 72426, 72428 and 72442

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