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RentData.org Logo Smith County Fair Market Rent FY 2014 Smith County, MS Rental Data

Fair Market Rent Prices in Smith County, MS :
$477 $518 $701 $873 $1,057
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Non-Metro

Fair Market Rent prices in Smith County are average compared to the national average. This FMR area is more expensive than 65% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Smith County is $701 per month.

The previous year, rent for a two-bedroom home was $590 per month. This is a 18.81% increase year-over-year.

This FMR rate applies to Mize, MS, Raleigh, MS and other cities within the region. The Metro Code or CBSA code for this region is NCNTY28129N28129.

Additionally, This Fair Market Rent (FMR) area Smith County, MS spans one county or city in Mississippi which is listed in the table below. Estimated population of Smith County, MS FMR area is 16,491 people based on latest Census data.

Compared to the rest of Mississippi, the Smith County FMR area is more expensive than 80% of the state.

Mississippi 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 Smith County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Smith 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 $ 502
1-BR 1-Bedroom $ 545
2-BR 2-Bedroom $ 737
3-BR 3-Bedroom $ 918
4-BR 4-Bedroom $ 1111
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

There is just one county (listed below) within the Smith County, MS FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Jackson, Ms.

County / Region Est. Population
Smith County, MS 16,491
Zip Codes in Smith County, MS

There are 2 unique zip codes in this Fair Market Rent (FMR) area:

39116 and 39153

Lookup Fair Market Rent by Zip Code

What's Next?

Here are some additional resources you may also be interested in:

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