Mississippi (24) has the
87th highest rent in the country out of 112 states and territories. The Fair Market Rent in Mississippi
ranges from
$903 for a 2-bedroom apartment in
Adams County, MS
to $1,298 for a 2-bedroom unit in
Memphis, TN-MS-AR HUD Metro FMR Area.
For FY 2024, the Memphis, TN-MS-AR HUD Metro FMR Area (DeSoto County) rent for a studio or efficiency is $1,031 per month and $1,995 per month to rent a house or an apartment with 4 bedrooms.
The average Fair Market Rent for a 2-bedroom home in Mississippi is $943 per month.
Approximately 15% of Americans qualify for some level of housing assistance. The population in
Mississippi is around 2,205,787 people. So, there are around 330,868 people in Mississippi who could be receiving housing benefits from the HUD.
Click on your region in the list below or on the map to see a more detailed break down of rental prices.
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.
Fair Market Rent is the 40th-percentile of typical rentals in a given region.
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