FY2026 Fair Market Rents — Lafayette County, MS
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$1,047
1BR
$1,053
2BR
$1,243
3BR
$1,539
4BR
$1,646
Hours/week at min wage
132 hrs
to afford the 2BR FMR @ $7.25/hr (federal)
YoY change (2BR)
-3.9%
$50 vs FY2025 · 5-yr +26.1%
Voucher payment standard
$1,119–$1,367
PHAs set HCV payment at 90–110% of the 2BR FMR
Lafayette County, MS
Non-Metropolitan area · MS · View full history · Income limits · LIHTC rents
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,047 | $12,564 |
| 1-Bedroom | $1,053 | $12,636 |
| 2-Bedroom | $1,243 | $14,916 |
| 3-Bedroom | $1,539 | $18,468 |
| 4-Bedroom | $1,646 | $19,752 |
Recent 2-Bedroom FMR Trend
FY2020 $918 → FY2026 $1,243
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,047 | $1,053 | $1,243 | $1,539 | $1,646 |
| FY2025 | $1,093 | $1,099 | $1,293 | $1,628 | $1,714 |
| FY2024 | $1,050 | $1,065 | $1,258 | $1,521 | $1,675 |
| FY2023 | $781 | $892 | $1,105 | $1,345 | $1,484 |
| FY2022 | $750 | $822 | $1,026 | $1,268 | $1,391 |
| FY2021 | $717 | $781 | $986 | $1,237 | $1,337 |
| FY2020 | $662 | $764 | $918 | $1,252 | $1,302 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $98,100
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $20,650 | $23,600 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI (Very Low) | $34,350 | $39,250 | $44,150 | $49,050 | $53,000 | $56,900 |
| 80% AMI (Low) | $54,950 | $62,800 | $70,650 | $78,500 | $84,800 | $91,100 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$14,916/yr
FMR as % of Area Median Income
15.2% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$49,720/yr
$4,143/mo gross income
FY2026 LIHTC Maximum Rents
Maximum gross rents for Low-Income Housing Tax Credit units, by income band. Full LIHTC details →
| AMI Band | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| 50% AMI Maximum | $858 | $981 | $1,103 | $1,324 | $1,422 |
| 60% AMI Maximum | $1,030 | $1,177 | $1,324 | $1,589 | $1,706 |
FY2026 HOME Program Rent Limits
Maximum rents for HOME Investment Partnerships–funded units. High HOME rents apply to most assisted units; Low HOME rents apply to the lowest-income set-aside units. Full HOME rent details →
| Limit Type | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| High HOME Rent | $1,047 | $1,053 | $1,243 | $1,539 | $1,594 |
| Low HOME Rent | $858 | $981 | $1,103 | $1,226 | $1,325 |
Compare Lafayette County, MS With Other MS Metros
vs. Benton County, MS HUD Metro FMR Area
vs. Covington County, MS HUD Metro FMR Area
vs. Gulfport-Biloxi, MS HUD Metro FMR Area
vs. Hattiesburg, MS MSA
vs. Holmes County, MS HUD Metro FMR Area