FY2026 Fair Market Rents — Panola County, MS
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$605
1BR
$743
2BR
$878
3BR
$1,121
4BR
$1,455
Hours/week at min wage
94 hrs
to afford the 2BR FMR @ $7.25/hr (federal)
YoY change (2BR)
-8.9%
$86 vs FY2025 · 5-yr +27.1%
Voucher payment standard
$790–$966
PHAs set HCV payment at 90–110% of the 2BR FMR
Panola 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) | $605 | $7,260 |
| 1-Bedroom | $743 | $8,916 |
| 2-Bedroom | $878 | $10,536 |
| 3-Bedroom | $1,121 | $13,452 |
| 4-Bedroom | $1,455 | $17,460 |
Recent 2-Bedroom FMR Trend
FY2020 $664 → FY2026 $878
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $605 | $743 | $878 | $1,121 | $1,455 |
| FY2025 | $661 | $801 | $964 | $1,245 | $1,616 |
| FY2024 | $620 | $752 | $915 | $1,198 | $1,553 |
| FY2023 | $625 | $629 | $788 | $1,038 | $1,342 |
| FY2022 | $587 | $591 | $726 | $929 | $999 |
| FY2021 | $541 | $579 | $691 | $870 | $955 |
| FY2020 | $497 | $568 | $664 | $853 | $899 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $69,100
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $15,960 | $21,640 | $27,320 | $33,000 | $38,680 | $41,800 |
| 50% AMI (Very Low) | $25,200 | $28,800 | $32,400 | $36,000 | $38,900 | $41,800 |
| 80% AMI (Low) | $40,350 | $46,100 | $51,850 | $57,600 | $62,250 | $66,850 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$10,536/yr
FMR as % of Area Median Income
15.2% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$35,120/yr
$2,927/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 | $604 | $691 | $777 | $932 | $1,001 |
| 60% AMI Maximum | $725 | $829 | $932 | $1,119 | $1,202 |
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 | $605 | $743 | $878 | $1,121 | $1,122 |
| Low HOME Rent | $630 | $720 | $810 | $900 | $972 |
Compare Panola 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