Compare Fair Market Rents — FY2026
| Bedroom | Memphis, TN-MS-AR HUD Me... | Covington County, MS HUD... |
|---|---|---|
| Studio | $1,060 | $656 |
| 1-Bedroom | $1,154 | $783 |
| 2-Bedroom | $1,274 | $933 |
| 3-Bedroom | $1,683 | $1,232 |
| 4-Bedroom | $1,959 | $1,237 |
Income Limits & Affordability
| Metric | Memphis, TN-MS-AR HUD Me... | Covington County, MS HUD... |
|---|---|---|
| Area Median Income (4p) | $92,700 | $55,100 |
| 50% AMI Limit (4p) | $46,350 | $32,100 |
| Income needed for 2BR FMR (30% rule) | $50,960 | $37,320 |