FY2026 Fair Market Rents — Carroll County
Studio
$708
1BR
$713
2BR
$842
3BR
$1,049
4BR
$1,118
Carroll County, Mississippi
FIPS 28015 · County-level FMR and income limit data
FMR Area: Carroll County, MS
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $708 | $8,496 |
| 1-Bedroom | $713 | $8,556 |
| 2-Bedroom | $842 | $10,104 |
| 3-Bedroom | $1,049 | $12,588 |
| 4-Bedroom | $1,118 | $13,416 |
To afford the FY2026 2-bedroom FMR of $842/mo under the 30%-of-income rule, a household needs about
$33,680/yr ($2,807/mo). Area Median Income is $81,400.
At MS's federal minimum wage of $7.25/hr, a worker would need to work 90 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $708 | $713 | $842 | $1,049 | $1,118 |
| FY2025 | $707 | $711 | $933 | $1,165 | $1,242 |
| FY2024 | $721 | $725 | $903 | $1,131 | $1,219 |
| FY2023 | $618 | $622 | $766 | $932 | $1,041 |
| FY2022 | $576 | $587 | $705 | $871 | $970 |
| FY2021 | $537 | $538 | $686 | $853 | $948 |
| FY2020 | $499 | $527 | $666 | $830 | $927 |
FY2026 Income Limits
Area Median Income: $81,400
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $17,100 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $28,500 | $32,600 | $36,650 | $40,700 | $44,000 | $47,250 |
| 80% AMI | $45,600 | $52,100 | $58,600 | $65,100 | $70,350 | $75,550 |