FY2026 Fair Market Rents — Clay County
Studio
$708
1BR
$713
2BR
$842
3BR
$1,159
4BR
$1,412
Clay County, Mississippi
FIPS 28025 · County-level FMR and income limit data
FMR Area: Clay 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 | $1,159 | $13,908 |
| 4-Bedroom | $1,412 | $16,944 |
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 $60,700.
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 | $1,159 | $1,412 |
| FY2025 | $770 | $775 | $933 | $1,287 | $1,567 |
| FY2024 | $775 | $804 | $903 | $1,271 | $1,532 |
| FY2023 | $643 | $678 | $766 | $1,060 | $1,305 |
| FY2022 | $536 | $539 | $705 | $1,001 | $1,164 |
| FY2021 | $535 | $538 | $684 | $979 | $1,035 |
| FY2020 | $492 | $520 | $657 | $948 | $1,032 |
FY2026 Income Limits
Area Median Income: $60,700
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $15,960 | $21,640 | $27,320 | $33,000 | $38,680 | $41,800 |
| 50% AMI | $25,200 | $28,800 | $32,400 | $36,000 | $38,900 | $41,800 |
| 80% AMI | $40,350 | $46,100 | $51,850 | $57,600 | $62,250 | $66,850 |