FY2026 Fair Market Rents — Lafayette County
Studio
$1,047
1BR
$1,053
2BR
$1,243
3BR
$1,539
4BR
$1,646
Lafayette County, Mississippi
FIPS 28071 · County-level FMR and income limit data
FMR Area: Lafayette County, MS
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 |
To afford the FY2026 2-bedroom FMR of $1,243/mo under the 30%-of-income rule, a household needs about
$49,720/yr ($4,143/mo). Area Median Income is $98,100.
At MS's federal minimum wage of $7.25/hr, a worker would need to work 132 hours/week to afford that rent.
Recent FMR Trend
| 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 |
FY2026 Income Limits
Area Median Income: $98,100
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $20,650 | $23,600 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $34,350 | $39,250 | $44,150 | $49,050 | $53,000 | $56,900 |
| 80% AMI | $54,950 | $62,800 | $70,650 | $78,500 | $84,800 | $91,100 |