FY2026 Fair Market Rents — Lowndes County
Studio
$738
1BR
$743
2BR
$872
3BR
$1,195
4BR
$1,263
Lowndes County, Mississippi
FIPS 28087 · County-level FMR and income limit data
FMR Area: Lowndes County, MS
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $738 | $8,856 |
| 1-Bedroom | $743 | $8,916 |
| 2-Bedroom | $872 | $10,464 |
| 3-Bedroom | $1,195 | $14,340 |
| 4-Bedroom | $1,263 | $15,156 |
To afford the FY2026 2-bedroom FMR of $872/mo under the 30%-of-income rule, a household needs about
$34,880/yr ($2,907/mo). Area Median Income is $75,500.
At MS's federal minimum wage of $7.25/hr, a worker would need to work 93 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $738 | $743 | $872 | $1,195 | $1,263 |
| FY2025 | $820 | $825 | $968 | $1,327 | $1,403 |
| FY2024 | $749 | $753 | $906 | $1,244 | $1,412 |
| FY2023 | $644 | $648 | $791 | $1,070 | $1,276 |
| FY2022 | $593 | $597 | $746 | $1,008 | $1,277 |
| FY2021 | $572 | $582 | $731 | $1,008 | $1,266 |
| FY2020 | $518 | $546 | $692 | $984 | $1,215 |
FY2026 Income Limits
Area Median Income: $75,500
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $15,960 | $21,640 | $27,320 | $33,000 | $38,680 | $44,000 |
| 50% AMI | $26,550 | $30,350 | $34,150 | $37,900 | $40,950 | $44,000 |
| 80% AMI | $42,500 | $48,550 | $54,600 | $60,650 | $65,550 | $70,400 |