FY2026 Fair Market Rents — Neshoba County
Studio
$727
1BR
$768
2BR
$842
3BR
$1,147
4BR
$1,354
Neshoba County, Mississippi
FIPS 28099 · County-level FMR and income limit data
FMR Area: Neshoba County, MS
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $727 | $8,724 |
| 1-Bedroom | $768 | $9,216 |
| 2-Bedroom | $842 | $10,104 |
| 3-Bedroom | $1,147 | $13,764 |
| 4-Bedroom | $1,354 | $16,248 |
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 $67,000.
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 | $727 | $768 | $842 | $1,147 | $1,354 |
| FY2025 | $807 | $843 | $933 | $1,274 | $1,504 |
| FY2024 | $775 | $804 | $903 | $1,108 | $1,406 |
| FY2023 | $643 | $678 | $766 | $932 | $1,158 |
| FY2022 | $576 | $600 | $705 | $871 | $1,001 |
| FY2021 | $535 | $548 | $684 | $851 | $928 |
| FY2020 | $493 | $505 | $658 | $820 | $891 |
FY2026 Income Limits
Area Median Income: $67,000
| 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 |