FY2026 Fair Market Rents — Prentiss County
Studio
$638
1BR
$642
2BR
$842
3BR
$1,012
4BR
$1,118
Prentiss County, Mississippi
FIPS 28117 · County-level FMR and income limit data
FMR Area: Prentiss County, MS
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $638 | $7,656 |
| 1-Bedroom | $642 | $7,704 |
| 2-Bedroom | $842 | $10,104 |
| 3-Bedroom | $1,012 | $12,144 |
| 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 $71,000.
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 | $638 | $642 | $842 | $1,012 | $1,118 |
| FY2025 | $707 | $711 | $933 | $1,124 | $1,242 |
| FY2024 | $657 | $748 | $903 | $1,174 | $1,359 |
| FY2023 | $550 | $661 | $766 | $1,025 | $1,029 |
| FY2022 | $505 | $611 | $705 | $953 | $956 |
| FY2021 | $464 | $529 | $684 | $924 | $928 |
| FY2020 | $492 | $516 | $657 | $819 | $890 |
FY2026 Income Limits
Area Median Income: $71,000
| 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 |