Perry County, MS: Fair Market Rent 2027 and Income Limits

Official HUD figures for landlords and renters, effective October 1, 2026 (rents) and May 1, 2026 (income limits).

$1,3162-bedroom FMR, FY2027

$1,1171-bedroom FMR, FY2027

$63,85080% income limit, family of 4 (FY2026)

$79,800Median family income (FY2026)

The FY2027 Fair Market Rent for a two-bedroom unit in Perry County is $1,316 a month, up 25.7% from $1,047 in FY2026. Perry County belongs to the Hattiesburg, MS MSA FMR area, so the same figures apply across that area. FMRs are gross rents: rent plus all tenant-paid utilities except phone, cable and internet.

Fair market rent in Perry County by bedroom count

Unit size	FY2027 FMR	FY2026 FMR	Change	Payment standard range (90–110%)
Studio	$916	$766	+19.6%	$825 – $1,007
1 bedroom	$1,117	$888	+25.8%	$1,006 – $1,228
2 bedrooms	$1,316	$1,047	+25.7%	$1,185 – $1,447
3 bedrooms	$1,676	$1,348	+24.3%	$1,509 – $1,843
4 bedrooms	$1,730	$1,386	+24.8%	$1,557 – $1,903

Source: HUD Fair Market Rents FY2027 (effective October 1, 2026) and FY2026 (revised file), details.

What can a landlord charge a Section 8 tenant here?

The FMR is not a cap on what you can ask on the open market. For a Housing Choice Voucher tenant, the local housing authority sets a payment standard, normally between 90% and 110% of the FMR (or of the ZIP-level Small Area FMR where those apply). For a two-bedroom unit in Perry County that is typically $1,185 to $1,447 including utilities. You can charge more than the payment standard if the rent passes the housing authority's rent-reasonableness test and, at move-in, the tenant's share stays within 40% of their adjusted monthly income. Ask the housing authority for its current payment standard schedule.

Can local renters afford the fair market rent?

$36,324median income of renter households

$755Median gross rent, all units

25%Rent-to-income ratio (median rent ÷ median renter income)

59%of renter households pay 30% or more of income on rent

At the 30% rule, a renter household earning the local median of $36,324 can afford about $908 a month including utilities. The FY2027 two-bedroom Fair Market Rent of $1,316 is $408 (44.9%) more than that. To rent a two-bedroom at the FMR, a household needs $52,640 a year under the 30% rule, or $47,376 under the common landlord rule that income must be three times the rent.

Perry County, ACS 2020–2024	Estimate ± MOE
Median gross rent (rent + utilities)	$755 ±$210
Median income of renter households	$36,324 ±$7,704
Renters paying 30% or more of income (cost-burdened)	58.9% ±34.6
Renters paying 50% or more (severely cost-burdened)	22.3% ±5.4
Renter households (where the share can be computed)	506

Change since 2015–2019

	ACS 2015–2019	ACS 2020–2024	Change
Median gross rent	$608	$755	+24.2%
Median renter household income	$27,188	$36,324	+33.6%
Renters paying 30%+ of income	46.9%	58.9%	+12.0 pts

Rent-to-income calculator: does an applicant qualify? → · Most affordable counties to rent in this state →

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates 2020–2024 and 2015–2019 (tables B25064, B25119, B25070). ± = margin of error at 90% confidence. Dollar figures are not adjusted for inflation.

Small Area FMRs by ZIP code (FY2027)

In metro areas HUD also publishes ZIP-level Small Area Fair Market Rents. Housing authorities in designated areas must use them for voucher payment standards; others may opt in. Here the two-bedroom SAFMR ranges from $950 to $1,550 depending on the ZIP code.

All 19 ZIP codes in this FMR area

ZIP	0 BR	1 BR	2 BR	3 BR	4 BR
39401	$890	$1,080	$1,270	$1,620	$1,680
39402	$1,080	$1,320	$1,550	$1,970	$2,040
39403	$880	$1,070	$1,260	$1,600	$1,660
39404	$880	$1,070	$1,260	$1,600	$1,660
39406	$900	$1,090	$1,280	$1,630	$1,690
39423	$700	$800	$950	$1,220	$1,250
39425	$830	$940	$1,100	$1,370	$1,520
39429	$760	$800	$950	$1,220	$1,400
39437	$710	$800	$950	$1,220	$1,490
39455	$760	$890	$1,050	$1,350	$1,400
39456	$760	$820	$950	$1,220	$1,320
39459	$780	$850	$1,050	$1,290	$1,500
39462	$850	$1,040	$1,220	$1,550	$1,600
39464	$720	$800	$970	$1,220	$1,410
39465	$860	$1,040	$1,230	$1,570	$1,620
39475	$880	$1,080	$1,270	$1,620	$1,670
39476	$700	$800	$950	$1,220	$1,250
39482	$810	$970	$1,150	$1,450	$1,520
39577	$880	$920	$1,090	$1,320	$1,600

Source: HUD FY2027 Small Area FMRs (effective October 1, 2026).

HUD income limits for Perry County (FY2026)

Income limits decide who qualifies for Section 8 vouchers, public housing and most HUD-assisted units. The area median family income is $79,800 (FY2025: $81,200, −1.7%). Small figures under each limit show the change from FY2025.

Household size	1 person	2 people	3 people	4 people	5 people	6 people	7 people	8 people
Extremely low income (30%)	$16,800 ±0.0%	$21,640 +2.3%	$27,320 +2.5%	$33,000 +2.6%	$38,680 +2.7%	$44,360 +2.8%	$49,500 +1.7%	$52,700 ±0.0%
Very low income (50%)	$27,950 ±0.0%	$31,950 ±0.0%	$35,950 +0.1%	$39,900 ±0.0%	$43,100 ±0.0%	$46,300 ±0.0%	$49,500 ±0.0%	$52,700 ±0.0%
Low income (80%)	$44,700 ±0.0%	$51,100 ±0.0%	$57,500 ±0.0%	$63,850 ±0.0%	$69,000 ±0.0%	$74,100 ±0.0%	$79,200 ±0.0%	$84,300 ±0.0%

The 30% limit is HUD's “extremely low income” limit: the higher of 30% of median income or the federal poverty guideline, but never above the 50% limit. That is why it can rise faster than 30% of median for larger households. Tax-credit (LIHTC) properties use separate Multifamily Tax Subsidy Project limits.

Source: HUD Section 8 Income Limits FY2026 (effective May 1, 2026) and FY2025, details.