Logo Alcorn County Fair Market Rent FY 2018 Alcorn County, MS Rental Data

Fair Market Rent Prices in Alcorn County, MS :
$466 $524 $661 $955 $1,011
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Non-Metro

Fair Market Rent prices in Alcorn County are very low compared to the national average. This FMR area is less expensive than 72% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Alcorn County is $661 per month.

The previous year, rent for a two-bedroom home was $681 per month. This is a 2.94% decrease year-over-year.

This FMR rate applies to Glen, MS, Walnut, MS, Rienzi, MS, Corinth, MS and other cities within the region. The Metro Code or CBSA code for this region is NCNTY28003N28003.

Additionally, This Fair Market Rent (FMR) area Alcorn County, MS spans one county or city in Mississippi which is listed in the table below. Estimated population of Alcorn County, MS FMR area is 37,057 people based on 2010 Census data.

Compared to the rest of Mississippi, the Alcorn County FMR area is more expensive than 57% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Alcorn County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Alcorn County

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 500
1-BR 1-Bedroom $ 562
2-BR 2-Bedroom $ 709
3-BR 3-Bedroom $ 1024
4-BR 4-Bedroom $ 1084
Change Year:

There is just one county (listed below) within the Alcorn County, MS FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Memphis.

County / Region Est. Population
Alcorn County, MS 37,057
Zip Codes in Alcorn County, MS

There are 5 unique zip codes in this Fair Market Rent (FMR) area:

38683, 38834, 38835, 38846 and 38865

Lookup Fair Market Rent by Zip Code