Logo Covington County Fair Market Rent FY 2022 Covington County, MS HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Covington County, MS :
$493 $619 $705 $1,001 $1,037
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 50th Percentile Metro Area

Fair Market Rent prices in Covington County are very low compared to the national average. This FMR area is less expensive than 77% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Covington County is $705 per month.

This FMR rate applies to Mount Olive, MS, Seminary, MS, Prentiss, MS, Taylorsville, MS, Collins, MS, Sumrall, MS, Ellisville, MS, Hattiesburg, MS and other cities within the region. The Metro Code or CBSA code for this region is METRO25620M28031.

Additionally, This Fair Market Rent (FMR) area Covington County, MS HUD Metro FMR Area spans one county or city in Mississippi which is listed in the table below. Estimated population of Covington County, MS HUD Metro FMR Area FMR area is 0 people based on 2000 Census data.

Compared to the rest of Mississippi, the Covington County FMR area is more expensive than 63% 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 Covington County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Covington 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 $ 493
1-BR 1-Bedroom $ 638
2-BR 2-Bedroom $ 727
3-BR 3-Bedroom $ 1033
4-BR 4-Bedroom $ 1069
Change Year:

There is just one county (listed below) within the Covington County, MS HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Hattiesburg - Laurel and Jackson, Ms.

County / Region Est. Population
, MS Metro 0
Zip Codes in Covington County, MS HUD Metro FMR Area

There are 9 unique zip codes in this Fair Market Rent (FMR) area:

39119, 39168, 39401, 39402, 39428, 39437, 39474, 39479 and 39482

Lookup Fair Market Rent by Zip Code