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RentData.org Logo Monroe County Fair Market Rent FY 2024 Monroe County, MS Rental Data

Fair Market Rent Prices in Monroe County, MS :
$775 $804 $903 $1,092 $1,347
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 Monroe County are low compared to the national average. This FMR area is less expensive than 52% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Monroe County is $903 per month.

The previous year, rent for a two-bedroom home was $766 per month. This is a 17.89% increase year-over-year.

This FMR rate applies to Becker, MS, Gattman, MS, Hamilton, MS, Aberdeen, MS, Amory, MS and other cities within the region. The Metro Code or CBSA code for this region is NCNTY28095N28095.

Additionally, This Fair Market Rent (FMR) area Monroe County, MS spans one county or city in Mississippi which is listed in the table below. Estimated population of Monroe County, MS FMR area is 35,559 people based on latest Census data.

Compared to the rest of Mississippi, the Monroe County FMR area is more expensive than 60% of the state.

Mississippi Rents Map

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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 Monroe County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Monroe 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 $ 775
1-BR 1-Bedroom $ 804
2-BR 2-Bedroom $ 903
3-BR 3-Bedroom $ 1092
4-BR 4-Bedroom $ 1347
Change Year:

There is just one county (listed below) within the Monroe County, MS FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Columbus - Tupelo - West Point.

County / Region Est. Population
Monroe County, MS 35,559
Zip Codes in Monroe County, MS

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

38821, 38825, 38844, 39730 and 39746

Lookup Fair Market Rent by Zip Code
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