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

Fair Market Rent Prices in Panola County, MS :
$620 $752 $915 $1,198 $1,553
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 Panola County are average compared to the national average. This FMR area is more expensive than 55% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Panola County is $915 per month.

The previous year, rent for a two-bedroom home was $788 per month. This is a 16.12% increase year-over-year.

This FMR rate applies to Enid, MS, Crenshaw, MS, Pope, MS, Sarah, MS, Marks, MS, Courtland, MS, Sardis, MS, Senatobia, MS and other cities within the region. The Metro Code or CBSA code for this region is NCNTY28107N28107.

Additionally, This Fair Market Rent (FMR) area Panola County, MS spans one county or city in Mississippi which is listed in the table below. Estimated population of Panola County, MS FMR area is 34,079 people based on latest Census data.

Compared to the rest of Mississippi, the Panola County FMR area is more expensive than 70% 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 Panola County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Panola 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 $ 639
1-BR 1-Bedroom $ 775
2-BR 2-Bedroom $ 943
3-BR 3-Bedroom $ 1235
4-BR 4-Bedroom $ 1600
Change Year:

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

County / Region Est. Population
Panola County, MS 34,079
Zip Codes in Panola County, MS

There are 8 unique zip codes in this Fair Market Rent (FMR) area:

38620, 38621, 38646, 38658, 38665, 38666, 38668 and 38927

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