Rental Benchmark Overview
2-Bedroom Benchmark Rent
$891$10,692 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Itawamba County, MS
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Itawamba County, MS
Calculations assume standard housing affordability guidelines where shelter costs consume no more than 30% of gross income, based on full-time employment of 2,080 annual working hours.
| Bedroom Type | Monthly Rent | Annual Rent | Min. Annual Income | Hourly Wage (40h/wk) |
|---|---|---|---|---|
| Studio / Efficiency | $749 | $8,988 | $29,960 | $14.40/hr |
| 1-Bedroom Apartment | $753 | $9,036 | $30,120 | $14.48/hr |
| 2-Bedroom ApartmentStandard Benchmark | $891 | $10,692 | $35,640 | $17.13/hr |
| 3-Bedroom Home | $1,068 | $12,816 | $42,720 | $20.54/hr |
| 4-Bedroom Home | $1,180 | $14,160 | $47,200 | $22.69/hr |
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Frequently Asked Questions About Rent in Itawamba County, MS
What is the Fair Market Rent for a 2-bedroom in Itawamba County, MS?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Itawamba County, MS is $891 per month ($10,692 per year).
What hourly wage is needed to afford rent in Itawamba County, MS?
To comfortably afford a 2-bedroom apartment at $891/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $17.13 per hour ($35,640/year).
What are the HUD Fair Market Rents by bedroom count in Itawamba County, MS?
Official 2026 HUD rents in Itawamba County, MS are: Studio: $749/mo, 1-Bedroom: $753/mo, 2-Bedroom: $891/mo, 3-Bedroom: $1,068/mo, and 4-Bedroom: $1,180/mo.
How do HUD Fair Market Rents compare to local incomes in Itawamba County, MS?
At the local Census ACS median household income of $55,546/year ($4,629/month), the benchmark 2-bedroom Fair Market Rent represents 19.2% of monthly income.
How is the 30% housing affordability standard calculated in Itawamba County, MS?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $891/month, the required minimum annual gross income is calculated as ($891 × 12) ÷ 0.30 = $35,640 per year.