Rental Benchmark Overview
2-Bedroom Benchmark Rent
$872$10,464 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Lowndes County, MS
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Lowndes 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 | $738 | $8,856 | $29,520 | $14.19/hr |
| 1-Bedroom Apartment | $743 | $8,916 | $29,720 | $14.29/hr |
| 2-Bedroom ApartmentStandard Benchmark | $872 | $10,464 | $34,880 | $16.77/hr |
| 3-Bedroom Home | $1,195 | $14,340 | $47,800 | $22.98/hr |
| 4-Bedroom Home | $1,263 | $15,156 | $50,520 | $24.29/hr |
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Frequently Asked Questions About Rent in Lowndes County, MS
What is the Fair Market Rent for a 2-bedroom in Lowndes County, MS?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Lowndes County, MS is $872 per month ($10,464 per year).
What hourly wage is needed to afford rent in Lowndes County, MS?
To comfortably afford a 2-bedroom apartment at $872/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $16.77 per hour ($34,880/year).
What are the HUD Fair Market Rents by bedroom count in Lowndes County, MS?
Official 2026 HUD rents in Lowndes County, MS are: Studio: $738/mo, 1-Bedroom: $743/mo, 2-Bedroom: $872/mo, 3-Bedroom: $1,195/mo, and 4-Bedroom: $1,263/mo.
How do HUD Fair Market Rents compare to local incomes in Lowndes County, MS?
At the local Census ACS median household income of $53,812/year ($4,484/month), the benchmark 2-bedroom Fair Market Rent represents 19.4% of monthly income.
How is the 30% housing affordability standard calculated in Lowndes County, MS?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $872/month, the required minimum annual gross income is calculated as ($872 × 12) ÷ 0.30 = $34,880 per year.