Rental Benchmark Overview
2-Bedroom Benchmark Rent
$860$10,320 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Marion County, MS
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Marion 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 | $651 | $7,812 | $26,040 | $12.52/hr |
| 1-Bedroom Apartment | $655 | $7,860 | $26,200 | $12.60/hr |
| 2-Bedroom ApartmentStandard Benchmark | $860 | $10,320 | $34,400 | $16.54/hr |
| 3-Bedroom Home | $1,031 | $12,372 | $41,240 | $19.83/hr |
| 4-Bedroom Home | $1,366 | $16,392 | $54,640 | $26.27/hr |
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Frequently Asked Questions About Rent in Marion County, MS
What is the Fair Market Rent for a 2-bedroom in Marion County, MS?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Marion County, MS is $860 per month ($10,320 per year).
What hourly wage is needed to afford rent in Marion County, MS?
To comfortably afford a 2-bedroom apartment at $860/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $16.54 per hour ($34,400/year).
What are the HUD Fair Market Rents by bedroom count in Marion County, MS?
Official 2026 HUD rents in Marion County, MS are: Studio: $651/mo, 1-Bedroom: $655/mo, 2-Bedroom: $860/mo, 3-Bedroom: $1,031/mo, and 4-Bedroom: $1,366/mo.
How do HUD Fair Market Rents compare to local incomes in Marion County, MS?
At the local Census ACS median household income of $45,110/year ($3,759/month), the benchmark 2-bedroom Fair Market Rent represents 22.9% of monthly income.
How is the 30% housing affordability standard calculated in Marion County, MS?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $860/month, the required minimum annual gross income is calculated as ($860 × 12) ÷ 0.30 = $34,400 per year.