ZIP 39402 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 39402 in the Hattiesburg, MS MSA FMR area.

Hattiesburg, MS MSA

$1,080Efficiency
$1,3201 bedroom
$1,5502 bedrooms
$1,9703 bedrooms
$2,0404 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,080$972$1,188$916
1 bedroom$1,320$1,188$1,452$1,117
2 bedrooms$1,550$1,395$1,705$1,316
3 bedrooms$1,970$1,773$2,167$1,676
4 bedrooms$2,040$1,836$2,244$1,730

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Covington County, MS

$1,080Efficiency
$1,3201 bedroom
$1,5502 bedrooms
$1,9703 bedrooms
$2,0404 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,080$972$1,188$761
1 bedroom$1,320$1,188$1,452$769
2 bedrooms$1,550$1,395$1,705$905
3 bedrooms$1,970$1,773$2,167$1,078
4 bedrooms$2,040$1,836$2,244$1,189

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Income in ZIP 39402

$122,717average adjusted gross income per tax return (2022)
$60,567average salaries and wages per return
18,460tax returns filed
15%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00029.7%
$25,000 to $50,00023.0%
$50,000 to $75,00013.4%
$75,000 to $100,0009.1%
$100,000 to $200,00016.1%
$200,000 or more8.6%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 19.2% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 39402?

HUD's FY2027 Small Area FMRs for ZIP 39402 (Hattiesburg, MS MSA) are $1,080 efficiency, $1,320 one bedroom, $1,550 two bedrooms, $1,970 three and $2,040 four bedrooms.

What payment standard can a housing authority set in ZIP 39402?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,395 to $1,705.

How affordable is rent in ZIP 39402?

Tax returns filed from ZIP 39402 reported an average adjusted gross income of $122,717 (2022). A two-bedroom unit at the Small Area FMR costs $18,600 a year, or 15% of that income.