DeSoto County, MS

2024 Fair Market Rents

Tags: 2024 Memphis, TN-MS-AR HUD Metro FMR Area

Return to the state page to see where Mississippi ranks nationally and to view information on other counties. Click on the map to view a different county.

The top four largest cities in DeSoto County are Olive Branch, Southaven, Horn Lake, and Hernando. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does DeSoto County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however DeSoto County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does DeSoto County compare?

DeSoto County ($1,298) has a 35.5% higher FMR for 2-Bedroom housing than the average of Mississippi ($958) and therefore a higher gross rent.

DeSoto County is rank 1st out of 82 counties. This means the FMRs, or in other words, the gross rent is higher than all other counties. DeSoto County is the most expensive county in terms of FMRs.

Rent Tables DeSoto County, MS

Fair Market Rent (40th Percentile)

$1,031
studio
$1,146
1-Bedroom
$1,298
2-Bedroom
$1,711
3-Bedroom
$1,995
4-Bedroom

Median Rent (50th Percentile)

$1,108
studio
$1,232
1-Bedroom
$1,395
2-Bedroom
$1,839
3-Bedroom
$2,144
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
38611 $0 $960 $1,170 $1,440 $1,800
38618 $0 $850 $1,030 $1,330 $1,570
38632 $0 $1,230 $1,390 $1,830 $2,140
38637 $0 $1,180 $1,340 $1,770 $2,060
38641 $0 $1,020 $1,160 $1,520 $1,760
38651 $0 $1,330 $1,510 $1,990 $2,320
38654 $0 $1,430 $1,620 $2,140 $2,490
38671 $0 $1,250 $1,420 $1,870 $2,180
38672 $0 $1,720 $1,950 $2,570 $3,000
38680 $0 $1,080 $1,220 $1,610 $1,880
38611 $0 $960 $1,170 $1,440 $1,800
38618 $0 $850 $1,030 $1,330 $1,570
38654 $0 $1,430 $1,620 $2,140 $2,490
38611 $0 $960 $1,170 $1,440 $1,800
38618 $0 $850 $1,030 $1,330 $1,570
38632 $0 $1,230 $1,390 $1,830 $2,140
38641 $0 $1,020 $1,160 $1,520 $1,760
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
38611 $828 $864 $1,053 $1,296 $1,620
38618 $729 $765 $927 $1,197 $1,413
38632 $990 $1,107 $1,251 $1,647 $1,926
38637 $954 $1,062 $1,206 $1,593 $1,854
38641 $828 $918 $1,044 $1,368 $1,584
38651 $1,080 $1,197 $1,359 $1,791 $2,088
38654 $1,161 $1,287 $1,458 $1,926 $2,241
38671 $1,017 $1,125 $1,278 $1,683 $1,962
38672 $1,395 $1,548 $1,755 $2,313 $2,700
38680 $873 $972 $1,098 $1,449 $1,692
38611 $828 $864 $1,053 $1,296 $1,620
38618 $729 $765 $927 $1,197 $1,413
38654 $1,161 $1,287 $1,458 $1,926 $2,241
38611 $828 $864 $1,053 $1,296 $1,620
38618 $729 $765 $927 $1,197 $1,413
38632 $990 $1,107 $1,251 $1,647 $1,926
38641 $828 $918 $1,044 $1,368 $1,584
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
38611 $1,012 $1,056 $1,287 $1,584 $1,980
38618 $891 $935 $1,133 $1,463 $1,727
38632 $1,210 $1,353 $1,529 $2,013 $2,354
38637 $1,166 $1,298 $1,474 $1,947 $2,266
38641 $1,012 $1,122 $1,276 $1,672 $1,936
38651 $1,320 $1,463 $1,661 $2,189 $2,552
38654 $1,419 $1,573 $1,782 $2,354 $2,739
38671 $1,243 $1,375 $1,562 $2,057 $2,398
38672 $1,705 $1,892 $2,145 $2,827 $3,300
38680 $1,067 $1,188 $1,342 $1,771 $2,068
38611 $1,012 $1,056 $1,287 $1,584 $1,980
38618 $891 $935 $1,133 $1,463 $1,727
38654 $1,419 $1,573 $1,782 $2,354 $2,739
38611 $1,012 $1,056 $1,287 $1,584 $1,980
38618 $891 $935 $1,133 $1,463 $1,727
38632 $1,210 $1,353 $1,529 $2,013 $2,354
38641 $1,012 $1,122 $1,276 $1,672 $1,936

Fair Market Rents on this page apply to the following cities in DeSoto County, Mississippi: Olive Branch, Southaven, Horn Lake, Hernando, Byhalia, Coldwater, Nesbit, Walls, and Lake Cormorant.

These Fair Market Rents also apply to the following ZIP codes in DeSoto County, Mississippi: 38654, 38671, 38637, 38632, 38611, 38618, 38672, 38651, 38680, 38641, and 38686.

DeSoto County, MS is considered part of the following metro FMR area: MEMPHIS, TN-MS-AR HUD METRO FMR AREA.

More on DeSoto County, MS

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Data Source

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Fair Market Rents are published by the Department of Housing And Urban Development.