Simpson County, MS

2024 Fair Market Rents

Tags: 2024 Simpson County, MS 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 three largest cities in Simpson County are Magee, Harrisville, and D Lo. 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 Simpson County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Simpson 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 Simpson County compare?

Simpson County ($903) has a 5.7% lower FMR for 2-Bedroom housing than the average of Mississippi ($958) and therefore has a lower gross rent.

Simpson County is rank 36th out of 82 counties. This means the FMRs, or in other words, the gross rent is higher than 46 other counties. Simpson County is the 36th most expensive county in terms of FMRs.

Rent Tables Simpson County, MS

Fair Market Rent (40th Percentile)

$612
studio
$785
1-Bedroom
$903
2-Bedroom
$1,240
3-Bedroom
$1,532
4-Bedroom

Median Rent (50th Percentile)

$617
studio
$791
1-Bedroom
$910
2-Bedroom
$1,250
3-Bedroom
$1,544
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
39062 $610 $790 $900 $1,240 $1,540
39082 $610 $790 $900 $1,240 $1,540
39111 $610 $790 $900 $1,240 $1,540
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
39062 $549 $711 $810 $1,116 $1,386
39082 $549 $711 $810 $1,116 $1,386
39111 $549 $711 $810 $1,116 $1,386
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
39062 $671 $869 $990 $1,364 $1,694
39082 $671 $869 $990 $1,364 $1,694
39111 $671 $869 $990 $1,364 $1,694

Fair Market Rents on this page apply to the following cities in Simpson County, Mississippi: Magee, Harrisville, and D Lo.

These Fair Market Rents also apply to the following ZIP codes in Simpson County, Mississippi: 39111, 39082, and 39062.

Simpson County, MS is considered part of the following metro FMR area: SIMPSON COUNTY, MS HUD METRO FMR AREA.

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Data Source

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