June 2026 residential building permits data releasedExplore

Fair market rents · FY2026

Covington County Fair Market Rents

HUD Fair Market Rents for Covington County, Mississippi — a fiscal-year 2026 2-bedroom FMR of $842 per month, the payment-standard basis for Section 8 vouchers, with every unit size and a four-year trend.

$708
Studio · FY2026
$713
1 bedroom · FY2026
$842
2 bedroom · FY2026
$1,111
3 bedroom · FY2026
Unit sizeFair market rent (FY2026)
Studio (0 BR)$708
1 bedroom$713
2 bedroom$842
3 bedroom$1,111
4 bedroom$1,115
2-bedroom fair market rent, by fiscal yearFY2023 – FY2026
$766FY23$903FY24$933FY25$842FY26

Fair Market Rent (FMR) is HUD's estimate of the monthly rent (including utilities except telephone, cable, and internet) for a modest unit — set at roughly the 40th percentile of area rents — and is the basis for Housing Choice Voucher (Section 8) payment standards. It is a standard, not the average rent people actually pay.

What do homes sell for here? Median home-sale prices, inventory and homes sold in Covington County — monthly since 2017, provided by Redfin, a national real estate brokerage. See the Covington County housing market →

Covington County fair market rents — FAQ

What is the fair market rent in Covington County?+

For fiscal year 2026, HUD's Fair Market Rents in Covington County, Mississippi are $708 for a studio, $713 for a 1-bedroom, $842 for a 2-bedroom, $1,111 for a 3-bedroom, and $1,115 for a 4-bedroom.

What is Fair Market Rent used for?+

HUD Fair Market Rents set the payment standards for the Housing Choice Voucher (Section 8) program and other HUD programs. They estimate the rent (including most utilities) for a modest unit at about the 40th percentile of area rents — a benchmark, not the average rent actually paid.

Where does this data come from?+

Figures are HUD's published Fair Market Rents (U.S. Department of Housing and Urban Development), public-domain data. pumsdata is independent and not affiliated with HUD.