FY2027 Small Area FMR · Greenville, MS

ZIP 38701 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 38701 (Greenville, MS) is $910 a month, up 8.3% from FY2026. That is 1% above the Washington County, MS area-wide FMR of $905.

2-bedroom SAFMR$910per month ▲ 8.3%

Area-wide 2 BR FMR$905Washington County, MS

Rank in the area5thof 14 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$819

2 BR Small Area FMR$910

110% of SAFMR$1,001

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$720▲ 10.8%

1 BR$830▲ 7.8%

2 BR$910▲ 8.3%

3 BR$1,250▲ 5.9%

4 BR$1,510▲ 5.6%

FY2027 FY2026

Where 38701 sits in the Washington County, MS area

Of the 14 ZIP codes HUD lists for the area, 38701 has the 5th highest two-bedroom Small Area FMR. Washington County, MS is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $905 for two bedrooms; an agency that opts in to Small Area FMRs would use $910 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$720	$648 – $792	$722	$650
1 bedroom	$830	$747 – $913	$831	$770
2 bedrooms	$910	$819 – $1,001	$905	$840
3 bedrooms	$1,250	$1,125 – $1,375	$1,253	$1,180
4 bedrooms	$1,510	$1,359 – $1,661	$1,513	$1,430

A household renting a two-bedroom home at the Small Area FMR of $910 needs about $36,400 a year to keep housing costs at 30% of income. The area median family income is $56,300 and the 80% low-income limit for four people is $57,600. ZIP code 38701 lies mainly in Washington County. See the Washington County, MS county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
38723	Avon	5.6 mi	$910
38722	Arcola	9.9 mi	$910
38776	Stoneville	10.3 mi	$910
38760	Metcalfe	10.7 mi	$910
38703	Greenville	11.4 mi	$1,030
71653	Lake Village	11.6 mi	$1,140

Questions

What is the Fair Market Rent for ZIP code 38701?

HUD's FY2027 Small Area Fair Market Rents for 38701 are $720 (studio), $830 (1 BR), $910 (2 BR), $1,250 (3 BR) and $1,510 (4 BR) a month.

What is the Section 8 payment standard in 38701?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 38701 that range is $819 to $1,001 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 38701?

The FY2026 income limits of the Washington County, MS area apply: median family income $56,300, low-income (80%) limit $57,600 for a family of four.