FY2027 Small Area FMR · Tupelo, MS

ZIP 38802 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 38802 (Tupelo, MS) is $1,040 a month, up 5.1% from FY2026. That is 0% equal to the Lee County, MS area-wide FMR of $1,044.

2-bedroom SAFMR$1,040per month ▲ 5.1%

Area-wide 2 BR FMR$1,044Lee County, MS

Rank in the area5thof 17 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$936

2 BR Small Area FMR$1,040

110% of SAFMR$1,144

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

Studio$920▲ 9.5%

1 BR$920▲ 8.2%

2 BR$1,040▲ 5.1%

3 BR$1,310▲ 4.0%

4 BR$1,370▲ 3.8%

FY2027 FY2026

Where 38802 sits in the Lee County, MS area

Of the 17 ZIP codes HUD lists for the area, 38802 has the 5th highest two-bedroom Small Area FMR. Lee 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 $1,044 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,040 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	$920	$828 – $1,012	$921	$840
1 bedroom	$920	$828 – $1,012	$924	$850
2 bedrooms	$1,040	$936 – $1,144	$1,044	$990
3 bedrooms	$1,310	$1,179 – $1,441	$1,319	$1,260
4 bedrooms	$1,370	$1,233 – $1,507	$1,372	$1,320

A household renting a two-bedroom home at the Small Area FMR of $1,040 needs about $41,600 a year to keep housing costs at 30% of income. The area median family income is $75,700 and the 80% low-income limit for four people is $62,700. ZIP code 38802 lies mainly in Lee County. See the Lee County, MS county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
38801	Tupelo	0.9 mi	$1,090
38879	Verona	4.4 mi	$1,090
38826	Belden	6.3 mi	$1,090
38804	Tupelo	6.3 mi	$950
38868	Shannon	7.7 mi	$1,080
38869	Sherman	9.3 mi	$980

Questions

What is the Fair Market Rent for ZIP code 38802?

HUD's FY2027 Small Area Fair Market Rents for 38802 are $920 (studio), $920 (1 BR), $1,040 (2 BR), $1,310 (3 BR) and $1,370 (4 BR) a month.

What is the Section 8 payment standard in 38802?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 38802 that range is $936 to $1,144 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 38802?

The FY2026 income limits of the Lee County, MS area apply: median family income $75,700, low-income (80%) limit $62,700 for a family of four.