FY2027 Small Area FMR · Amory, MS

ZIP 38821 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 38821 (Amory, MS) is $920 a month, up 8.2% from FY2026. That is 2% above the Monroe County, MS area-wide FMR of $905.

2-bedroom SAFMR$920per month ▲ 8.2%

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

Rank in the area6thof 12 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$828

2 BR Small Area FMR$920

110% of SAFMR$1,012

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

Studio$770▲ 5.5%

1 BR$780■ 0.0%

2 BR$920▲ 8.2%

3 BR$1,100▲ 7.8%

4 BR$1,210▲ 7.1%

FY2027 FY2026

Where 38821 sits in the Monroe County, MS area

Of the 12 ZIP codes HUD lists for the area, 38821 has the 6th highest two-bedroom Small Area FMR. Monroe 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 $920 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	$770	$693 – $847	$761	$730
1 bedroom	$780	$702 – $858	$769	$780
2 bedrooms	$920	$828 – $1,012	$905	$850
3 bedrooms	$1,100	$990 – $1,210	$1,078	$1,020
4 bedrooms	$1,210	$1,089 – $1,331	$1,189	$1,130

A household renting a two-bedroom home at the Small Area FMR of $920 needs about $36,800 a year to keep housing costs at 30% of income. The area median family income is $69,400 and the 80% low-income limit for four people is $57,600. ZIP code 38821 lies mainly in Monroe County. See the Monroe County, MS county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
38870	Smithville	8.5 mi	$960
38848	Greenwood Springs	9.9 mi	$930
38858	Nettleton	10.6 mi	$970
39730	Aberdeen	11.8 mi	$910
38844	Gattman	14.1 mi	$930
39746	Hamilton	15.8 mi	$920

Questions

What is the Fair Market Rent for ZIP code 38821?

HUD's FY2027 Small Area Fair Market Rents for 38821 are $770 (studio), $780 (1 BR), $920 (2 BR), $1,100 (3 BR) and $1,210 (4 BR) a month.

What is the Section 8 payment standard in 38821?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 38821 that range is $828 to $1,012 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 38821?

The FY2026 income limits of the Monroe County, MS area apply: median family income $69,400, low-income (80%) limit $57,600 for a family of four.