FY2027 Small Area FMR · Neely, MS

ZIP 39461 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 39461 (Neely, MS) is $910 a month, up 8.3% from FY2026. That is 1% above the Greene County, MS area-wide FMR of $905.

2-bedroom SAFMR$910per month ▲ 8.3%

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

Rank in the area6thof 7 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$760▲ 4.1%

1 BR$830▲ 7.8%

2 BR$910▲ 8.3%

3 BR$1,120▲ 9.8%

4 BR$1,190▲ 6.2%

FY2027 FY2026

Where 39461 sits in the Greene County, MS area

Of the 7 ZIP codes HUD lists for the area, 39461 has the 6th highest two-bedroom Small Area FMR. Greene 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	$760	$684 – $836	$761	$730
1 bedroom	$830	$747 – $913	$831	$770
2 bedrooms	$910	$819 – $1,001	$905	$840
3 bedrooms	$1,120	$1,008 – $1,232	$1,120	$1,020
4 bedrooms	$1,190	$1,071 – $1,309	$1,189	$1,120

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 $72,400 and the 80% low-income limit for four people is $57,900. ZIP code 39461 lies mainly in Greene County. See the Greene County, MS county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
39451	Leakesville	6.9 mi	$910
39423	Beaumont	11.0 mi	$950
39456	Mc Lain	11.4 mi	$950
39476	Richton	14.8 mi	$950
39362	State Line	17.1 mi	$1,140
39462	New Augusta	19.2 mi	$1,220

Questions

What is the Fair Market Rent for ZIP code 39461?

HUD's FY2027 Small Area Fair Market Rents for 39461 are $760 (studio), $830 (1 BR), $910 (2 BR), $1,120 (3 BR) and $1,190 (4 BR) a month.

What is the Section 8 payment standard in 39461?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 39461 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 39461?

The FY2026 income limits of the Greene County, MS area apply: median family income $72,400, low-income (80%) limit $57,900 for a family of four.