FY2027 Small Area FMR · Waveland, MS

ZIP 39576 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 39576 (Waveland, MS) is $1,030 a month, up 2.0% from FY2026. That is 13% below the Gulfport-Biloxi, MS area-wide FMR of $1,185.

2-bedroom SAFMR$1,030per month ▲ 2.0%

Area-wide 2 BR FMR$1,185Gulfport-Biloxi, MS

Rank in the area22ndof 28 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$927

2 BR Small Area FMR$1,030

110% of SAFMR$1,133

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

Studio$730▲ 4.3%

1 BR$850▲ 3.7%

2 BR$1,030▲ 2.0%

3 BR$1,330▲ 1.5%

4 BR$1,500▲ 4.9%

FY2027 FY2026

Where 39576 sits in the Gulfport-Biloxi, MS area

Of the 28 ZIP codes HUD lists for the area, 39576 has the 22nd highest two-bedroom Small Area FMR. Gulfport-Biloxi, 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 $1,185 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,030 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	$730	$657 – $803	$844	$700
1 bedroom	$850	$765 – $935	$982	$820
2 bedrooms	$1,030	$927 – $1,133	$1,185	$1,010
3 bedrooms	$1,330	$1,197 – $1,463	$1,525	$1,310
4 bedrooms	$1,500	$1,350 – $1,650	$1,723	$1,430

A household renting a two-bedroom home at the Small Area FMR of $1,030 needs about $41,200 a year to keep housing costs at 30% of income. The area median family income is $83,100 and the 80% low-income limit for four people is $66,500. ZIP code 39576 lies mainly in Hancock County. See the Gulfport-Biloxi, MS metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
39520	Bay Saint Louis	6.0 mi	$1,200
39525	Diamondhead	6.4 mi	$1,650
39529	Stennis Space Center	10.4 mi	$1,130
39556	Kiln	11.0 mi	$1,160
39571	Pass Christian	11.1 mi	$1,130
39572	Pearlington	13.5 mi	$1,200

Questions

What is the Fair Market Rent for ZIP code 39576?

HUD's FY2027 Small Area Fair Market Rents for 39576 are $730 (studio), $850 (1 BR), $1,030 (2 BR), $1,330 (3 BR) and $1,500 (4 BR) a month.

What is the Section 8 payment standard in 39576?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 39576 that range is $927 to $1,133 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 39576?

The FY2026 income limits of the Gulfport-Biloxi, MS area apply: median family income $83,100, low-income (80%) limit $66,500 for a family of four.