Fair Market Rents: Hancock County, MS (FY2026)
HUD's FY2026 Fair Market Rents for Hancock County set the ceiling for what Housing Choice Vouchers pay locally. FMR equals the estimated 40th-percentile gross rent — shelter plus utilities — for modest, non-luxury units.
| Unit size | FY2026 FMR | MS median* |
|---|---|---|
| Studio (0-BR) | $786/mo | $727 (+8%) |
| 1 Bedroom | $923/mo | $768 (+20%) |
| 2 Bedrooms | $1,140/mo | $842 (+35%) |
| 3 Bedrooms | $1,471/mo | $1,115 (+32%) |
| 4+ Bedrooms | $1,612/mo | $1,247 (+29%) |
*Median across all FMR-publishing counties in MS. Source: HUD FY2026 FMR schedule.
Using FMR as a voucher holder in Hancock County
- Your housing authority sets payment standards per bedroom, typically 90–110% of these figures. How payment standards work →
- You may rent above the standard by paying the difference, subject to a 40%-of-income cap at lease-up.
- In high-cost pockets, ask about exception standards or Small Area FMRs by ZIP code.
Subsidized housing in Hancock County
We track 10 assisted properties countywide:
| City | Properties | Assisted units |
|---|---|---|
| Bay St Louis | 4 | 336 |
| Waveland | 7 | 574 |