Rent in Panola County, MS at a glance
2-bedroom rent (HUD)
$878$10,536 a year · HUD fiscal year 2026From October 1, 2026: $947 (+7.9%)How much rent can you afford in Panola County, MS?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
Rent in Panola County, MS by bedroom, and the pay it takes
Income needed keeps rent at 30% of gross pay; the hourly figure assumes one full-time job, 2,080 hours a year.
| Size | A month | A year | Income needed | Hourly wage needed |
|---|---|---|---|---|
| Studio | $605 | $7,260 | $24,200 | $11.63/hr |
| 1 bedroom | $743 | $8,916 | $29,720 | $14.29/hr |
| 2 bedroomsMost searched | $878 | $10,536 | $35,120 | $16.88/hr |
| 3 bedrooms | $1,121 | $13,452 | $44,840 | $21.56/hr |
| 4 bedrooms | $1,455 | $17,460 | $58,200 | $27.98/hr |
Cost of living in Panola County, MS: income, prices and a budget →
Living and working in Panola County, MS
Rent in Panola County, MS: common questions
How much is rent going up in Panola County, MS in 2027?
HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $947 for a two-bedroom, up 7.9% from $878. A one-bedroom goes from $743 to $805, a studio from $605 to $659.
These are HUD's estimates of what a typical recently rented unit costs, used for housing vouchers. A landlord's increase on your lease follows your lease and your state's rules, not this figure.
What is the average rent in Panola County, MS?
HUD's Fair Market Rent for 2026 is $743 for a one-bedroom and $878 for a two-bedroom, utilities included. That is $10,536 a year for the two-bedroom.
It is not an average of current listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so asking rents on newer places usually run higher.
How much do you need to make to afford rent in Panola County, MS?
To keep a $878 two-bedroom at 30% of gross pay, one full-time worker needs $16.88 an hour, or $35,120 a year. A one-bedroom at $743 takes $14.29 an hour.
How much is a 1, 2 or 3-bedroom apartment in Panola County, MS?
At HUD's 2026 Fair Market Rent: studio $605, one bedroom $743, two $878, three $1,121 and four $1,455 a month.
Is rent affordable in Panola County, MS?
For the typical household, earning $45,945 a year ($3,829 a month, Census ACS), a two-bedroom at $878 takes 22.9% of income. Under 30% is the usual line for affordable; this is under it.
How is the income needed for rent worked out?
Rent for a year divided by 0.30, the share of gross income HUD treats as affordable: ($878 × 12) ÷ 0.30 = $35,120. Divided by 2,080 working hours, that is $16.88 an hour.