Rent in Rankin County, MS at a glance
2-bedroom rent (HUD)
$1,288$15,456 a year · HUD fiscal year 2026From October 1, 2026: $1,289 (+0.1%)How much rent can you afford in Rankin 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 Rankin 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 | $1,091 | $13,092 | $43,640 | $20.98/hr |
| 1 bedroom | $1,097 | $13,164 | $43,880 | $21.10/hr |
| 2 bedroomsMost searched | $1,288 | $15,456 | $51,520 | $24.77/hr |
| 3 bedrooms | $1,544 | $18,528 | $61,760 | $29.69/hr |
| 4 bedrooms | $1,705 | $20,460 | $68,200 | $32.79/hr |
Cost of living in Rankin County, MS: income, prices and a budget →
Living and working in Rankin County, MS
Rent in Rankin County, MS: common questions
How much is rent going up in Rankin County, MS in 2027?
HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,289 for a two-bedroom, up 0.1% from $1,288. A one-bedroom goes from $1,097 to $1,105, a studio from $1,091 to $1,099.
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 Rankin County, MS?
HUD's Fair Market Rent for 2026 is $1,097 for a one-bedroom and $1,288 for a two-bedroom, utilities included. That is $15,456 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 Rankin County, MS?
To keep a $1,288 two-bedroom at 30% of gross pay, one full-time worker needs $24.77 an hour, or $51,520 a year. A one-bedroom at $1,097 takes $21.10 an hour.
How much is a 1, 2 or 3-bedroom apartment in Rankin County, MS?
At HUD's 2026 Fair Market Rent: studio $1,091, one bedroom $1,097, two $1,288, three $1,544 and four $1,705 a month.
Is rent affordable in Rankin County, MS?
For the typical household, earning $79,357 a year ($6,613 a month, Census ACS), a two-bedroom at $1,288 takes 19.5% 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: ($1,288 × 12) ÷ 0.30 = $51,520. Divided by 2,080 working hours, that is $24.77 an hour.