Rent by ZIP · DeSoto County
Rent in Lake Cormorant, MS 38641
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,190 (+3.5% vs FY2026).
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $990 | $940 | +5.3% | $891–1,089 | – |
| 1 bedroom | $1,070 | $1,020 | +4.9% | $963–1,177 | – |
| 2 bedrooms | $1,190 | $1,150 | +3.5% | $1,071–1,309 | – |
| 3 bedrooms | $1,540 | $1,490 | +3.4% | $1,386–1,694 | – |
| 4 bedrooms | $1,770 | $1,720 | +2.9% | $1,593–1,947 | – |
Small Area FMRs for the Memphis, TN-MS-AR HUD Metro FMR Area. This ZIP code is in more than one HUD area; figures are for the main one. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for Memphis, TN-MS-AR HUD Metro FMR Area, 2 bedrooms: $1,301.
What renters pay in 38641
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 38642 | Lamar | $1,000 | – |
| 38639 | Jonestown | $910 | – |
| 38643 | Lambert | $930 | $379 |
| 38644 | Lula | $910 | – |
| 38637 | Horn Lake | $1,470 | $1,505 |
| 38645 | Lyon | $910 | $791 |
Fair Market Rents across DeSoto County, MS · All MS counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.