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Rent by ZIP · DeSoto County

Rent in Olive Branch, MS 38654

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,790 (+5.9% vs FY2026). Renters in this ZIP code pay a median $1,829 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,510$1,410+7.1%$1,359–1,661–
1 bedroom$1,640$1,530+7.2%$1,476–1,804$1,079 ±$138
2 bedrooms$1,790$1,690+5.9%$1,611–1,969$1,805 ±$295
3 bedrooms$2,360$2,230+5.8%$2,124–2,596$1,809 ±$195
4 bedrooms$2,730$2,600+5%$2,457–3,003$2,351 ±$193

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 38654

Median gross rent$1,829±$153 · all sizes
Renter households3,10715% of occupied homes
No cash rent380households

How rents are spread

Under $1,0008%
$1,000–1,49925%
$1,500–1,99926%
$2,000–2,49932%
$2,500–2,9994%
$3,000–3,4990%
$3,500+6%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
38655Oxford$1,260$1,181
38652New Albany$920$823
38651Nesbit$1,270$757
38650Myrtle$910$579
38658Pope$1,070$946
38659Potts Camp$1,020$1,009

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.