Rent by ZIP · Lee County
Rent in Shannon, MS 38868
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,080 (+9.1% vs FY2026). Renters in this ZIP code pay a median $894 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $940 | $830 | +13.3% | $846–1,034 | $263 ±$235 |
| 1 bedroom | $960 | $840 | +14.3% | $864–1,056 | – |
| 2 bedrooms | $1,080 | $990 | +9.1% | $972–1,188 | $878 ±$330 |
| 3 bedrooms | $1,370 | $1,250 | +9.6% | $1,233–1,507 | $1,086 ±$124 |
| 4 bedrooms | $1,450 | $1,420 | +2.1% | $1,305–1,595 | – |
Small Area FMRs for the Lee County, MS. 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 Lee County, MS, 2 bedrooms: $1,044.
What renters pay in 38868
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 |
|---|---|---|---|
| 38869 | Sherman | $980 | – |
| 38866 | Saltillo | $960 | – |
| 38870 | Smithville | $960 | $690 |
| 38865 | Rienzi | $990 | $796 |
| 38871 | Thaxton | $1,120 | $634 |
| 38864 | Randolph | $940 | – |
Fair Market Rents across Lee 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.