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Rent by ZIP · Yalobusha County

Rent in Water Valley, MS 38965

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,120 (-4.3% vs FY2026). Renters in this ZIP code pay a median $645 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$950$990-4%$855–1,045–
1 bedroom$950$990-4%$855–1,045$341 ±$170
2 bedrooms$1,120$1,170-4.3%$1,008–1,232$671 ±$37
3 bedrooms$1,390$1,470-5.4%$1,251–1,529$896 ±$300
4 bedrooms$1,490$1,550-3.9%$1,341–1,639–

Small Area FMRs for the Yalobusha 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 Yalobusha County, MS, 2 bedrooms: $905.

What renters pay in 38965

Median gross rent$645±$55 · all sizes
Renter households92127% of occupied homes
No cash rent157households

How rents are spread

Under $1,00078%
$1,000–1,49915%
$1,500–1,9992%
$2,000–2,4992%
$2,500–2,9990%
$3,000–3,4990%
$3,500+3%

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

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
38964Vance$970–
38966Webb$910–
38963Tutwiler$1,100$445
38967Winona$930–
38961Tillatoba$970–
38957Sumner$1,080–

Fair Market Rents across Yalobusha 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.