The PHA sets a payment standard ranging from 90% to 110% of the Fair Market Rents (FMRs).

Sharkey County, MS, MS

In the year 2024, as a landlord, if you're looking to rent your property to a Section 8 tenant or another housing voucher program in Sharkey County, MS, you can consider the following rental prices based on HUD income limits.

Efficiency:The efficiency rental rates range from a low of $664 to a high of $812, with an average of $738.
One-bedroom: One-bedroom rental prices vary, with a minimum of $668, a maximum of $816, and an average of $742.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $813, peaking at a maximum of $993, and averaging at $903.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $1,093, a maximum of $1,335, and an average of $1,214.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $1,097 to a maximum of $1,341, with an average of $1,219.

The fair market rent mentioned already includes all utilities. If a landlord chooses not to provide utility coverage, they can subtract the utility costs from the rent to determine the adjusted rental price.

Each housing authority establishes its own rental rates, so you should check the pricing set by that specific housing authority to determine the maximum amount they can offer. It's advisable to adhere to their pricing guidelines.

To apply for Section 8 housing, you can check your income against the Sharkey County, MS Housing Choice voucher income limit to determine your eligibility.

HUD's Fair Market Rent guides Section 8 rates for your rental unit.

Year Area HUD Fair Market Rent Bedrooms
Studio 1 Bedroom 2 Bedroom 3 Bedroom 4 Bedroom
2024 Sharkey County, MS, MS Low Rent (90%) $664 $668 $813 $1,093 $1,097
Average Rent $738 $742 $903 $1,214 $1,219
High Rent(110%) $812 $816 $993 $1,335 $1,341
2023 Sharkey County, MS, MS Low Rent (90%) $547 $550 $689 $933 $937
Average Rent $608 $611 $766 $1,037 $1,041
High Rent (110%) $669 $672 $843 $1,141 $1,145
2022 Sharkey County, MS, MS Low Rent (90%) $497 $500 $635 $869 $873
Average Rent $552 $555 $705 $966 $970
High Rent(110%) $607 $611 $776 $1,063 $1,067
2021 Sharkey County, MS, MS Low Rent (90%) $482 $482 $616 $848 $851
Average Rent $535 $536 $684 $942 $945
High Rent (110%) $589 $590 $752 $1,036 $1,040
2020 Sharkey County, MS, MS Low Rent (90%) $443 $449 $591 $798 $801
Average Rent $492 $499 $657 $887 $890
High Rent(110%) $541 $549 $723 $976 $979
2019 Sharkey County, MS, MS Low Rent (90%) $425 $466 $586 $768 $792
Average Rent $472 $518 $651 $853 $880
High Rent (110%) $519 $570 $716 $938 $968
2018 Sharkey County, MS, MS Low Rent (90%) $419 $447 $595 $746 $810
Average Rent $466 $497 $661 $829 $900
High Rent(110%) $513 $547 $727 $912 $990
2017 Sharkey County, MS, MS Low Rent (90%) $428 $491 $613 $767 $845
Average Rent $476 $546 $681 $852 $939
High Rent (110%) $524 $601 $749 $937 $1,033


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