Smith County, MS · FY2026 area median income $75,900 · effective May 1, 2026
Check whether a deal here pencils →| Unit | 20% | 30% | 40% | 50% | 60% | 70% | 80% |
|---|---|---|---|---|---|---|---|
| Studio | $266 | $399 | $532 | $665 | $798 | $931 | $1,064 |
| 1BR | $285 | $427 | $570 | $712 | $855 | $997 | $1,140 |
| 2BR | $342 | $513 | $684 | $855 | $1,026 | $1,197 | $1,368 |
| 3BR | $394 | $592 | $789 | $986 | $1,184 | $1,381 | $1,579 |
| 4BR | $440 | $660 | $881 | $1,101 | $1,321 | $1,541 | $1,762 |
Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.
| Household | 30% | 50% | 60% | 80% |
|---|---|---|---|---|
| 1 person | $15,960 | $26,600 | $31,920 | $42,560 |
| 2 persons | $18,240 | $30,400 | $36,480 | $48,640 |
| 3 persons | $20,520 | $34,200 | $41,040 | $54,720 |
| 4 persons | $22,770 | $37,950 | $45,540 | $60,720 |
| 5 persons | $24,600 | $41,000 | $49,200 | $65,600 |
| 6 persons | $26,430 | $44,050 | $52,860 | $70,480 |
| 7 persons | $28,260 | $47,100 | $56,520 | $75,360 |
| 8 persons | $30,060 | $50,100 | $60,120 | $80,160 |
Rents are capped at 30% of the income limit for an imputed household of 1.5 persons per bedroom, so a two-bedroom unit uses the three-person limit. Under the average income test, units can be designated from 20% to 80% AMI as long as the weighted average stays at or below 60%.
Run a deal in Smith County to see the sources and uses, bond test, DSCR, and funding gap using these rents.