Chancy is an unincorporated community in Quitman County, Mississippi. Chancy is located on Mississippi Highway 321, south of Lambert.
Chancy is located on the Canadian National Railway and once had a train depot.
A post office operated under the name Chancy from 1905 to 1920.
The former Camp B of the Mississippi State Penitentiary was located adjacent to Chancy. Archaeological investigations were performed at Chancy and around Camp B in 2003.