Low Income Apartments and Affordable Housing For Rent in Morgan City, LA

Discover affordable housing in Morgan City where there are 2+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Jacquet and Wise

601 Egle St, Morgan City, Louisiana 70380

Brownell Homes

312 Wren St, Morgan City, Louisiana 70380

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Morgan City, Louisiana
$18.16/hour
$10.91 (+151%) more than Louisiana minimum wage and $10.91 (+151%) more than the Federal minimum wage.
Learn More About Morgan City, Louisiana Affordable Housing ↓

What HUD offices serve Morgan City, Louisiana?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Morgan City, Louisiana.

Go to the Louisiana Public Housing and Low-Income Apartments Waiting Lists page for openings near Morgan City.

How many renters live in Morgan City, Louisiana?

The City of Morgan City has 11,373 people living in 4,486 households.

There are 4,377 renters living in 1,784 renter households in this City. Renters make up 38.49 percent of the population living in Morgan City.

What is the rental market like in Morgan City, Louisiana?

There are an estimated 5,553 housing units in the Morgan City area. Of these, 2,153 units are rental homes, making up 39 percent of the housing market. For every renter household in Morgan City, Louisiana, there are 1 rental units.

What is the vacancy rate for rentals in Morgan City?

The rental vacancy rate in Morgan City is 14 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Morgan City for each bedroom size?

Occupied Rental Units by Size in Morgan City
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
87 431 594 608 64
Occupied Rental Units by Size in Morgan City

A large number of apartments in Morgan City have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Morgan City are overburdened by housing costs?

Among renter households in this market, 55 percent have housing cost burden. Further, 33 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Morgan City

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $615 to $1,231. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $615
One BR $679
Two BR $822
Three BR $1,043
Four BR $1,231
2024 Fair Market Rents in Morgan City, Louisiana

How many units are rented at Fair Market Rent (FMR) in Morgan City?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 71 82 percent
One BR 305 71 percent
Two BR 395 66 percent
Rental Units Below FMR in Morgan City, Louisiana

How many affordable rental units are in Morgan City?

There are a variety of federal affordable housing programs serving households in Morgan City, Louisiana including the following:

Federal Program Unit Count
Public Housing 293
Section 8 Project-Based Rental Assistance 1
Tracked Units by Federal Program in Morgan City, Louisiana

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Morgan City, Louisiana

Morgan City features 288 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Morgan City, Louisiana

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Morgan City.

Housing Choice Vouchers in Morgan City, Louisiana

On average, Section 8 Housing Choice vouchers pay Morgan City landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Morgan City.

The maximum amount a voucher would pay on behalf of a low-income tenant in Morgan City, Louisiana for a two-bedroom apartment is between $863 and $1,055.

Sourced from federal housing data and AffordableHousingOnline.com research.