Low Income Apartments and Affordable Housing For Rent in Simsboro, LA

Discover affordable housing in Simsboro where there are 1+ 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.

Pine Ridge Apartments

9751 Highway 80, Simsboro, Louisiana 71275

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Simsboro, Louisiana
$17.16/hour
$9.91 (+137%) more than Louisiana minimum wage and $9.91 (+137%) more than the Federal minimum wage.
Learn More About Simsboro, Louisiana Affordable Housing ↓

What HUD offices serve Simsboro, 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) programs for Simsboro, Louisiana.

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

How many renters live in Simsboro, Louisiana?

The City of Simsboro has 780 people living in 377 households.

There are 256 renters living in 171 renter households in this City. Renters make up 32.82 percent of the population living in Simsboro.

What is the rental market like in Simsboro, Louisiana?

There are an estimated 438 housing units in the Simsboro area. Of these, 190 units are rental homes, making up 43 percent of the housing market. For every renter household in Simsboro, Louisiana, there are 1 rental units.

What is the vacancy rate for rentals in Simsboro?

The rental vacancy rate in Simsboro is 8 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 Simsboro for each bedroom size?

Occupied Rental Units by Size in Simsboro
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 3 109 57 2
Occupied Rental Units by Size in Simsboro

A large number of apartments in Simsboro 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 Simsboro are overburdened by housing costs?

Among renter households in this market, 60 percent have housing cost burden. Further, 4 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 Simsboro

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $678 to $1,537. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $678
One BR $727
Two BR $906
Three BR $1,178
Four BR $1,537
2024 Fair Market Rents in Simsboro, Louisiana

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

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
One BR 0 100 percent
Two BR 75 69 percent
Rental Units Below FMR in Simsboro, Louisiana

How many affordable rental units are in Simsboro?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 20
Tracked Units by Federal Program in Simsboro, Louisiana

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

Income Based Apartments in Simsboro, Louisiana

Simsboro features 20 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 Simsboro, Louisiana

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

Housing Choice Vouchers in Simsboro, Louisiana

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Simsboro, Louisiana for a two-bedroom apartment is between $815 and $997.

Sourced from federal housing data and AffordableHousingOnline.com research.