Low Income Apartments and Affordable Housing For Rent in Glendora, MS

Discover affordable housing in Glendora where there are 3+ 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.

Glendora Two

20 Old Hwy, Glendora, Mississippi 38928

Glendora One

30 Old Hwy, Glendora, Mississippi 38928

Glendora ( Town of )

100 Church St, Glendora, Mississippi 0

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Glendora, Mississippi
$17.10/hour
$9.85 (+136%) more than Mississippi minimum wage and $9.85 (+136%) more than the Federal minimum wage.
Learn More About Glendora, Mississippi Affordable Housing ↓

How many renters live in Glendora, Mississippi?

The City of Glendora has 142 people living in 53 households.

There are 128 renters living in 48 renter households in this City. Renters make up 90.14 percent of the population living in Glendora.

What is the rental market like in Glendora, Mississippi?

There are an estimated 53 housing units in the Glendora area. Of these, 48 units are rental homes, making up 91 percent of the housing market. For every renter household in Glendora, Mississippi, there are 1 rental units.

What is the vacancy rate for rentals in Glendora?

The rental vacancy rate in Glendora is 0 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Glendora for each bedroom size?

Occupied Rental Units by Size in Glendora
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 2 8 38 0
Occupied Rental Units by Size in Glendora

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

Among renter households in this market, 77 percent have housing cost burden. Further, 44 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 Glendora

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $775 to $1,532. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $775
One BR $804
Two BR $903
Three BR $1,200
Four BR $1,532
2024 Fair Market Rents in Glendora, Mississippi

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

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 8 100 percent
Rental Units Below FMR in Glendora, Mississippi

How many affordable rental units are in Glendora?

Income Based Apartments in Glendora, Mississippi

Glendora features 0 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 Glendora, Mississippi

There are 36 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Glendora.

Housing Choice Vouchers in Glendora, Mississippi

On average, Section 8 Housing Choice vouchers pay Glendora landlords $300 per month towards rent. The average voucher holder contributes $300 towards rent in Glendora.

The maximum amount a voucher would pay on behalf of a low-income tenant in Glendora, Mississippi for a two-bedroom apartment is between $813 and $993.

Sourced from federal housing data and AffordableHousingOnline.com research.