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

Discover affordable housing in Leland where there are 4+ 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.

North Leland Ests CO J and a Mgmt

1017 N Main, Leland, Mississippi 38756

Leland Villas

Long St, Leland, Mississippi 38756

Deer Creek Apartments

128 Stallings St, Leland, Mississippi 38756

Looney, John M

109 Buck Road, Leland, Mississippi

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Leland, 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 Leland, Mississippi Affordable Housing ↓

How many renters live in Leland, Mississippi?

The City of Leland has 3,939 people living in 1,703 households.

There are 1,304 renters living in 522 renter households in this City. Renters make up 33.1 percent of the population living in Leland.

What is the rental market like in Leland, Mississippi?

There are an estimated 1,989 housing units in the Leland area. Of these, 582 units are rental homes, making up 29 percent of the housing market. For every renter household in Leland, Mississippi, there are 1 rental units.

What is the vacancy rate for rentals in Leland?

The rental vacancy rate in Leland is 9 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 Leland for each bedroom size?

Occupied Rental Units by Size in Leland
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 62 294 144 22
Occupied Rental Units by Size in Leland

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

Among renter households in this market, 52 percent have housing cost burden. Further, 29 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 Leland

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $668 to $1,463. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $668
One BR $773
Two BR $903
Three BR $1,249
Four BR $1,463
2024 Fair Market Rents in Leland, Mississippi

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

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 62 100 percent
Two BR 236 80 percent
Rental Units Below FMR in Leland, Mississippi

How many affordable rental units are in Leland?

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

Federal Program Unit Count
Section 8 Project-Based Rental Assistance 90
USDA Section 515 Rural Rental Housing 88
Tracked Units by Federal Program in Leland, Mississippi

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

Income Based Apartments in Leland, Mississippi

Leland features 90 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 Leland, Mississippi

There are 88 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Leland.

Housing Choice Vouchers in Leland, Mississippi

On average, Section 8 Housing Choice vouchers pay Leland landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Leland.

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

Sourced from federal housing data and AffordableHousingOnline.com research.