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

Discover affordable housing in Mathiston 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.

Mathiston Apts

Church Street, Mathiston, Mississippi

Mathiston Manor

Wood College Road, Mathiston, Mississippi

Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

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

What HUD offices serve Mathiston, Mississippi?

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 Mathiston, Mississippi.

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

How many renters live in Mathiston, Mississippi?

The City of Mathiston has 807 people living in 349 households.

There are 198 renters living in 91 renter households in this City. Renters make up 24.54 percent of the population living in Mathiston.

What is the rental market like in Mathiston, Mississippi?

There are an estimated 386 housing units in the Mathiston area. Of these, 95 units are rental homes, making up 25 percent of the housing market. For every renter household in Mathiston, Mississippi, there are 1 rental units.

What is the vacancy rate for rentals in Mathiston?

The rental vacancy rate in Mathiston is 4 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 Mathiston for each bedroom size?

Occupied Rental Units by Size in Mathiston
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 15 55 16 5
Occupied Rental Units by Size in Mathiston

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

Among renter households in this market, 42 percent have housing cost burden. Further, 12 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 Mathiston

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $683 to $1,219. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $683
One BR $687
Two BR $903
Three BR $1,148
Four BR $1,219
2024 Fair Market Rents in Mathiston, Mississippi

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

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 15 100 percent
Two BR 47 85 percent
Rental Units Below FMR in Mathiston, Mississippi

How many affordable rental units are in Mathiston?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 48
Tracked Units by Federal Program in Mathiston, Mississippi

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

Income Based Apartments in Mathiston, Mississippi

Mathiston features 48 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 Mathiston, Mississippi

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

Housing Choice Vouchers in Mathiston, Mississippi

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.