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

Discover affordable housing in Oxford where there are 16+ 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.

Heritage Park Apartments

600 McElroy Drive, Oxford, Mississippi 38655

Canterbury Crest

1531 Tyler Cv, Oxford, Mississippi 38655

Oakview Apartments Ltd CO Massengill Prop

Rubin Dr, Oxford, Mississippi 38655

Lafayette L P CO J and a Mgmt

2605 Walnut Hills Dr, Oxford, Mississippi 38655

Eastover Apartments

CR 280 and Cannon Road, Oxford, Mississippi 38655

Owens Place

1100 Burns Ave, Oxford, Mississippi 38655

Eastover

700 Eastover Dr, Oxford, Mississippi 38655

Belle Rivers

1100 Burns, Oxford, Mississippi 38655

Anderson Estates

1731 Anderson Rd, Oxford, Mississippi 38655

Brittany Estates

501 Brittany Dr, Oxford, Mississippi 38655

Oxford Apartments

Harris Dr, Oxford, Mississippi 38655

Riverside Place

101 Riverside Pl, Oxford, Mississippi 38655

Oxford Assoc Lp C/O Massengill Prop

49 Effie Circle, Oxford, Mississippi

Brittany Estates III

44 County Road 2003, Oxford, Mississippi 38655

Cb Webb Townhouses

2223 Delores Dr, Oxford, Mississippi 38655

Oxford Partners Lp ( Marshall Cty Cdc )

1001 Mcelroy Dr, Oxford, Mississippi 38655

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Oxford, Mississippi
$23.83/hour
$16.58 (+229%) more than Mississippi minimum wage and $16.58 (+229%) more than the Federal minimum wage.
Learn More About Oxford, Mississippi Affordable Housing ↓

What HUD offices serve Oxford, 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) programs for Oxford, Mississippi.
Operates the Public Housing programs for Oxford, Mississippi.

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

How many renters live in Oxford, Mississippi?

The City of Oxford has 25,713 people living in 9,773 households.

There are 14,521 renters living in 5,605 renter households in this City. Renters make up 56.47 percent of the population living in Oxford.

What is the rental market like in Oxford, Mississippi?

There are an estimated 16,048 housing units in the Oxford area. Of these, 8,517 units are rental homes, making up 53 percent of the housing market. For every renter household in Oxford, Mississippi, there are 2 rental units.

What is the vacancy rate for rentals in Oxford?

The rental vacancy rate in Oxford is 31 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 Oxford for each bedroom size?

Occupied Rental Units by Size in Oxford
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
290 1,100 1,900 1,603 615
Occupied Rental Units by Size in Oxford

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

Among renter households in this market, 48 percent have housing cost burden. Further, 34 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 Oxford

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,050 to $1,675. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,050
One BR $1,065
Two BR $1,258
Three BR $1,521
Four BR $1,675
2024 Fair Market Rents in Oxford, Mississippi

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

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 36 12 percent
One BR 740 67 percent
Two BR 1,257 66 percent
Rental Units Below FMR in Oxford, Mississippi

How many affordable rental units are in Oxford?

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

Federal Program Unit Count
Low Income Housing Tax Credit 191
Public Housing 212
Section 8 Project-Based Rental Assistance 23
USDA Section 515 Rural Rental Housing 32
Tracked Units by Federal Program in Oxford, Mississippi

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

Income Based Apartments in Oxford, Mississippi

Oxford features 368 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 Oxford, Mississippi

There are 511 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Oxford.

Housing Choice Vouchers in Oxford, Mississippi

On average, Section 8 Housing Choice vouchers pay Oxford landlords $1,400 per month towards rent. The average voucher holder contributes $300 towards rent in Oxford.

The maximum amount a voucher would pay on behalf of a low-income tenant in Oxford, Mississippi for a two-bedroom apartment is between $1,132 and $1,384.

Sourced from federal housing data and AffordableHousingOnline.com research.