Low Income Apartments and Affordable Housing For Rent in Prentiss County, MS

Discover affordable housing in Prentiss County where there are 26+ 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.

White Oak Grove Apartments

320 Charter Hill Dr, Baldwyn, Mississippi 38824

Woodland Bend Apartments

450 Kilpatrick St, Baldwyn, Mississippi 38824

Townhouse Apartments

100 Clay St, Booneville, Mississippi 38829

Pecan Grove Elderly Apartments

200 N Bryant St, Booneville, Mississippi 38829

Timber Hills Housing of Prentiss County

1500 S Lake St, Booneville, Mississippi 38829

Eastview Apartments

554 Banks Street, #804, Baldwyn, Mississippi 38824

Baldwyn Elderly Housing

602 School Ln, Baldwyn, Mississippi 38824

Booneville Villa Lp

304 Oneal St, Booneville, Mississippi 38829

Meadowview Apartments

100 Brooks Dr, Baldwyn, Mississippi 38824

Booneville Manor Lp

402 N Smith St, Booneville, Mississippi 38829

Prentiss County

252 Homer Rd, Booneville, Mississippi 38829

Booneville ( City of )

200 Homcr Rd, Booneville, Mississippi 0

Magnolia Manor I

602 Jacinto Rd, Booneville, Mississippi 38829

Ruleville Apartments Homes Llc

PO Box 310, Baldwyn, Mississippi 38824

Booneville Property Barbara Beard

Hwy 145 S, Booneville, Mississippi 38829

Pcdi

101 Bridge St, Booneville, Mississippi 38829

Eastover Apartments

102 Eastover Cir, Baldwyn, Mississippi 38824

August Circle

801 N College St, Booneville, Mississippi 38829

Marietta Apartments CO Barbara Beard

59 County Road 4070, Marietta, Mississippi 38856

E and T Assoc Lp J and a Mgmt Inc

405 N Smith St, Booneville, Mississippi 38829

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

What HUD offices serve Prentiss County, 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 Prentiss County, Mississippi.

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

How many renters live in Prentiss County, Mississippi?

The County of Prentiss County has 24,945 people living in 9,296 households.

There are 5,064 renters living in 2,083 renter households in this County. Renters make up 20.3 percent of the population living in Prentiss County.

What is the rental market like in Prentiss County, Mississippi?

There are an estimated 11,008 housing units in the Prentiss County area. Of these, 2,250 units are rental homes, making up 20 percent of the housing market. For every renter household in Prentiss County, Mississippi, there are 1 rental units.

What is the vacancy rate for rentals in Prentiss County?

The rental vacancy rate in Prentiss County is 7 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 Prentiss County for each bedroom size?

Occupied Rental Units by Size in Prentiss County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
134 317 663 889 73
Occupied Rental Units by Size in Prentiss County

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

Among renter households in this market, 29 percent have housing cost burden. Further, 14 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 Prentiss County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $657 to $1,359. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $657
One BR $748
Two BR $903
Three BR $1,174
Four BR $1,359
2024 Fair Market Rents in Prentiss County, Mississippi

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

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 117 87 percent
One BR 310 98 percent
Two BR 429 65 percent
Rental Units Below FMR in Prentiss County, Mississippi

How many affordable rental units are in Prentiss County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 128
Public Housing 181
Section 8 Project-Based Rental Assistance 135
Section 811 Supportive Housing for Persons with Disabilities 21
USDA Section 515 Rural Rental Housing 299
Tracked Units by Federal Program in Prentiss County, Mississippi

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

Income Based Apartments in Prentiss County, Mississippi

Prentiss County features 639 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 Prentiss County, Mississippi

There are 100 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Prentiss County.

Housing Choice Vouchers in Prentiss County, Mississippi

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.