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

Discover affordable housing in Sharkey County where there are 9+ 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 Gate Apartments

401 Rosenwald Cr, Rolling Fork, Mississippi 39159

Betty Newman Residential Center

39 Betty Newman Rd, Rolling Fork, Mississippi 39159

Handihaven Group Home

117 Delta St, Rolling Fork, Mississippi 39159

Rolling Fork Villas

497 W Race St, Rolling Fork, Mississippi 39159

James K Franklin

60 Bend Lomand Road, Rolling Fork, Mississippi

Anguilla Family Apartments CO United Mgmt Dev

224 Robin St, Anguilla, Mississippi 38721

Blue Front Apartments

101 Sharkey St, Rolling Fork, Mississippi 39159

Rolling Fork Manor

205 Day St, Rolling Fork, Mississippi 39159

Blue Front I Apartments Homes

100 Sharkey St, Rolling Fork, Mississippi 39159

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

How many renters live in Sharkey County, Mississippi?

The County of Sharkey County has 3,910 people living in 1,374 households.

There are 1,449 renters living in 578 renter households in this County. Renters make up 37.06 percent of the population living in Sharkey County.

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

There are an estimated 1,705 housing units in the Sharkey County area. Of these, 647 units are rental homes, making up 38 percent of the housing market. For every renter household in Sharkey County, Mississippi, there are 1 rental units.

What is the vacancy rate for rentals in Sharkey County?

The rental vacancy rate in Sharkey County is 8 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 Sharkey County for each bedroom size?

Occupied Rental Units by Size in Sharkey County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 50 116 332 80
Occupied Rental Units by Size in Sharkey County

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

Among renter households in this market, 29 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 Sharkey County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $738 to $1,219. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $738
One BR $742
Two BR $903
Three BR $1,214
Four BR $1,219
2024 Fair Market Rents in Sharkey County, Mississippi

How many units are rented at Fair Market Rent (FMR) in Sharkey 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
One BR 49 98 percent
Two BR 91 78 percent
Rental Units Below FMR in Sharkey County, Mississippi

How many affordable rental units are in Sharkey County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 71
Section 8 Project-Based Rental Assistance 12
Section 811 Supportive Housing for Persons with Disabilities 14
USDA Section 515 Rural Rental Housing 96
Tracked Units by Federal Program in Sharkey County, Mississippi

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

Income Based Apartments in Sharkey County, Mississippi

Sharkey County features 123 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 Sharkey County, Mississippi

There are 30 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Sharkey County.

Housing Choice Vouchers in Sharkey County, Mississippi

On average, Section 8 Housing Choice vouchers pay Sharkey County landlords $500 per month towards rent. The average voucher holder contributes $200 towards rent in Sharkey County.

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

Sourced from federal housing data and AffordableHousingOnline.com research.