Low Income Apartments and Affordable Housing For Rent in Melville, LA

Discover affordable housing in Melville where there are 1+ 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.

Melville Plaza Apartments

435 S Gum St, Melville, Louisiana 71353

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Melville, Louisiana
$15.57/hour
$8.32 (+115%) more than Louisiana minimum wage and $8.32 (+115%) more than the Federal minimum wage.
Learn More About Melville, Louisiana Affordable Housing ↓

What HUD offices serve Melville, Louisiana?

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 Melville, Louisiana.

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

How many renters live in Melville, Louisiana?

The City of Melville has 729 people living in 298 households.

There are 100 renters living in 57 renter households in this City. Renters make up 13.72 percent of the population living in Melville.

What is the rental market like in Melville, Louisiana?

There are an estimated 444 housing units in the Melville area. Of these, 66 units are rental homes, making up 15 percent of the housing market. For every renter household in Melville, Louisiana, there are 1 rental units.

What is the vacancy rate for rentals in Melville?

The rental vacancy rate in Melville is 14 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 Melville for each bedroom size?

Occupied Rental Units by Size in Melville
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 12 17 23 5
Occupied Rental Units by Size in Melville

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

Among renter households in this market, 47 percent have housing cost burden. Further, 16 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 Melville

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $621 to $1,238. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $621
One BR $626
Two BR $822
Three BR $1,060
Four BR $1,238
2024 Fair Market Rents in Melville, Louisiana

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

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 12 100 percent
Two BR 6 35 percent
Rental Units Below FMR in Melville, Louisiana

How many affordable rental units are in Melville?

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

Federal Program Unit Count
Low Income Housing Tax Credit 32
Public Housing 35
USDA Section 515 Rural Rental Housing 32
Tracked Units by Federal Program in Melville, Louisiana

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

Income Based Apartments in Melville, Louisiana

Melville features 32 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 Melville, Louisiana

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

Housing Choice Vouchers in Melville, Louisiana

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Melville, Louisiana for a two-bedroom apartment is between $740 and $904.

Sourced from federal housing data and AffordableHousingOnline.com research.