. Low Income Apartments For Rent in Amory, Mississippi - Affordable Housing Online

Apply to Amory Apartment Waiting Lists

Moore Manor Apartments

500 111th St.
Amory, Mississippi
Rent Assisted
1 BR

Amory Rentals

1103 Lee Ave
Amory, Mississippi

Tschundi Courts

918 Tschudi Rd
Amory, Mississippi
Rent Assisted

Tschudi Courts

1000 Tschudi Road
Amory, Mississippi
Rent Assisted
S. 515 Rural

Pope Apartments Brasfield Eld.

6 Norwood St
Amory, Mississippi
Public Housing
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There are 0 low-income apartments in Amory that offer reduced rents to eligible households.

Rental assistance programs support 301 low-income homes in Amory where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $303 towards rent each month.

Affordable rent data for some communities last confirmed on June 25th, 2021. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Amory, 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.

Housing Authority Programs
The Housing Authority of the City of Amory Public Housing
Tennessee Valley Regional Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
Go to the Mississippi Public Housing and Low-Income Apartments Waiting Lists page for openings near Amory.

Amory, Mississippi Affordable Housing Data

Income Based Apartments in Amory, Mississippi

Amory features 301 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 Amory, Mississippi

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

Housing Choice Vouchers in Amory, Mississippi

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Amory, Mississippi for a two-bedroom apartment is between $689 and $843.

2023 Amory, Mississippi Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Amory, Mississippi Fair Market Rent $643 $644 $766 $932 $1,146
Amory, Mississippi Payment Standard Range $579 to $707 $580 to $708 $689 to $843 $839 to $1,025 $1,031 to $1,261

Sourced from federal housing data and AffordableHousingOnline.com research.

Amory, MS Affordable Housing Snapshot

Total Affordable Apartment Properties 5
Total Low Income Apartments 301
Total Housing Units with Rental Assistance 301
Percentage of Housing Units Occupied By Renters 32.01%
Average Renter Household Size 2.73
Average Household Size 2.55
Median Household Income $35,394 ±$4,210
Median Rent $558 ±$69
Percentage Of Renters Overburdened 32.53% ± 12.5pp
Total Population 7,151

Population and Household Demographics

Amory is a city in Monroe County, Mississippi with a population of 7,151. There are 2,727 households in the city with an average household size of 2.55 persons. 32.01% of households in Amory are renters.

Income and Rent Overburden in Amory

The median gross income for households in Amory is $35,394 a year, or $2,950 a month. The median rent for the city is $558 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Amory, a household making less than $1,860 a month would be considered overburdened when renting an apartment at or above the median rent. 32.53% of households who rent are overburdened in Amory.

Area Median Income In Amory

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Amory, the AMI is calculated from all households within Monroe County.

In Amory, HUD calculates the Area Median Income for a family of four as $70,300

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Amory

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Amory

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Amory AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,580 $19,720 $24,860 $30,000 $35,140 $38,250 $40,900 $43,500
50% AMI Income Limits
Renters earning up to 50% of the Amory AMI may qualify for rental assistance programs that target Very Low Income households.
$23,100 $26,400 $29,700 $32,950 $35,600 $38,250 $40,900 $43,500
80% AMI Income Limits
Renters earning up to 80% of the Amory AMI may qualify for rental assistance programs that target Low Income households.
$36,900 $42,200 $47,450 $52,700 $56,950 $61,150 $65,350 $69,600