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

Discover affordable housing in Canton where there are 31+ 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.

Cypress Meadows

373 S Canal St, Canton, Mississippi 39046

Canton Village Apartments

3rd Ave and Henry St, Canton, Mississippi 39046

Canton Villas

2021 Highway 43 N, Canton, Mississippi 39046

Canton Manor Apartments

1110 Holmes Ave, Canton, Mississippi 39046

Pecan Village

1415 Highway 16 W, Canton, Mississippi 39046

Canton Estates

388 Ricks Dr, Canton, Mississippi 39046

Lula B Covington Apartments

1101 Holmes Ave, Canton, Mississippi 39046

Canton Garden Apartments

619 Martin Luther King Dr, Canton, Mississippi 39046

Canton Family Units

390 Ricks Dr, Canton, Mississippi 39046

Camden Park Apartments

107 Parkview Dr, Canton, Mississippi 39046

Camden Park Apartments, Phase II

106 Parkview Dr, Canton, Mississippi 39046

Canton High Apartments

3380 North Liberty Street, Canton, Mississippi 39046

Marabella Estates Phase II

135 Sunset Ave, Canton, Mississippi 39046

Kingston Place

101 Doris Francis Blvd, Canton, Mississippi 39046

Sam Estes Estates

101 King Ranch Circle, Canton, Mississippi 39208

Madison Heights Apartments

707 Mace St, Canton, Mississippi 39046

Park View Estates

100 Parkview Dr, Canton, Mississippi 39046

Academy Street Apartments

ACADEMY ST, Canton, Mississippi 39046

Royal Estates Apartments

1106 Holmes Ave, Canton, Mississippi 39046

Joe Prichard Homes

201 Dobson Ave, Canton, Mississippi 39046

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Canton, Mississippi
$14.70 (+203%) more than Mississippi minimum wage and $14.70 (+203%) more than the Federal minimum wage.
Learn More About Canton, Mississippi Affordable Housing ↓

What HUD offices serve Canton, 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, Family Self-Sufficiency, Section 8 Project-Based Voucher (PBV) programs for Canton, Mississippi.
Operates the Public Housing programs for Canton, Mississippi.

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

How many renters live in Canton, Mississippi?

The City of Canton has 10,951 people living in 4,502 households.

There are 5,833 renters living in 2,677 renter households in this City. Renters make up 53.26 percent of the population living in Canton.

What is the rental market like in Canton, Mississippi?

There are an estimated 4,959 housing units in the Canton area. Of these, 2,838 units are rental homes, making up 57 percent of the housing market. For every renter household in Canton, Mississippi, there are 1 rental units.

What is the vacancy rate for rentals in Canton?

The rental vacancy rate in Canton is 6 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Canton for each bedroom size?

Occupied Rental Units by Size in Canton
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
124 676 1,021 709 130
Occupied Rental Units by Size in Canton

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

Among renter households in this market, 54 percent have housing cost burden. Further, 13 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 Canton

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $996 to $1,564. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $996
One BR $997
Two BR $1,159
Three BR $1,401
Four BR $1,564
2024 Fair Market Rents in Canton, Mississippi

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

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 123 99 percent
One BR 655 97 percent
Two BR 653 64 percent
Rental Units Below FMR in Canton, Mississippi

How many affordable rental units are in Canton?

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

Federal Program Unit Count
Low Income Housing Tax Credit 217
Public Housing 150
Section 8 Project-Based Rental Assistance 101
USDA Section 515 Rural Rental Housing 90
Tracked Units by Federal Program in Canton, Mississippi

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

Income Based Apartments in Canton, Mississippi

Canton features 726 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 Canton, Mississippi

There are 564 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Canton.

Housing Choice Vouchers in Canton, Mississippi

On average, Section 8 Housing Choice vouchers pay Canton landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Canton.

The maximum amount a voucher would pay on behalf of a low-income tenant in Canton, Mississippi for a two-bedroom apartment is between $1,043 and $1,275.

Sourced from federal housing data and AffordableHousingOnline.com research.