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

Henry Martin Gardens

112 Friars Point Hwy. 61
Coahoma, Mississippi
S. 202


Coahoma, Mississippi
S. 202
Call For Rent
1 BR

W J Jones Villa Lp CO United Mgmt and Dev Assoc

670 E Second St
Coahoma, Mississippi
Rent Assisted
S. 515 Rural

W.J. Jones Villa

617 E 2nd St
Coahoma, Mississippi
Rent Assisted
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There are 14 low-income apartments in Coahoma that offer reduced rents to eligible households.

Rental assistance programs support 76 low-income homes in Coahoma where households pay rent based on how much they earn.

Affordable rent data for some communities last confirmed on July 24th, 2021. Subdsidized rents typically change once a year based on federal guidance.

Coahoma, Mississippi Affordable Housing Data

Income Based Apartments in Coahoma, Mississippi

Coahoma features 76 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 Coahoma, Mississippi

There are 14 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Coahoma.

Housing Choice Vouchers in Coahoma, Mississippi

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

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

2023 Coahoma, 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
Coahoma, Mississippi Fair Market Rent $600 $678 $766 $1,038 $1,079
Coahoma, Mississippi Payment Standard Range $540 to $660 $610 to $746 $689 to $843 $934 to $1,142 $971 to $1,187

Sourced from federal housing data and AffordableHousingOnline.com research.

Coahoma, MS Affordable Housing Snapshot

Total Affordable Apartment Properties 4
Total Low Income Apartments 90
Total Housing Units with Rental Assistance 76
Percentage of Housing Units Occupied By Renters 36.11%
Average Renter Household Size 2.33
Average Household Size 2.71
Median Household Income $17,083 ±$5,743
Median Rent $333 ±$56
Percentage Of Renters Overburdened 23.08% ± 35.51pp
Total Population 390

Population and Household Demographics

Coahoma is a city in Coahoma County, Mississippi with a population of 390. There are 144 households in the city with an average household size of 2.71 persons. 36.11% of households in Coahoma are renters.

Income and Rent Overburden in Coahoma

The median gross income for households in Coahoma is $17,083 a year, or $1,424 a month. The median rent for the city is $333 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Coahoma, a household making less than $1,110 a month would be considered overburdened when renting an apartment at or above the median rent. 23.08% of households who rent are overburdened in Coahoma.

Area Median Income In Coahoma

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 Coahoma, the AMI is calculated from all households within Coahoma County.

In Coahoma, HUD calculates the Area Median Income for a family of four as $45,800

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 Coahoma

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 Coahoma

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 Coahoma AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,580 $19,720 $24,860 $30,000 $33,600 $36,100 $38,600 $41,100
50% AMI Income Limits
Renters earning up to 50% of the Coahoma AMI may qualify for rental assistance programs that target Very Low Income households.
$21,800 $24,900 $28,000 $31,100 $33,600 $36,100 $38,600 $41,100
80% AMI Income Limits
Renters earning up to 80% of the Coahoma AMI may qualify for rental assistance programs that target Low Income households.
$34,850 $39,800 $44,800 $49,750 $53,750 $57,750 $61,700 $65,700