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

Discover affordable housing in Columbia where there are 12+ 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.

Southern Manor Apartments

1020 Alberta Ave, Columbia, Mississippi 39429

East Columbia Apartments

717 Mississippi Ave, Columbia, Mississippi 39429

Marion Apartments L P

211 Pittman Ave, Columbia, Mississippi 39429

Catherine Manor Apartments

202 Second St, Columbia, Mississippi 39429

Columbia Development

1501 Hendricks St, Columbia, Mississippi 39429

Dan Stepney Homes

27 Harrison Jefferson Dr, Columbia, Mississippi 39429

Pearl River Estates

1527 Hale St, Columbia, Mississippi 39429

Bassfield Apartments Llc

Bassfield Apt, Columbia, Mississippi 39429

Marion Manor Apartments

1107 Martin Luther King Dr, Columbia, Mississippi 39429

Marion Manor

Martin Luther Rd, Columbia, Mississippi 39429

Golden Age Estates

John Fortenberry And Hwy 13 S, Columbia, Mississippi 39429

Northwood Villa Apartments

1500 Barners Ave, Columbia, Mississippi 0

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

What HUD offices serve Columbia, 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), Section 8 Project-Based Voucher (PBV), Rental Assistance Demonstration (RAD) programs for Columbia, Mississippi.

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

How many renters live in Columbia, Mississippi?

The City of Columbia has 5,831 people living in 1,989 households.

There are 2,088 renters living in 803 renter households in this City. Renters make up 35.81 percent of the population living in Columbia.

What is the rental market like in Columbia, Mississippi?

There are an estimated 2,592 housing units in the Columbia area. Of these, 871 units are rental homes, making up 34 percent of the housing market. For every renter household in Columbia, Mississippi, there are 1 rental units.

What is the vacancy rate for rentals in Columbia?

The rental vacancy rate in Columbia 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 Columbia for each bedroom size?

Occupied Rental Units by Size in Columbia
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
56 317 128 231 71
Occupied Rental Units by Size in Columbia

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

Among renter households in this market, 49 percent have housing cost burden. Further, 17 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 Columbia

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $694 to $1,242. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $694
One BR $698
Two BR $903
Three BR $1,092
Four BR $1,242
2024 Fair Market Rents in Columbia, Mississippi

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

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 23 41 percent
One BR 270 85 percent
Two BR 62 48 percent
Rental Units Below FMR in Columbia, Mississippi

How many affordable rental units are in Columbia?

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

Federal Program Unit Count
Low Income Housing Tax Credit 64
Section 8 Project-Based Rental Assistance 112
USDA Section 515 Rural Rental Housing 116
Tracked Units by Federal Program in Columbia, Mississippi

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

Income Based Apartments in Columbia, Mississippi

Columbia features 410 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 Columbia, Mississippi

There are 62 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Columbia.

Housing Choice Vouchers in Columbia, Mississippi

On average, Section 8 Housing Choice vouchers pay Columbia landlords $600 per month towards rent. The average voucher holder contributes $200 towards rent in Columbia.

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

Sourced from federal housing data and AffordableHousingOnline.com research.