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

Discover affordable housing in Como where there are 5+ 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.

Azria Lewers & Jessie J. Lyons Manor

106 Creek Drive, Como, Mississippi 38619

bed 1
payment Subsidized
elderly Senior
accessibility Accessible

Como Properties Ltd Heather Est

Warren Street, Como, Mississippi

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Town of Como

300 Church St, Como, Mississippi 38619

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Town of Como

100 Chunch St Exended, Como, Mississippi 38619

Como - New Construction ( Rental )

Church St Ext, Como, Mississippi 38619

How To Identify Affordable Housing in Como, Mississippi

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Como, Mississippi
$17.33/hour
$10.08 (+139%) more than Mississippi minimum wage and $10.08 (+139%) more than the Federal minimum wage.
Learn More About Como, Mississippi Affordable Housing ↓

How many renters live in Como, Mississippi?

The City of Como has people living in households.

There are renters living in renter households in this City. Renters make up 65.8 percent of the population living in Como.

What is the rental market like in Como, Mississippi?

There are an estimated housing units in the Como area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Como, Mississippi, there are 1.12 rental units.

What is the vacancy rate for rentals in Como?

The rental vacancy rate in Como is 11 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 Como for each bedroom size?

Occupied Rental Units by Size in Como
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
139 27 101 91 8
Occupied Rental Units by Size in Como

A large number of apartments in Como have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Como

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $620 to $1,553. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $620
One BR $752
Two BR $915
Three BR $1,198
Four BR $1,553
2024 Fair Market Rents in Como, Mississippi

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

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 128 92 percent
One BR 17 63 percent
Two BR 35 35 percent
Rental Units Below FMR in Como, Mississippi

How many affordable rental units are in Como?

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

Federal Program Unit Count
Section 202 Supportive Housing for the Elderly
Tracked Units by Federal Program in Como, Mississippi

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

Income Based Apartments in Como, Mississippi

Como features 52 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 Como, Mississippi

There are 42 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Como.

Housing Choice Vouchers in Como, Mississippi

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Como, Mississippi for a two-bedroom apartment is between $824 and $1,007.

Sourced from federal housing data and AffordableHousingOnline.com research.

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