Village Manor Apartment

1001 Cotton St
Mount Olive, Mississippi
Subsidized
Assisted
Senior
Supportive
S. 515 Rural
LIHTC
RDRA
Call For Rent
1-2 BR

Olivewood Apartments

400 Kingswood Dr
Mount Olive, Mississippi
Assisted
Senior
Supportive
LIHTC
S. 515 Rural
Income Based
1-2 BR

Kingswood Apartments II

500 Kingswood Dr
Mount Olive, Mississippi
Subsidized
Assisted
Senior
Supportive
S. 515 Rural
RDRA
Call For Rent
1-2 BR

Magnolia Heights Apartments

310 Venus St
Collins, Mississippi
Subsidized
Assisted
Senior
Supportive
LIHTC
S. 515 Rural
RDRA

Collinwood Estates

150 Applewhite Loop
Collins, Mississippi
Assisted
LIHTC
Showing Results 1-5

There are 76 low-income apartments in Covington County that offer reduced rents to eligible households.

Rental assistance programs support 194 low-income homes in Covington County where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $290 towards rent each month.

Affordable rent data for some communities last confirmed on October 30th, 2019. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Covington County, 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
Mississippi Regional Housing Authority VIII Section 8 Housing Choice Voucher (HCV); Section 8 Project-Based Voucher (PBV); Rental Assistance Demonstration (RAD)
Go to the Mississippi Public Housing and Low-Income Apartments Waiting Lists page for openings near Covington County.

Covington County, Mississippi Affordable Housing Data

Income Based Apartments in Covington County, Mississippi

Covington County features 194 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 Covington County, Mississippi

There are 76 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Covington County.

Housing Choice Vouchers in Covington County, Mississippi

On average, Section 8 Housing Choice vouchers pay Covington County landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Covington County.

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

2023 Covington County, 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
Covington County, Mississippi Fair Market Rent $520 $637 $766 $1,089 $1,093
Covington County, Mississippi Payment Standard Range $468 to $572 $573 to $701 $689 to $843 $980 to $1,198 $984 to $1,202

Sourced from federal housing data and AffordableHousingOnline.com research.

Covington County, MS Affordable Housing Snapshot

Total Affordable Apartment Properties 9
Total Low Income Apartments 270
Total Housing Units with Rental Assistance 194
Percentage of Housing Units Occupied By Renters 19.54%
Average Renter Household Size 2.53
Average Household Size 2.76
Median Household Income $31,631 ±$2,413
Median Rent $659 ±$46
Percentage Of Renters Overburdened 35.39% ± 9.41pp
Total Population 19,471

Population and Household Demographics

Covington County is a county in Mississippi with a population of 19,471. There are 6,969 households in the county with an average household size of 2.76 persons. 19.54% of households in Covington County are renters.

Income and Rent Overburden in Covington County

The median gross income for households in Covington County is $31,631 a year, or $2,636 a month. The median rent for the county is $659 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Covington County, a household making less than $2,197 a month would be considered overburdened when renting an apartment at or above the median rent. 35.39% of households who rent are overburdened in Covington County.

Area Median Income In Covington County

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.

In Covington County, HUD calculates the Area Median Income for a family of four as $53,400

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 Covington County

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 Covington County

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 Covington County 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 Covington County 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 Covington County 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