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

Discover affordable housing in Eupora where there are 4+ 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.

Magnolia Apartments

701 Waterworks Rd, Eupora, Mississippi 39744

Southwood Acres

673 Veterans Memorial Blvd, Eupora, Mississippi

Eupora Apartments

511 W ROANE AVE, Eupora, Mississippi 39744

Eupora Early Grove

700 Hwy 9 N, Eupora, Mississippi 39744

Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

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

What HUD offices serve Eupora, 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 programs for Eupora, Mississippi.

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

How many renters live in Eupora, Mississippi?

The City of Eupora has 2,279 people living in 896 households.

There are 637 renters living in 320 renter households in this City. Renters make up 27.95 percent of the population living in Eupora.

What is the rental market like in Eupora, Mississippi?

There are an estimated 1,131 housing units in the Eupora area. Of these, 405 units are rental homes, making up 36 percent of the housing market. For every renter household in Eupora, Mississippi, there are 1 rental units.

What is the vacancy rate for rentals in Eupora?

The rental vacancy rate in Eupora is 21 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 Eupora for each bedroom size?

Occupied Rental Units by Size in Eupora
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
14 100 133 58 15
Occupied Rental Units by Size in Eupora

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

Among renter households in this market, 56 percent have housing cost burden. Further, 33 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 Eupora

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $738 to $1,259. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $738
One BR $742
Two BR $903
Three BR $1,092
Four BR $1,259
2024 Fair Market Rents in Eupora, Mississippi

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

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 5 36 percent
One BR 91 91 percent
Two BR 117 88 percent
Rental Units Below FMR in Eupora, Mississippi

How many affordable rental units are in Eupora?

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

Federal Program Unit Count
Low Income Housing Tax Credit 30
Public Housing 31
USDA Section 515 Rural Rental Housing 76
Tracked Units by Federal Program in Eupora, Mississippi

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

Income Based Apartments in Eupora, Mississippi

Eupora features 112 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 Eupora, Mississippi

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Eupora.

Housing Choice Vouchers in Eupora, Mississippi

On average, Section 8 Housing Choice vouchers pay Eupora landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Eupora.

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

Sourced from federal housing data and AffordableHousingOnline.com research.