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

Discover affordable housing in Greenville where there are 26+ 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 Terrace

840 N Theobald St, Greenville, Mississippi 38701

Plantation Townhome

527 Tennessee Gas Rd, Greenville, Mississippi 38701

South Park Ests

2590 Sharon Ln, Greenville, Mississippi 38701

Robertson Residential Center

553 S Broadway St, Greenville, Mississippi 38701

Villa Elizabeth

141 N Hinds St, Greenville, Mississippi 38701

George E Lewis Estates

2264 Etta Ln, Greenville, Mississippi 38703

Broadway Estates

615 Deaton St, Greenville, Mississippi 38701

Delta Terrace Apartments

810 S Theobald St, Greenville, Mississippi 38701

Delta Towers

638 Main St, Greenville, Mississippi 38701

Northland Village Apartments

633 Lacey St, Greenville, Mississippi 38701

Broadway Estates

929 N Broadway St, Greenville, Mississippi 38701

Bannerman Manor

1987 King Evans Dr, Greenville, Mississippi 38703

City of Greenville

1143 S Theobald St, Greenville, Mississippi 38701

Riverwalk Apartments Phase II

738 W Union St, Greenville, Mississippi 38701

Greater Greenville Housing

PO Box 933, Greenville, Mississippi 38702

Cauley Estates

834 Cauley Cv, Greenville, Mississippi 38703

Greenville Housing I

1010 S Theobald St, Greenville, Mississippi 38701

Chatham Villas II Llc

941 E Chatham Dr, Greenville, Mississippi 38701

Greater Greenville Housing and Revitalizat

734 Highway 82 W, Greenville, Mississippi 38701

Chatham Villas I Llc

821 W Chatham Dr, Greenville, Mississippi 38701

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

How many renters live in Greenville, Mississippi?

The City of Greenville has 29,495 people living in 11,487 households.

There are 15,311 renters living in 5,469 renter households in this City. Renters make up 51.91 percent of the population living in Greenville.

What is the rental market like in Greenville, Mississippi?

There are an estimated 14,041 housing units in the Greenville area. Of these, 6,034 units are rental homes, making up 43 percent of the housing market. For every renter household in Greenville, Mississippi, there are 1 rental units.

What is the vacancy rate for rentals in Greenville?

The rental vacancy rate in Greenville is 9 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 Greenville for each bedroom size?

Occupied Rental Units by Size in Greenville
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
310 884 1,426 2,510 319
Occupied Rental Units by Size in Greenville

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

Among renter households in this market, 52 percent have housing cost burden. Further, 28 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 Greenville

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $668 to $1,463. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $668
One BR $773
Two BR $903
Three BR $1,249
Four BR $1,463
2024 Fair Market Rents in Greenville, Mississippi

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

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 175 56 percent
One BR 574 65 percent
Two BR 1,058 74 percent
Rental Units Below FMR in Greenville, Mississippi

How many affordable rental units are in Greenville?

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

Federal Program Unit Count
Low Income Housing Tax Credit 261
Section 8 Project-Based Rental Assistance 350
Section 202 Supportive Housing for the Elderly 1
Section 811 Supportive Housing for Persons with Disabilities 12
USDA Section 515 Rural Rental Housing 48
Tracked Units by Federal Program in Greenville, Mississippi

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

Income Based Apartments in Greenville, Mississippi

Greenville features 542 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 Greenville, Mississippi

There are 303 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Greenville.

Housing Choice Vouchers in Greenville, Mississippi

On average, Section 8 Housing Choice vouchers pay Greenville landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Greenville.

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

Sourced from federal housing data and AffordableHousingOnline.com research.