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

Discover affordable housing in Grenada where there are 13+ 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.

All Saints House

480 South Main Street, Grenada, Mississippi 38901

bed Studio-1
payment Subsidized
elderly Senior

Greater Powell Place

966 W. Govan Street, Grenada, Mississippi 38901

bed 1
elderly Senior

Washington Garden Apartments

800 Washington St, Grenada, Mississippi 38901

payment Subsidized
accessibility Accessible

Grenada Estates, LLC

138 Perry Road, Grenada, Mississippi 38901

bed 2-3
payment $602-750/mo.
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Federation Towers

760 E Govan Ext, Grenada, Mississippi 38901

payment Subsidized

Pine Hill Apartments

700 Washington St, Grenada, Mississippi 38901

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

90 Widows Rd

90 Widows Rd, Grenada, Mississippi 38901

bed 2
payment $775/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

Peppertree Apartments

876 W Govan St, Grenada, Mississippi 38901

switch_access_shortcut Short Wait
accessibility Accessible

GREATER POWELL'S PLACE

966 W GOVAN ST, Grenada, Mississippi 38901

bed 1
payment Subsidized
elderly Senior
accessibility Accessible

Hillcrest Apartments

656 Bell St, Grenada, Mississippi 38901

payment Subsidized

Sundown Gardens

79 Garden Dr, Grenada, Mississippi 38901

switch_access_shortcut Short Wait
accessibility Accessible

Mcmath Apartments

850 Washington St, Grenada, Mississippi 38901

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Sunset Townhouses

920 Chickasaw Dr, Grenada, Mississippi

switch_access_shortcut Short Wait

How To Identify Affordable Housing in Grenada, 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.
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 Grenada, Mississippi
$17.16/hour
$9.91 (+137%) more than Mississippi minimum wage and $9.91 (+137%) more than the Federal minimum wage.
Learn More About Grenada, Mississippi Affordable Housing ↓

What HUD offices serve Grenada, 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 Grenada, Mississippi.

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

How many renters live in Grenada, Mississippi?

The City of Grenada has people living in households.

There are renters living in renter households in this City. Renters make up 42.9 percent of the population living in Grenada.

What is the rental market like in Grenada, Mississippi?

There are an estimated housing units in the Grenada area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Grenada, Mississippi, there are 1.29 rental units.

What is the vacancy rate for rentals in Grenada?

The rental vacancy rate in Grenada is 23 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 Grenada for each bedroom size?

Occupied Rental Units by Size in Grenada
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
74 263 836 760 121
Occupied Rental Units by Size in Grenada

A large number of apartments in Grenada 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 Grenada

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $685 to $1,237. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $685
One BR $690
Two BR $906
Three BR $1,100
Four BR $1,237
2024 Fair Market Rents in Grenada, Mississippi

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

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 55 74 percent
One BR 212 81 percent
Two BR 454 54 percent
Rental Units Below FMR in Grenada, Mississippi

How many affordable rental units are in Grenada?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Section 202 Supportive Housing for the Elderly
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Grenada, Mississippi

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

Income Based Apartments in Grenada, Mississippi

Grenada features 424 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 Grenada, Mississippi

There are 170 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Grenada.

Housing Choice Vouchers in Grenada, Mississippi

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Grenada, Mississippi for a two-bedroom apartment is between $815 and $997.

Sourced from federal housing data and AffordableHousingOnline.com research.

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