Low Income Apartments and Affordable Housing For Rent in Hancock County, MS

Discover affordable housing in Hancock County where there are 15+ 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.

Sheffield Park

635 Carroll Avenue, Bay Saint Louis, Mississippi 39520

Blue Meadow Apartments

752 Blue Meadow Rd, Bay Saint Louis, Mississippi 39520

Waveview Place Apartments

100 Auderer Blvd, Waveland, Mississippi 39576

Waveland Manor Apartments

198 Auderer Blvd, Waveland, Mississippi 39576

Easterbrook Apartments

590 Easterbrook St, Bay St Louis, Mississippi 39520

Notre Dame de la Mer

292 Highway 90, Bay Saint Louis, Mississippi 39520

The Ridge at Waveland

548 Highway 90, Waveland, Mississippi 39576

Pine Shadow Apartments

1705 Waveland Ave, Waveland, Mississippi 39576

Bayside Apartments Sun Belt Mgmt Co

701 Union St, Bay St Louis, Mississippi 39520

Pinecrest Manor

1303 Bloom Pl, Waveland, Mississippi 39576

Oak Haven Apartments

1200 Russell Dr, Waveland, Mississippi 39576

The Gates at Coralbay

616 Highway 90, Waveland, Mississippi 39576

Bay Park Apartments, Phase II

10 Bay Park Way, Bay St Louis, Mississippi 39520

Bay Pines

601 Bienville Dr, Bay St Louis, Mississippi 39520

Bay Pines Apartments

703 Shieldsborough Dr, Bay St Louis, Mississippi 39520

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Hancock County, Mississippi
$14.55 (+201%) more than Mississippi minimum wage and $14.55 (+201%) more than the Federal minimum wage.
Learn More About Hancock County, Mississippi Affordable Housing ↓

What HUD offices serve Hancock 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.

Operates the Section 8 Housing Choice Voucher (HCV), Section 8 Project-Based Voucher (PBV), Rental Assistance Demonstration (RAD) programs for Hancock County, Mississippi.

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

How many renters live in Hancock County, Mississippi?

The County of Hancock County has 46,010 people living in 19,386 households.

There are 8,971 renters living in 3,742 renter households in this County. Renters make up 19.5 percent of the population living in Hancock County.

What is the rental market like in Hancock County, Mississippi?

There are an estimated 22,895 housing units in the Hancock County area. Of these, 4,295 units are rental homes, making up 19 percent of the housing market. For every renter household in Hancock County, Mississippi, there are 1 rental units.

What is the vacancy rate for rentals in Hancock County?

The rental vacancy rate in Hancock County is 12 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 Hancock County for each bedroom size?

Occupied Rental Units by Size in Hancock County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
63 394 1,036 2,033 210
Occupied Rental Units by Size in Hancock County

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

Among renter households in this market, 39 percent have housing cost burden. Further, 17 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 Hancock County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $825 to $1,626. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $825
One BR $923
Two BR $1,151
Three BR $1,525
Four BR $1,626
2024 Fair Market Rents in Hancock County, Mississippi

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

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 48 76 percent
One BR 306 78 percent
Two BR 658 64 percent
Rental Units Below FMR in Hancock County, Mississippi

How many affordable rental units are in Hancock County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 871
Section 8 Project-Based Rental Assistance 60
USDA Section 515 Rural Rental Housing 222
Tracked Units by Federal Program in Hancock County, Mississippi

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

Income Based Apartments in Hancock County, Mississippi

Hancock County features 382 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 Hancock County, Mississippi

There are 804 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Hancock County.

Housing Choice Vouchers in Hancock County, Mississippi

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Hancock County, Mississippi for a two-bedroom apartment is between $1,036 and $1,266.

Sourced from federal housing data and AffordableHousingOnline.com research.