Low Income Apartments and Affordable Housing For Rent in Horn Lake, MS

Discover affordable housing in Horn Lake where there are 41+ 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.

Southern Pines

3400 Tulane Rd W, Horn Lake, Mississippi 38637

bed 1
payment Subsidized
elderly Senior
accessibility Accessible

Austin Run Estates

7100 Mallard Creek Dr, Horn Lake, Mississippi 38637

payment Subsidized

The Waverly Apartments

7101 Tulane Rd, Horn Lake, Mississippi 38637

bed 3
payment $1565/mo.

7437 Cliffwood Dr

7437 Cliffwood Dr, Horn Lake, Mississippi 38637

bed 4
payment $1700/mo.

5409 Smallwood Cove

5409 Smallwood Cove, Horn Lake, Mississippi 38637

bed 3
payment $1395/mo.

5669 Cherokee Dr

5669 Cherokee Dr, Horn Lake, Mississippi 38637

bed 3
payment $1600/mo.

5570 Ingleside Dr

5570 Ingleside Dr, Horn Lake, Mississippi 38637

bed 4
payment $1950/mo.

5800 Laurie Dr

5800 Laurie Dr, Horn Lake, Mississippi 38637

bed 3
payment $1400/mo.

6775 Kirkland Cove

6775 Kirkland Cove, Horn Lake, Mississippi 38637

bed 3
payment $1700/mo.

7144 Windsor Dr

7144 Windsor Dr, Horn Lake, Mississippi 38637

bed 4
payment $1865/mo.

7076 Foxhall Dr

7076 Foxhall Dr, Horn Lake, Mississippi 38637

bed 3
payment $1710/mo.

6782 Kirkland Cove

6782 Kirkland Cove, Horn Lake, Mississippi 38637

bed 3
payment $1465/mo.

7083 Foxhall Dr

7083 Foxhall Dr, Horn Lake, Mississippi 38637

bed 3
payment $1675/mo.

6716 Edmonton St

6716 Edmonton St, Horn Lake, Mississippi 38637

bed 3
payment $1710/mo.

4157 Brighton Dr

4157 Brighton Dr, Horn Lake, Mississippi 38637

bed 3
payment $1670/mo.

7384 Eastover Dr

7384 Eastover Dr, Horn Lake, Mississippi 38637

bed 3
payment $1200/mo.

5860 Richard Pl Dr Unit 1

5860 Richard Pl Dr Unit 1, Horn Lake, Mississippi 38637

bed 4
payment $1875/mo.

5177 Brenda Cove

5177 Brenda Cove, Horn Lake, Mississippi 38637

bed 3
payment $1340/mo.

6390 Sandhurst Rd

6390 Sandhurst Rd, Horn Lake, Mississippi 38637

bed 3
payment $1695/mo.

4766 Pacific Cv

4766 Pacific Cv, Horn Lake, Mississippi 38637

bed 4
payment $1950/mo.

How To Identify Affordable Housing in Horn Lake, 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.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Horn Lake, Mississippi
$24.58/hour
$17.33 (+239%) more than Mississippi minimum wage and $17.33 (+239%) more than the Federal minimum wage.
Learn More About Horn Lake, Mississippi Affordable Housing ↓

What HUD offices serve Horn Lake, 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) programs for Horn Lake, Mississippi.

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

How many renters live in Horn Lake, Mississippi?

The City of Horn Lake has people living in households.

There are renters living in renter households in this City. Renters make up 42.8 percent of the population living in Horn Lake.

What is the rental market like in Horn Lake, Mississippi?

There are an estimated housing units in the Horn Lake area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Horn Lake, Mississippi, there are 1.07 rental units.

What is the vacancy rate for rentals in Horn Lake?

The rental vacancy rate in Horn Lake is 6 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Horn Lake for each bedroom size?

Occupied Rental Units by Size in Horn Lake
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
96 408 1,062 2,224 297
Occupied Rental Units by Size in Horn Lake

A large number of apartments in Horn Lake 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 Horn Lake

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,031 to $1,995. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,031
One BR $1,146
Two BR $1,298
Three BR $1,711
Four BR $1,995
2024 Fair Market Rents in Horn Lake, Mississippi

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

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 15 16 percent
One BR 220 54 percent
Two BR 655 62 percent
Rental Units Below FMR in Horn Lake, Mississippi

How many affordable rental units are in Horn Lake?

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

Federal Program Unit Count
Low Income Housing Tax Credit
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 Horn Lake, Mississippi

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

Income Based Apartments in Horn Lake, Mississippi

Horn Lake features 225 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 Horn Lake, Mississippi

There are 240 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Horn Lake.

Housing Choice Vouchers in Horn Lake, Mississippi

On average, Section 8 Housing Choice vouchers pay Horn Lake landlords $1,400 per month towards rent. The average voucher holder contributes $300 towards rent in Horn Lake.

The maximum amount a voucher would pay on behalf of a low-income tenant in Horn Lake, Mississippi for a two-bedroom apartment is between $1,168 and $1,428.

Sourced from federal housing data and AffordableHousingOnline.com research.

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