What HUD offices serve Itta Bena, 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.
Go to the Mississippi Public Housing and Low-Income Apartments Waiting Lists page for openings near Itta Bena.
How many renters live in Itta Bena, Mississippi?
The City of Itta Bena has people living in households.
There are renters living in renter households in this City. Renters make up 59.07 percent of the population living in Itta Bena.
What is the rental market like in Itta Bena, Mississippi?
There are an estimated housing units in the Itta Bena area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Itta Bena, Mississippi, there are 1.14 rental units.
What is the vacancy rate for rentals in Itta Bena?
The rental vacancy rate in Itta Bena is 8 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 Itta Bena for each bedroom size?
Occupied Rental Units by Size in Itta Bena
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
0 | 92 | 68 | 160 | 53 |
Occupied Rental Units by Size in Itta Bena
A large number of apartments in Itta Bena 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 Itta Bena
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $683 to $1,203. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $683 |
One BR | $687 |
Two BR | $903 |
Three BR | $1,119 |
Four BR | $1,203 |
2024 Fair Market Rents in Itta Bena, Mississippi
How many units are rented at Fair Market Rent (FMR) in Itta Bena?
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 |
One BR | 74 | 80 percent |
Two BR | 60 | 88 percent |
Rental Units Below FMR in Itta Bena, Mississippi
How many affordable rental units are in Itta Bena?
There are a variety of federal affordable housing programs serving households in Itta Bena, Mississippi including the following:
Federal Program | Unit Count |
Section 8 Project-Based Rental Assistance | |
USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Itta Bena, Mississippi
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Itta Bena, Mississippi
Itta Bena 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 Itta Bena, Mississippi
There are 56 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Itta Bena.
Housing Choice Vouchers in Itta Bena, Mississippi
On average, Section 8 Housing Choice vouchers pay Itta Bena landlords $300 per month towards rent. The average voucher holder contributes $300 towards rent in Itta Bena.
The maximum amount a voucher would pay on behalf of a low-income tenant in Itta Bena, Mississippi for a two-bedroom apartment is between $813 and $993.
Sourced from federal housing data and AffordableHousingOnline.com research.