Low Income Apartments and Affordable Housing For Rent in Itta Bena, MS

Discover affordable housing in Itta Bena where there are 8+ 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.

Ivory Lane Apartments

9601 CR 514, Itta Bena, Mississippi 38941

Franklin Coffey Estates

600 County Road 362, Itta Bena, Mississippi 38941

Itta Bena

301 Sunflower Rd, Itta Bena, Mississippi 38941

City of Itta Bena

200 Humphreys St, Itta Bena, Mississippi 38941

Leflore County

RR 1, Itta Bena, Mississippi 38941

Sun Manor Apartments

303 Sunflower Rd, Itta Bena, Mississippi 38941

Sun Manor Lp

Sunflower Rd, Itta Bena, Mississippi 38941

Three Rivers

PO Box 333, Itta Bena, Mississippi 38941

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

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.

Operates the Public Housing programs for Itta Bena, Mississippi.

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 1,532 people living in 605 households.

There are 905 renters living in 373 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 852 housing units in the Itta Bena area. Of these, 424 units are rental homes, making up 50 percent of the housing market. For every renter household in Itta Bena, Mississippi, there are 1 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 many renter households in Itta Bena are overburdened by housing costs?

Among renter households in this market, 55 percent have housing cost burden. Further, 23 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 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 1
USDA Section 515 Rural Rental Housing 32
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.