How many renters live in Jonestown, Mississippi?
The City of Jonestown has people living in households.
There are renters living in renter households in this City. Renters make up 63.82 percent of the population living in Jonestown.
What is the rental market like in Jonestown, Mississippi?
There are an estimated housing units in the Jonestown area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Jonestown, Mississippi, there are 1.08 rental units.
What is the vacancy rate for rentals in Jonestown?
The rental vacancy rate in Jonestown 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 Jonestown for each bedroom size?
Occupied Rental Units by Size in Jonestown
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 41 | 9 | 41 | 89 | 35 |
Occupied Rental Units by Size in Jonestown
A large number of apartments in Jonestown 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 Jonestown
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $752 to $1,371. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $752 |
| One BR | $804 |
| Two BR | $903 |
| Three BR | $1,255 |
| Four BR | $1,371 |
2024 Fair Market Rents in Jonestown, Mississippi
How many units are rented at Fair Market Rent (FMR) in Jonestown?
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 | 41 | 100 percent |
| One BR | 9 | 100 percent |
| Two BR | 41 | 100 percent |
Rental Units Below FMR in Jonestown, Mississippi
How many affordable rental units are in Jonestown?
There are a variety of federal affordable housing programs serving households in Jonestown, Mississippi including the following:
| Federal Program | Unit Count |
| Section 8 Project-Based Rental Assistance |
Tracked Units by Federal Program in Jonestown, Mississippi
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Jonestown, Mississippi
Jonestown features 157 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 Jonestown, Mississippi
There are 32 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Jonestown.
Housing Choice Vouchers in Jonestown, Mississippi
On average, Section 8 Housing Choice vouchers pay Jonestown landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Jonestown.
The maximum amount a voucher would pay on behalf of a low-income tenant in Jonestown, Mississippi for a two-bedroom apartment is between $813 and $993.
Sourced from federal housing data and AffordableHousingOnline.com research.