Low Income Apartments and Affordable Housing For Rent in Kilmichael, MS

Discover affordable housing in Kilmichael where there are 1+ 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.

Pine Cabin Apt Ltd

802 Money St, Kilmichael, Mississippi

Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

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

What HUD offices serve Kilmichael, 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), Public Housing programs for Kilmichael, Mississippi.

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

How many renters live in Kilmichael, Mississippi?

The City of Kilmichael has 833 people living in 306 households.

There are 168 renters living in 74 renter households in this City. Renters make up 20.17 percent of the population living in Kilmichael.

What is the rental market like in Kilmichael, Mississippi?

There are an estimated 382 housing units in the Kilmichael area. Of these, 87 units are rental homes, making up 23 percent of the housing market. For every renter household in Kilmichael, Mississippi, there are 1 rental units.

What is the vacancy rate for rentals in Kilmichael?

The rental vacancy rate in Kilmichael is 15 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 Kilmichael for each bedroom size?

Occupied Rental Units by Size in Kilmichael
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
2 6 38 26 2
Occupied Rental Units by Size in Kilmichael

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

Among renter households in this market, 19 percent have housing cost burden. Further, 11 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 Kilmichael

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $775 to $1,219. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $775
One BR $782
Two BR $903
Three BR $1,218
Four BR $1,219
2024 Fair Market Rents in Kilmichael, Mississippi

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

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 0 100 percent
One BR 6 100 percent
Two BR 22 58 percent
Rental Units Below FMR in Kilmichael, Mississippi

How many affordable rental units are in Kilmichael?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 16
Tracked Units by Federal Program in Kilmichael, Mississippi

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

Income Based Apartments in Kilmichael, Mississippi

Kilmichael features 16 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 Kilmichael, Mississippi

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Kilmichael.

Housing Choice Vouchers in Kilmichael, Mississippi

On average, Section 8 Housing Choice vouchers pay Kilmichael landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Kilmichael.

The maximum amount a voucher would pay on behalf of a low-income tenant in Kilmichael, Mississippi for a two-bedroom apartment is between $813 and $993.

Sourced from federal housing data and AffordableHousingOnline.com research.