Affordable Housing In Laurel
Jones County Mississippi

15 Low Income Apartment Communities In Laurel

South Park Village Apartments

37 Johnson Circle
Laurel, MS
Income Based
1-4 BR

Palisades Park

105 Buchanon Street
Laurel, MS
Call For Rent
2-3 BR
HCV Welcome

First Avenue Group Home

2513 N 1st Ave
Laurel, MS
Disabled Supportive Housing

Cooks Avenue Apartments

415 Sorrell Dr
Laurel, MS

University Commons Apartments

3804 Barberry Dr
Laurel, MS

Lone Oak Apartments

101 Lone Oak Dr
Laurel, MS
HCV Welcome

Beacon Homes

801 Beacon St
Laurel, MS


307 S Maple St
Laurel, MS

Brown Circle

3 Brown Cir
Laurel, MS

Arco Windsor

410 E 5th St
Laurel, MS

There are 15 low income housing apartment complexes which contain 1,275 affordable apartments for rent in Laurel. Many of these rental apartments are income based housing with 1,013 apartments that set rent based on your income. In Laurel, HUD housing programs support 380 rental assistance apartments through programs like Project-based Section 8. There are 262 other low income apartments that don't have rental assistance but are cheaper than market rate rents.

Housing Authorities that serve Laurel

Housing Authority Programs
The Housing Authority of the City of Laurel Public Housing
Mississippi Regional Housing Authority VIII Section 8 Housing Choice Voucher (HCV); Section 8 Project-Based Voucher (PBV); Rental Assistance Demonstration (RAD)

Guide To Affordable Housing in Laurel, Mississippi

Laurel, MS Affordable Housing Snapshot

Total Affordable Apartment Properties 15
Total Low Income Apartments 1,275
Total Rent Assisted Apartments 1,013
Percentage of Housing Units Occupied By Renters 41.83%
Average Renter Household Size 2.87
Total Population 18,770
Housing Units 6,631
Average Household Size 2.77
Median Household Income $28,516 ±$3,894
Median Rent $545 ±$42
Percentage Of Renters Overburdened 48.7% ± 9.48pp

Population and Household Demographics

Laurel is a City in Jones County, Mississippi with a population of 18,770. There are 6,631 households in the city with an average household size of 2.77 persons. 41.83% of households in Laurel are renters.

Income and Rent Overburden in Laurel

The median gross income for households in Laurel is $28,516 a year, or $2,376 a month. The median rent for the city is $545 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Laurel, a household making less than $1,817 a month would be considered overburdened when renting an apartment at or above the median rent. 48.7% of households who rent are overburdened in Laurel.1

Area Median Income In Laurel

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Laurel, the AMI is calculated from all households within Jones County.

In Laurel, HUD calculates the Area Median Income for a family of four as $62,400

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Laurel

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for Laurel HUD Rental Assistance in Laurel

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,490 $16,910 $21,330 $25,750 $27,950 $30,000 $32,100 $34,150
50% of Median $18,100 $20,700 $23,300 $25,850 $27,950 $30,000 $32,100 $34,150
80% of Median $28,950 $33,100 $37,250 $41,350 $44,700 $48,000 $51,300 $54,600
Low Income Housing Tax Credits in Laurel

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 2000 to 2012, 5 low income apartment communities containing 270 rental apartments have been constructed and made affordable to low income persons in Laurel by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Laurel

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
60% of Median $21,720 $24,840 $27,960 $31,020 $33,540 $36,000 $38,520 $40,980

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Laurel is $27,960 a year, or $2,330 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,330 by 30% to get a maximum rent of $699 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $453 $485 $583 $673 $750 $828
60% $543 $582 $699 $807 $900 $994
Fair Market Rents in Laurel

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2019 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$465 $567 $724 $907 $979