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

Discover affordable housing in Leakesville where there are 3+ 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.

Magnolia Apartments Sun Belt Mgmt Co

2001 2nd St, Leakesville, Mississippi 39451

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Turner Memorial Retirement Center

32654 Highway 57, Leakesville, Mississippi 39451

switch_access_shortcut Short Wait

McIntosh Homes

1320 Highway 63 N, Leakesville, Mississippi 39451

bed 1-2
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

How To Identify Affordable Housing in Leakesville, Mississippi

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Leakesville, 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 Leakesville, Mississippi Affordable Housing ↓

What HUD offices serve Leakesville, 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), Section 8 Project-Based Voucher (PBV), Rental Assistance Demonstration (RAD) programs for Leakesville, Mississippi.

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

How many renters live in Leakesville, Mississippi?

The City of Leakesville has people living in households.

There are renters living in renter households in this City. Renters make up 13.2 percent of the population living in Leakesville.

What is the rental market like in Leakesville, Mississippi?

There are an estimated housing units in the Leakesville area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Leakesville, Mississippi, there are 1.12 rental units.

What is the vacancy rate for rentals in Leakesville?

The rental vacancy rate in Leakesville is 11 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 Leakesville for each bedroom size?

Occupied Rental Units by Size in Leakesville
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
4 25 92 128 0
Occupied Rental Units by Size in Leakesville

A large number of apartments in Leakesville 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 Leakesville

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $700 to $1,219. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $700
One BR $704
Two BR $903
Three BR $1,092
Four BR $1,219
2024 Fair Market Rents in Leakesville, Mississippi

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

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 3 75 percent
One BR 22 88 percent
Two BR 78 85 percent
Rental Units Below FMR in Leakesville, Mississippi

How many affordable rental units are in Leakesville?

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

Federal Program Unit Count
Public Housing
Section 8 Project-Based Rental Assistance
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Leakesville, Mississippi

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

Income Based Apartments in Leakesville, Mississippi

Leakesville features 85 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 Leakesville, Mississippi

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

Housing Choice Vouchers in Leakesville, Mississippi

On average, Section 8 Housing Choice vouchers pay Leakesville landlords $600 per month towards rent. The average voucher holder contributes $200 towards rent in Leakesville.

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

Sourced from federal housing data and AffordableHousingOnline.com research.

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