How many renters live in Leflore County, Mississippi?
The County of Leflore County has 27,920 people living in 9,656 households.
There are 11,779 renters living in 4,357 renter households in this County. Renters make up 42.19 percent of the population living in Leflore County.
What is the rental market like in Leflore County, Mississippi?
There are an estimated 12,666 housing units in the Leflore County area. Of these, 5,260 units are rental homes, making up 42 percent of the housing market. For every renter household in Leflore County, Mississippi, there are 1 rental units.
What is the vacancy rate for rentals in Leflore County?
The rental vacancy rate in Leflore County is 16 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 Leflore County for each bedroom size?
Occupied Rental Units by Size in Leflore County
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 72 | 957 | 1,185 | 1,869 | 274 |
Occupied Rental Units by Size in Leflore County
A large number of apartments in Leflore County 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 Leflore County are overburdened by housing costs?
Among renter households in this market, 45 percent have housing cost burden. Further, 24 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 Leflore County
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 Leflore County, Mississippi
How many units are rented at Fair Market Rent (FMR) in Leflore County?
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 | 61 | 85 percent |
| One BR | 762 | 80 percent |
| Two BR | 767 | 65 percent |
Rental Units Below FMR in Leflore County, Mississippi
How many affordable rental units are in Leflore County?
There are a variety of federal affordable housing programs serving households in Leflore County, Mississippi including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 756 |
| Public Housing | 478 |
| Section 8 Project-Based Rental Assistance | 659 |
| Section 202 Supportive Housing for the Elderly | 39 |
| Section 811 Supportive Housing for Persons with Disabilities | 16 |
| USDA Section 515 Rural Rental Housing | 370 |
Tracked Units by Federal Program in Leflore County, Mississippi
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Leflore County, Mississippi
Leflore County features 1,368 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 Leflore County, Mississippi
There are 520 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Leflore County.
Housing Choice Vouchers in Leflore County, Mississippi
On average, Section 8 Housing Choice vouchers pay Leflore County landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Leflore County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Leflore County, Mississippi for a two-bedroom apartment is between $813 and $993.
Sourced from federal housing data and AffordableHousingOnline.com research.
