. Low Income Apartments For Rent in Maben, Mississippi - Affordable Housing Online

Apply to Maben Apartment Waiting Lists

Maben Square Apts

344 2nd Avenue
Maben, Mississippi
Rent Assisted
S. 515 Rural
Showing Results 1-15
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There are 0 low-income apartments in Maben that offer reduced rents to eligible households.

Rental assistance programs support 24 low-income homes in Maben where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $318 towards rent each month.

Affordable rent data for some communities last confirmed on April 23rd, 2021. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Maben, 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.

Housing Authority Programs
Mississippi Regional Housing Authority IV Section 8 Housing Choice Voucher (HCV); Public Housing
Go to the Mississippi Public Housing and Low-Income Apartments Waiting Lists page for openings near Maben.

Maben, Mississippi Affordable Housing Data

Income Based Apartments in Maben, Mississippi

Maben features 24 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 Maben, Mississippi

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

Housing Choice Vouchers in Maben, Mississippi

On average, Section 8 Housing Choice vouchers pay Maben landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Maben.

The maximum amount a voucher would pay on behalf of a low-income tenant in Maben, Mississippi for a two-bedroom apartment is between $798 and $976.

2023 Maben, Mississippi Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Maben, Mississippi Fair Market Rent $752 $785 $887 $1,142 $1,304
Maben, Mississippi Payment Standard Range $677 to $827 $707 to $864 $798 to $976 $1,028 to $1,256 $1,174 to $1,434

Sourced from federal housing data and AffordableHousingOnline.com research.

Maben, MS Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 24
Total Housing Units with Rental Assistance 24
Percentage of Housing Units Occupied By Renters 53.05%
Average Renter Household Size 2.53
Average Household Size 2.58
Median Household Income $14,615 ±$9,195
Median Rent $575 ±$215
Percentage Of Renters Overburdened 62.59% ± 20.23pp
Total Population 677

Population and Household Demographics

Maben is a city in Oktibbeha County, Mississippi with a population of 677. There are 262 households in the city with an average household size of 2.58 persons. 53.05% of households in Maben are renters.

Income and Rent Overburden in Maben

The median gross income for households in Maben is $14,615 a year, or $1,218 a month. The median rent for the city is $575 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Maben, a household making less than $1,917 a month would be considered overburdened when renting an apartment at or above the median rent. 62.59% of households who rent are overburdened in Maben.

Area Median Income In Maben

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 Maben, the AMI is calculated from all households within Oktibbeha County.

In Maben, HUD calculates the Area Median Income for a family of four as $74,200

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 Maben

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 HUD Rental Assistance in Maben

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30% AMI Income Limits
Renters earning up to 30% of the Maben AMI may qualify for rental assistance programs that target Extremely Low Income households.
$15,600 $19,720 $24,860 $30,000 $35,140 $40,280 $45,420 $49,000
50% AMI Income Limits
Renters earning up to 50% of the Maben AMI may qualify for rental assistance programs that target Very Low Income households.
$26,000 $29,700 $33,400 $37,100 $40,100 $43,050 $46,050 $49,000
80% AMI Income Limits
Renters earning up to 80% of the Maben AMI may qualify for rental assistance programs that target Low Income households.
$41,550 $47,500 $53,450 $59,350 $64,100 $68,850 $73,600 $78,350