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

Discover affordable housing in Metcalfe where there are 6+ 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.

Park Center Apartments

101 Martin Luther, Metcalfe, Mississippi 38760

Parkview Arms Apartments

103 Martin Luther, Metcalfe, Mississippi 38760

Bayou Acres

100 Hollande Dr, Metcalfe, Mississippi 38760

Metcalfe Gardens Apartments

102 Moore Dr, Metcalfe, Mississippi 38760

Metcalfe Garden

Bayou Rd, Metcalfe, Mississippi 38760

Estes Street Apartments

100 Scott St, Metcalfe, Mississippi 38760

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Metcalfe, Mississippi
$9.85 (+136%) more than Mississippi minimum wage and $9.85 (+136%) more than the Federal minimum wage.
Learn More About Metcalfe, Mississippi Affordable Housing ↓

How many renters live in Metcalfe, Mississippi?

The City of Metcalfe has 1,079 people living in 375 households.

There are 329 renters living in 151 renter households in this City. Renters make up 30.49 percent of the population living in Metcalfe.

What is the rental market like in Metcalfe, Mississippi?

There are an estimated 472 housing units in the Metcalfe area. Of these, 200 units are rental homes, making up 42 percent of the housing market. For every renter household in Metcalfe, Mississippi, there are 1 rental units.

What is the vacancy rate for rentals in Metcalfe?

The rental vacancy rate in Metcalfe is 25 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 Metcalfe for each bedroom size?

Occupied Rental Units by Size in Metcalfe
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 59 51 35 6
Occupied Rental Units by Size in Metcalfe

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

Among renter households in this market, 53 percent have housing cost burden. Further, 21 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 Metcalfe

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $668 to $1,463. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $668
One BR $773
Two BR $903
Three BR $1,249
Four BR $1,463
2024 Fair Market Rents in Metcalfe, Mississippi

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

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
One BR 59 100 percent
Two BR 26 51 percent
Rental Units Below FMR in Metcalfe, Mississippi

How many affordable rental units are in Metcalfe?

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

Federal Program Unit Count
Section 8 Project-Based Rental Assistance 19
Tracked Units by Federal Program in Metcalfe, Mississippi

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

Income Based Apartments in Metcalfe, Mississippi

Metcalfe features 112 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 Metcalfe, Mississippi

There are 84 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Metcalfe.

Housing Choice Vouchers in Metcalfe, Mississippi

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.