Low Income Apartments and Affordable Housing For Rent in Monroe County, MS

Discover affordable housing in Monroe County where there are 15+ 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.

Moore Manor Apartments

500 111th St., Amory, Mississippi 38821

Cardinal Lane Apartments

1001 Cardinal Lane, Aberdeen, Mississippi 39730

Woodruff Manor

900 W Canal St, Aberdeen, Mississippi 39730

North Forest Apartments CO Southern Mgmt

526 Alt Hwy 45 N, Aberdeen, Mississippi 39730

Southview Apartments

307 Hardy St, Aberdeen, Mississippi 39730

Amory Rentals

1103 Lee Ave, Amory, Mississippi 38821

Tschundi Courts

918 Tschudi Rd, Amory, Mississippi 38821

LC Cook Apartments

212 Pullen Lake Rd, Aberdeen, Mississippi 39730

Aberdeen Townhouses

718 Ben Bender Road, Aberdeen, Mississippi

Smithville Meadows C/O Sun Belt Mgmt Co

60677 Smithville Road, Smithville, Mississippi

Tschudi Courts

1000 Tschudi Road, Amory, Mississippi

Timberlake Apts Lp J & a Mgmt Inc

205-a Hwy 145 North, Aberdeen, Mississippi

Pope Apartments Brasfield Eld.

6 Norwood St, Amory, Mississippi 38821

Horace G Howell Apartments

804 Alice St, Aberdeen, Mississippi 39730

Smithville Elderly Parkview

60009 Parkview Dr, Smithville, Mississippi 38870

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Monroe County, 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 Monroe County, Mississippi Affordable Housing ↓

What HUD offices serve Monroe County, 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), Public Housing programs for Monroe County, Mississippi.

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

How many renters live in Monroe County, Mississippi?

The County of Monroe County has 34,168 people living in 13,410 households.

There are 7,318 renters living in 3,275 renter households in this County. Renters make up 21.42 percent of the population living in Monroe County.

What is the rental market like in Monroe County, Mississippi?

There are an estimated 16,739 housing units in the Monroe County area. Of these, 3,578 units are rental homes, making up 21 percent of the housing market. For every renter household in Monroe County, Mississippi, there are 1 rental units.

What is the vacancy rate for rentals in Monroe County?

The rental vacancy rate in Monroe County is 7 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 Monroe County for each bedroom size?

Occupied Rental Units by Size in Monroe County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
114 357 1,232 1,349 189
Occupied Rental Units by Size in Monroe County

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

Among renter households in this market, 34 percent have housing cost burden. Further, 15 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 Monroe County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $775 to $1,347. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $775
One BR $804
Two BR $903
Three BR $1,092
Four BR $1,347
2024 Fair Market Rents in Monroe County, Mississippi

How many units are rented at Fair Market Rent (FMR) in Monroe 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 80 70 percent
One BR 253 71 percent
Two BR 804 65 percent
Rental Units Below FMR in Monroe County, Mississippi

How many affordable rental units are in Monroe County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 198
Public Housing 221
Section 8 Project-Based Rental Assistance 324
USDA Section 515 Rural Rental Housing 181
Tracked Units by Federal Program in Monroe County, Mississippi

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

Income Based Apartments in Monroe County, Mississippi

Monroe County features 624 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 Monroe County, Mississippi

There are 76 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Monroe County.

Housing Choice Vouchers in Monroe County, Mississippi

On average, Section 8 Housing Choice vouchers pay Monroe County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Monroe County.

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

Sourced from federal housing data and AffordableHousingOnline.com research.