Affordable Housing In Natchez
Adams County, Mississippi

23 Low Income Apartment Communities In Natchez

Oak Ridge Manor Apartments

215 McNeely Rd
Natchez, MS
Income Based
1-3 BR
Subsidized

Riverbreeze Manor Apartments

144 N Shields Ln
Natchez, MS
Income Based
1-3 BR
Subsidized

Holiday Apartments

601 Old Washington Rd
Natchez, MS
Subsidized

Saint Francis Apartments

315 Lumber St
Natchez, MS
62+
Accessible
Elderly Supportive Housing
Subsidized

Cedarhurst Homes

201 Lumber St
Natchez, MS
Subsidized

Susie B West Apartments

137 Lewis Drive
Natchez, MS
Subsidized

Susie B West Apartments

137 Lewis Drive
Natchez, MS
Subsidized

Cambridge Heights

311 Dumas Dr
Natchez, MS
Subsidized

Jeffersonian Apartments

14 T Waring Bennett Jr Rd
Natchez, MS
Subsidized

Village Green Apartments

105 Creek Bend Rd
Natchez, MS
Subsidized

Housing Authorities that serve Natchez

Housing Authority Programs
The Housing Authority of the City of Natchez Public Housing

Guide To Affordable Housing in Natchez, Mississippi

According to federal housing data and AffordableHousingOnline.com research, there are 23 low income housing apartment communities offering 1,515 affordable apartments for rent in Natchez, Mississippi. Natchez features 1,230 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 285 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Natchez.

Natchez, MS Affordable Housing Snapshot

Total Affordable Apartment Properties 23
Total Low Income Apartments 1,515
Total Housing Units with Rental Assistance 1,230
Percentage of Housing Units Occupied By Renters 44.34%
Average Renter Household Size 2.40
Average Household Size 2.38
Median Household Income $28,549 ±$2,765
Median Rent $578 ±$43
Percentage Of Renters Overburdened 41.12% ± 7pp
Total Population 15,474

Population and Household Demographics

Natchez is a City in Adams County, Mississippi with a population of 15,474. There are 6,347 households in the city with an average household size of 2.38 persons. 44.34% of households in Natchez are renters.

Income and Rent Overburden in Natchez

The median gross income for households in Natchez is $28,549 a year, or $2,379 a month. The median rent for the city is $578 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Natchez, a household making less than $1,927 a month would be considered overburdened when renting an apartment at or above the median rent. 41.12% of households who rent are overburdened in Natchez.1

Area Median Income In Natchez

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 Natchez, the AMI is calculated from all households within Adams County.

In Natchez, HUD calculates the Area Median Income for a family of four as $40,200

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 Natchez

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 Natchez HUD Rental Assistance in Natchez

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,490 $16,910 $21,330 $24,750 $26,750 $28,750 $30,700 $32,700
50% of Median $17,350 $19,800 $22,300 $24,750 $26,750 $28,750 $30,700 $32,700
80% of Median $27,750 $31,700 $35,650 $39,600 $42,800 $45,950 $49,150 $52,300
Low Income Housing Tax Credits in Natchez

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1995 to 2012, 9 low income apartment communities containing 314 rental apartments have been constructed and made affordable to low income persons in Natchez by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Natchez

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $17,350 $19,800 $22,300 $24,750 $26,750 $28,750 $30,700 $32,700
60% of Median $20,820 $23,760 $26,760 $29,700 $32,100 $34,500 $36,840 $39,240

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Natchez is $26,760 a year, or $2,230 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,230 by 30% to get a maximum rent of $669 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $434 $464 $558 $644 $719 $793
60% $521 $557 $669 $773 $863 $951
Fair Market Rents in Natchez

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$509 $546 $679 $846 $948