What HUD offices serve North Carrollton, 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.
Go to the Mississippi Public Housing and Low-Income Apartments Waiting Lists page for openings near North Carrollton.
How many renters live in North Carrollton, Mississippi?
The City of North Carrollton has people living in households.
There are renters living in renter households in this City. Renters make up 47.49 percent of the population living in North Carrollton.
What is the rental market like in North Carrollton, Mississippi?
There are an estimated housing units in the North Carrollton area. Of these, units are rental homes, making up percent of the housing market. For every renter household in North Carrollton, Mississippi, there are 1.05 rental units.
What is the vacancy rate for rentals in North Carrollton?
The rental vacancy rate in North Carrollton is 5 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.
How many rental units are in North Carrollton for each bedroom size?
Occupied Rental Units by Size in North Carrollton
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 27 | 35 | 16 | 0 |
Occupied Rental Units by Size in North Carrollton
A large number of apartments in North Carrollton have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in North Carrollton
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $721 to $1,219. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $721 |
| One BR | $725 |
| Two BR | $903 |
| Three BR | $1,131 |
| Four BR | $1,219 |
2024 Fair Market Rents in North Carrollton, Mississippi
How many units are rented at Fair Market Rent (FMR) in North Carrollton?
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 | 25 | 93 percent |
| Two BR | 9 | 26 percent |
Rental Units Below FMR in North Carrollton, Mississippi
How many affordable rental units are in North Carrollton?
There are a variety of federal affordable housing programs serving households in North Carrollton, Mississippi including the following:
| Federal Program | Unit Count |
| USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in North Carrollton, Mississippi
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in North Carrollton, Mississippi
North Carrollton 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 North Carrollton, Mississippi
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in North Carrollton.
Housing Choice Vouchers in North Carrollton, Mississippi
On average, Section 8 Housing Choice vouchers pay North Carrollton landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in North Carrollton.
The maximum amount a voucher would pay on behalf of a low-income tenant in North Carrollton, Mississippi for a two-bedroom apartment is between $813 and $993.
Sourced from federal housing data and AffordableHousingOnline.com research.