What HUD offices serve Oxford, 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 Oxford.
How many renters live in Oxford, Mississippi?
The City of Oxford has people living in households.
There are renters living in renter households in this City. Renters make up 56.47 percent of the population living in Oxford.
What is the rental market like in Oxford, Mississippi?
There are an estimated housing units in the Oxford area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Oxford, Mississippi, there are 1.52 rental units.
What is the vacancy rate for rentals in Oxford?
The rental vacancy rate in Oxford is 31 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 Oxford for each bedroom size?
Occupied Rental Units by Size in Oxford
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 290 | 1,100 | 1,900 | 1,603 | 615 |
Occupied Rental Units by Size in Oxford
A large number of apartments in Oxford 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 Oxford
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,050 to $1,675. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,050 |
| One BR | $1,065 |
| Two BR | $1,258 |
| Three BR | $1,521 |
| Four BR | $1,675 |
2024 Fair Market Rents in Oxford, Mississippi
How many units are rented at Fair Market Rent (FMR) in Oxford?
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 | 36 | 12 percent |
| One BR | 740 | 67 percent |
| Two BR | 1,257 | 66 percent |
Rental Units Below FMR in Oxford, Mississippi
How many affordable rental units are in Oxford?
There are a variety of federal affordable housing programs serving households in Oxford, Mississippi including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| Public Housing | |
| Section 8 Project-Based Rental Assistance | |
| USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Oxford, Mississippi
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Oxford, Mississippi
Oxford features 368 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 Oxford, Mississippi
There are 511 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Oxford.
Housing Choice Vouchers in Oxford, Mississippi
On average, Section 8 Housing Choice vouchers pay Oxford landlords $1,400 per month towards rent. The average voucher holder contributes $300 towards rent in Oxford.
The maximum amount a voucher would pay on behalf of a low-income tenant in Oxford, Mississippi for a two-bedroom apartment is between $1,132 and $1,384.
Sourced from federal housing data and AffordableHousingOnline.com research.