How many renters live in Prentiss, Mississippi?
The City of Prentiss has people living in households.
There are renters living in renter households in this City. Renters make up 31.17 percent of the population living in Prentiss.
What is the rental market like in Prentiss, Mississippi?
There are an estimated housing units in the Prentiss area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Prentiss, Mississippi, there are 1.06 rental units.
What is the vacancy rate for rentals in Prentiss?
The rental vacancy rate in Prentiss 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 Prentiss for each bedroom size?
Occupied Rental Units by Size in Prentiss
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 21 | 49 | 68 | 0 |
Occupied Rental Units by Size in Prentiss
A large number of apartments in Prentiss have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How many units are rented at Fair Market Rent (FMR) in Prentiss?
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 | 21 | 100 percent |
| Two BR | 40 | 82 percent |
Rental Units Below FMR in Prentiss, Mississippi
How many affordable rental units are in Prentiss?
There are a variety of federal affordable housing programs serving households in Prentiss, Mississippi including the following:
| Federal Program | Unit Count |
| Section 202 Supportive Housing for the Elderly | |
| USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Prentiss, Mississippi
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Prentiss, Mississippi
Prentiss features 66 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 Prentiss, Mississippi
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Prentiss.
Housing Choice Vouchers in Prentiss, Mississippi
On average, Section 8 Housing Choice vouchers pay Prentiss landlords $400 per month towards rent. The average voucher holder contributes $200 towards rent in Prentiss.
The maximum amount a voucher would pay on behalf of a low-income tenant in Prentiss, Mississippi for a two-bedroom apartment is between $813 and $993.
Sourced from federal housing data and AffordableHousingOnline.com research.