. Low Income Apartments For Rent in Sebastopol, Mississippi - Affordable Housing Online

Sebastopol Apartments

690 North St
Sebastopol, Mississippi
Rent Assisted
S. 515 Rural
Showing Results 1-15
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There are 0 low-income apartments in Sebastopol that offer reduced rents to eligible households.

Rental assistance programs support 40 low-income homes in Sebastopol where households pay rent based on how much they earn.

Affordable rent data for some communities last confirmed on October 30th, 2019. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Sebastopol, 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.

Housing Authority Programs
Mississippi Regional Housing Authority No. V Section 8 Housing Choice Voucher (HCV); Public Housing
Go to the Mississippi Public Housing and Low-Income Apartments Waiting Lists page for openings near Sebastopol.

Sebastopol, Mississippi Affordable Housing Data

Income Based Apartments in Sebastopol, Mississippi

Sebastopol features 40 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 Sebastopol, Mississippi

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Sebastopol.

Housing Choice Vouchers in Sebastopol, Mississippi

On average, Section 8 Housing Choice vouchers pay Sebastopol landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Sebastopol.

The maximum amount a voucher would pay on behalf of a low-income tenant in Sebastopol, Mississippi for a two-bedroom apartment is between $689 and $843.

2023 Sebastopol, Mississippi Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Sebastopol, Mississippi Fair Market Rent $578 $582 $766 $932 $1,065
Sebastopol, Mississippi Payment Standard Range $520 to $636 $524 to $640 $689 to $843 $839 to $1,025 $959 to $1,172

Sourced from federal housing data and AffordableHousingOnline.com research.

Sebastopol, MS Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 40
Total Housing Units with Rental Assistance 40
Percentage of Housing Units Occupied By Renters 22.22%
Average Renter Household Size 3.54
Average Household Size 2.91
Median Household Income $58,500 ±$17,317
Median Rent $725 ±$308
Percentage Of Renters Overburdened 37.5% ± 57.5pp
Total Population 314

Population and Household Demographics

Sebastopol is a city in Leake County, Mississippi with a population of 314. There are 108 households in the city with an average household size of 2.91 persons. 22.22% of households in Sebastopol are renters.

Income and Rent Overburden in Sebastopol

The median gross income for households in Sebastopol is $58,500 a year, or $4,875 a month. The median rent for the city is $725 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Sebastopol, a household making less than $2,417 a month would be considered overburdened when renting an apartment at or above the median rent. 37.5% of households who rent are overburdened in Sebastopol.

Area Median Income In Sebastopol

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 Sebastopol, the AMI is calculated from all households within Leake County.

In Sebastopol, HUD calculates the Area Median Income for a family of four as $57,200

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 Sebastopol

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 HUD Rental Assistance in Sebastopol

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Sebastopol AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,580 $19,720 $24,860 $30,000 $33,600 $36,100 $38,600 $41,100
50% AMI Income Limits
Renters earning up to 50% of the Sebastopol AMI may qualify for rental assistance programs that target Very Low Income households.
$21,800 $24,900 $28,000 $31,100 $33,600 $36,100 $38,600 $41,100
80% AMI Income Limits
Renters earning up to 80% of the Sebastopol AMI may qualify for rental assistance programs that target Low Income households.
$34,850 $39,800 $44,800 $49,750 $53,750 $57,750 $61,700 $65,700