Low Income Apartments and Affordable Housing For Rent in Sebastopol, MS

Discover affordable housing in Sebastopol where there are 1+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Sebastopol Apartments

690 North St, Sebastopol, Mississippi 39359

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Sebastopol, Mississippi
$17.10/hour
$9.85 (+136%) more than Mississippi minimum wage and $9.85 (+136%) more than the Federal minimum wage.
Learn More About Sebastopol, Mississippi Affordable Housing ↓

What HUD offices serve 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.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Sebastopol, Mississippi.

Go to the Mississippi Public Housing and Low-Income Apartments Waiting Lists page for openings near Sebastopol.

How many renters live in Sebastopol, Mississippi?

The City of Sebastopol has 267 people living in 98 households.

There are 158 renters living in 45 renter households in this City. Renters make up 59.18 percent of the population living in Sebastopol.

What is the rental market like in Sebastopol, Mississippi?

There are an estimated 102 housing units in the Sebastopol area. Of these, 45 units are rental homes, making up 44 percent of the housing market. For every renter household in Sebastopol, Mississippi, there are 1 rental units.

What is the vacancy rate for rentals in Sebastopol?

The rental vacancy rate in Sebastopol is 0 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 Sebastopol for each bedroom size?

Occupied Rental Units by Size in Sebastopol
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
2 0 30 8 5
Occupied Rental Units by Size in Sebastopol

A large number of apartments in Sebastopol have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Sebastopol are overburdened by housing costs?

Among renter households in this market, 20 percent have housing cost burden. Further, 9 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Sebastopol

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $713 to $1,284. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $713
One BR $718
Two BR $935
Three BR $1,131
Four BR $1,284
2024 Fair Market Rents in Sebastopol, Mississippi

How many units are rented at Fair Market Rent (FMR) in Sebastopol?

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 2 100 percent
Two BR 18 60 percent
Rental Units Below FMR in Sebastopol, Mississippi

How many affordable rental units are in Sebastopol?

There are a variety of federal affordable housing programs serving households in Sebastopol, Mississippi including the following:

Federal Program Unit Count
Section 8 Project-Based Rental Assistance 1
USDA Section 515 Rural Rental Housing 20
Tracked Units by Federal Program in Sebastopol, Mississippi

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Sebastopol, Mississippi

Sebastopol features 20 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 $813 and $993.

Sourced from federal housing data and AffordableHousingOnline.com research.