How many renters live in Sledge, Mississippi?
The City of Sledge has people living in households.
There are renters living in renter households in this City. Renters make up 31.55 percent of the population living in Sledge.
What is the rental market like in Sledge, Mississippi?
There are an estimated housing units in the Sledge area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Sledge, Mississippi, there are 1 rental units.
What is the vacancy rate for rentals in Sledge?
The rental vacancy rate in Sledge 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 Sledge for each bedroom size?
Occupied Rental Units by Size in Sledge
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 0 | 25 | 20 | 4 |
Occupied Rental Units by Size in Sledge
A large number of apartments in Sledge 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 Sledge
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $683 to $1,532. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $683 |
| One BR | $687 |
| Two BR | $903 |
| Three BR | $1,203 |
| Four BR | $1,532 |
2024 Fair Market Rents in Sledge, Mississippi
How many units are rented at Fair Market Rent (FMR) in Sledge?
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 |
| Two BR | 23 | 92 percent |
Rental Units Below FMR in Sledge, Mississippi
How many affordable rental units are in Sledge?
Income Based Apartments in Sledge, Mississippi
Sledge features 0 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 Sledge, Mississippi
There are 48 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Sledge.
Housing Choice Vouchers in Sledge, Mississippi
On average, Section 8 Housing Choice vouchers pay Sledge landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Sledge.
The maximum amount a voucher would pay on behalf of a low-income tenant in Sledge, Mississippi for a two-bedroom apartment is between $813 and $993.
Sourced from federal housing data and AffordableHousingOnline.com research.