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

Apply to Smithville Apartment Waiting Lists

Smithville Meadows C/O Sun Belt Mgmt Co

60677 Smithville Road
Smithville, Mississippi
Rent Assisted
S. 515 Rural

Smithville Elderly Parkview

60009 Parkview Dr
Smithville, Mississippi
Rent Assisted
Showing Results 1-15
  • «
  • 1
  • »

There are 16 low-income apartments in Smithville that offer reduced rents to eligible households.

Rental assistance programs support 16 low-income homes in Smithville where households pay rent based on how much they earn.

Affordable rent data for some communities last confirmed on April 23rd, 2021. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Smithville, 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
Tennessee Valley Regional Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
Go to the Mississippi Public Housing and Low-Income Apartments Waiting Lists page for openings near Smithville.

Smithville, Mississippi Affordable Housing Data

Income Based Apartments in Smithville, Mississippi

Smithville features 16 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 Smithville, Mississippi

There are 16 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Smithville.

Housing Choice Vouchers in Smithville, Mississippi

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

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

2023 Smithville, 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
Smithville, Mississippi Fair Market Rent $643 $644 $766 $932 $1,146
Smithville, Mississippi Payment Standard Range $579 to $707 $580 to $708 $689 to $843 $839 to $1,025 $1,031 to $1,261

Sourced from federal housing data and AffordableHousingOnline.com research.

Smithville, MS Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 32
Total Housing Units with Rental Assistance 16
Percentage of Housing Units Occupied By Renters 40.13%
Average Renter Household Size 2.04
Average Household Size 2.32
Median Household Income $37,583 ±$11,923
Median Rent $584 ±$113
Percentage Of Renters Overburdened 32.5% ± 16.91pp
Total Population 695

Population and Household Demographics

Smithville is a city in Monroe County, Mississippi with a population of 695. There are 299 households in the city with an average household size of 2.32 persons. 40.13% of households in Smithville are renters.

Income and Rent Overburden in Smithville

The median gross income for households in Smithville is $37,583 a year, or $3,132 a month. The median rent for the city is $584 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Smithville, a household making less than $1,947 a month would be considered overburdened when renting an apartment at or above the median rent. 32.5% of households who rent are overburdened in Smithville.

Area Median Income In Smithville

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 Smithville, the AMI is calculated from all households within Monroe County.

In Smithville, HUD calculates the Area Median Income for a family of four as $70,300

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 Smithville

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 Smithville

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 Smithville AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,580 $19,720 $24,860 $30,000 $35,140 $38,250 $40,900 $43,500
50% AMI Income Limits
Renters earning up to 50% of the Smithville AMI may qualify for rental assistance programs that target Very Low Income households.
$23,100 $26,400 $29,700 $32,950 $35,600 $38,250 $40,900 $43,500
80% AMI Income Limits
Renters earning up to 80% of the Smithville AMI may qualify for rental assistance programs that target Low Income households.
$36,900 $42,200 $47,450 $52,700 $56,950 $61,150 $65,350 $69,600