Low Income Apartments and Affordable Housing For Rent in Stone County, MS

Discover affordable housing in Stone County where there are 6+ 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.

Fairview Manor Apartments

430 Park St, Wiggins, Mississippi 39577

Deerfield Apartments

715 W Miles Ave, Wiggins, Mississippi 39577

Bayou La Batre Voa Housing

Hwy 49, Wiggins, Mississippi 39577

Wiggins Estates

Hope Ave And Swann St, Wiggins, Mississippi 39577

Wiggins Apartments D and J Dev Inc

543 McGregor St S, Wiggins, Mississippi 39577

Auburn Place

611 Auburn St, Wiggins, Mississippi 39577

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Stone County, Mississippi
$17.56/hour
$10.31 (+142%) more than Mississippi minimum wage and $10.31 (+142%) more than the Federal minimum wage.
Learn More About Stone County, Mississippi Affordable Housing ↓

What HUD offices serve Stone County, 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), Section 8 Project-Based Voucher (PBV), Rental Assistance Demonstration (RAD) programs for Stone County, Mississippi.

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

How many renters live in Stone County, Mississippi?

The County of Stone County has 18,360 people living in 6,517 households.

There are 3,637 renters living in 1,438 renter households in this County. Renters make up 19.81 percent of the population living in Stone County.

What is the rental market like in Stone County, Mississippi?

There are an estimated 7,536 housing units in the Stone County area. Of these, 1,550 units are rental homes, making up 21 percent of the housing market. For every renter household in Stone County, Mississippi, there are 1 rental units.

What is the vacancy rate for rentals in Stone County?

The rental vacancy rate in Stone County is 2 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 Stone County for each bedroom size?

Occupied Rental Units by Size in Stone County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
58 142 375 713 150
Occupied Rental Units by Size in Stone County

A large number of apartments in Stone County 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 Stone County are overburdened by housing costs?

Among renter households in this market, 43 percent have housing cost burden. Further, 19 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 Stone County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $678 to $1,456. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $678
One BR $706
Two BR $927
Three BR $1,165
Four BR $1,456
2024 Fair Market Rents in Stone County, Mississippi

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

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 0 100 percent
One BR 112 79 percent
Two BR 286 76 percent
Rental Units Below FMR in Stone County, Mississippi

How many affordable rental units are in Stone County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 66
Section 202 Supportive Housing for the Elderly 1
USDA Section 515 Rural Rental Housing 80
Tracked Units by Federal Program in Stone County, Mississippi

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

Income Based Apartments in Stone County, Mississippi

Stone County features 99 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 Stone County, Mississippi

There are 42 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Stone County.

Housing Choice Vouchers in Stone County, Mississippi

On average, Section 8 Housing Choice vouchers pay Stone County landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Stone County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Stone County, Mississippi for a two-bedroom apartment is between $834 and $1,020.

Sourced from federal housing data and AffordableHousingOnline.com research.