How many renters live in Tylertown, Mississippi?
The City of Tylertown has 2,341 people living in 623 households.
There are 638 renters living in 228 renter households in this City. Renters make up 27.25 percent of the population living in Tylertown.
What is the rental market like in Tylertown, Mississippi?
There are an estimated 764 housing units in the Tylertown area. Of these, 237 units are rental homes, making up 31 percent of the housing market. For every renter household in Tylertown, Mississippi, there are 1 rental units.
What is the vacancy rate for rentals in Tylertown?
The rental vacancy rate in Tylertown is 4 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 Tylertown for each bedroom size?
Occupied Rental Units by Size in Tylertown
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 110 | 68 | 35 | 15 |
Occupied Rental Units by Size in Tylertown
A large number of apartments in Tylertown 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 Tylertown are overburdened by housing costs?
Among renter households in this market, 27 percent have housing cost burden. Further, 15 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 Tylertown
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $747 to $1,219. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $747 |
| One BR | $752 |
| Two BR | $915 |
| Three BR | $1,106 |
| Four BR | $1,219 |
2024 Fair Market Rents in Tylertown, Mississippi
How many units are rented at Fair Market Rent (FMR) in Tylertown?
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 |
| One BR | 107 | 97 percent |
| Two BR | 55 | 81 percent |
Rental Units Below FMR in Tylertown, Mississippi
How many affordable rental units are in Tylertown?
There are a variety of federal affordable housing programs serving households in Tylertown, Mississippi including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 66 |
| USDA Section 515 Rural Rental Housing | 56 |
Tracked Units by Federal Program in Tylertown, Mississippi
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Tylertown, Mississippi
Tylertown features 80 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 Tylertown, Mississippi
There are 34 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Tylertown.
Housing Choice Vouchers in Tylertown, Mississippi
On average, Section 8 Housing Choice vouchers pay Tylertown landlords $400 per month towards rent. The average voucher holder contributes $200 towards rent in Tylertown.
The maximum amount a voucher would pay on behalf of a low-income tenant in Tylertown, Mississippi for a two-bedroom apartment is between $824 and $1,007.
Sourced from federal housing data and AffordableHousingOnline.com research.
