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

Discover affordable housing in Waynesboro where there are 5+ 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.

Lake Manor Apartments

239 Ramey Ln, Waynesboro, Mississippi 39367

Fieldcrest Apartments

135 Russell Drive, Waynesboro, Mississippi 39367

Magnolia Trace Apartments

231 Ramey Ln, Waynesboro, Mississippi 39367

Waynesboro Apartments

601 Gray St, Waynesboro, Mississippi 39367

Lakeway

1069 Wayne St, Waynesboro, Mississippi 39367

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Waynesboro, 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 Waynesboro, Mississippi Affordable Housing ↓

What HUD offices serve Waynesboro, 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 Waynesboro, Mississippi.
Operates the Public Housing programs for Waynesboro, Mississippi.

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

How many renters live in Waynesboro, Mississippi?

The City of Waynesboro has 4,576 people living in 1,788 households.

There are 1,575 renters living in 415 renter households in this City. Renters make up 34.42 percent of the population living in Waynesboro.

What is the rental market like in Waynesboro, Mississippi?

There are an estimated 2,311 housing units in the Waynesboro area. Of these, 453 units are rental homes, making up 20 percent of the housing market. For every renter household in Waynesboro, Mississippi, there are 1 rental units.

What is the vacancy rate for rentals in Waynesboro?

The rental vacancy rate in Waynesboro is 8 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Waynesboro for each bedroom size?

Occupied Rental Units by Size in Waynesboro
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
77 41 146 134 17
Occupied Rental Units by Size in Waynesboro

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

Among renter households in this market, 64 percent have housing cost burden. Further, 46 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 Waynesboro

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $738 to $1,219. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $738
One BR $742
Two BR $903
Three BR $1,092
Four BR $1,219
2024 Fair Market Rents in Waynesboro, Mississippi

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

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 77 100 percent
One BR 14 34 percent
Two BR 105 72 percent
Rental Units Below FMR in Waynesboro, Mississippi

How many affordable rental units are in Waynesboro?

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

Federal Program Unit Count
Low Income Housing Tax Credit 59
Public Housing 50
Section 8 Project-Based Rental Assistance 100
USDA Section 515 Rural Rental Housing 48
Tracked Units by Federal Program in Waynesboro, Mississippi

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

Income Based Apartments in Waynesboro, Mississippi

Waynesboro features 158 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 Waynesboro, Mississippi

There are 92 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Waynesboro.

Housing Choice Vouchers in Waynesboro, Mississippi

On average, Section 8 Housing Choice vouchers pay Waynesboro landlords $600 per month towards rent. The average voucher holder contributes $200 towards rent in Waynesboro.

The maximum amount a voucher would pay on behalf of a low-income tenant in Waynesboro, Mississippi for a two-bedroom apartment is between $813 and $993.

Sourced from federal housing data and AffordableHousingOnline.com research.