; Low Income Apartments For Rent in Jonestown, MS

Jonestown Manor Lp CO J and a Mgmt

281 S Church St
Jonestown, Mississippi
Subsidized
Rent Assisted
Senior
Supportive
LIHTC
S515
RDRA

Summit Garden Apartments

325 Coldwater River Rd
Jonestown, Mississippi
Subsidized
PBRA
BMIR

Aaron Henry Estates - - Jonestown

402 2nd St
Jonestown, Mississippi
Subsidized
Rent Assisted
Senior
Supportive
PBRA
S515

Lula Courts

4th St
Jonestown, Mississippi
Subsidized
Rent Assisted
Senior
Supportive
LIHTC
S515
RDRA

Jonestown Apts Ltd C/O D P Prop Mgrs

Coldwater River Road
Jonestown, Mississippi
Subsidized
Rent Assisted
Senior
Supportive
S515
RDRA

Elderly Housing Inc Jonestown CO Southland Mgmt

Second and Ganong
Jonestown, Mississippi
Rent Assisted
Senior
Supportive
S515
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There are 32 low-income apartments in Jonestown that offer reduced rents to eligible households.

Rental assistance programs support 157 low-income homes in Jonestown where households pay rent based on how much they earn.

Affordable rent data for some communities last confirmed on June 7th, 2024. Subdsidized rents typically change once a year based on federal guidance.

Jonestown, Mississippi Affordable Housing Data

Income Based Apartments in Jonestown, Mississippi

Jonestown features 157 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 Jonestown, Mississippi

There are 32 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Jonestown.

Housing Choice Vouchers in Jonestown, Mississippi

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

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

2024 Jonestown, 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
Jonestown, Mississippi Fair Market Rent $752 $804 $903 $1,255 $1,371
Jonestown, Mississippi Payment Standard Range $677 to $827 $724 to $884 $813 to $993 $1,130 to $1,381 $1,234 to $1,508

Sourced from federal housing data and AffordableHousingOnline.com research.

Jonestown, MS Affordable Housing Snapshot

Total Affordable Apartment Properties 6
Total Low Income Apartments 189
Total Housing Units with Rental Assistance 157
Percentage of Housing Units Occupied By Renters 59.92%
Average Renter Household Size 2.69
Average Household Size 2.97
Median Household Income $17,895 ±$3,754
Median Rent $323 ±$41
Percentage Of Renters Overburdened 39.66% ± 13.56pp
Total Population 1,436

Population and Household Demographics

Jonestown is a city in Coahoma County, Mississippi with a population of 1,436. There are 484 households in the city with an average household size of 2.97 persons. 59.92% of households in Jonestown are renters.

Income and Rent Overburden in Jonestown

The median gross income for households in Jonestown is $17,895 a year, or $1,491 a month. The median rent for the city is $323 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Jonestown, a household making less than $1,077 a month would be considered overburdened when renting an apartment at or above the median rent. 39.66% of households who rent are overburdened in Jonestown.

Area Median Income In Jonestown

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 Jonestown, the AMI is calculated from all households within Coahoma County.

In Jonestown, HUD calculates the Area Median Income for a family of four as $45,800

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 Jonestown

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 Jonestown

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 Jonestown AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,580 $19,720 $24,860 $30,000 $33,600 $36,100 $38,600 $41,100
50% AMI Income Limits
Renters earning up to 50% of the Jonestown AMI may qualify for rental assistance programs that target Very Low Income households.
$21,800 $24,900 $28,000 $31,100 $33,600 $36,100 $38,600 $41,100
80% AMI Income Limits
Renters earning up to 80% of the Jonestown AMI may qualify for rental assistance programs that target Low Income households.
$34,850 $39,800 $44,800 $49,750 $53,750 $57,750 $61,700 $65,700