Apply to Port Gibson Apartment Waiting Lists
- Multiple Properties Section 8 Project-Based Voucher is open.
- PHA Owned Housing Project-Based is open.
- Cade Courtyard, and Jessie Banks (Home) Section 8 Project-Based Voucher is open.
- Taylor Court, Downing Court and Oxford Court Section 8 Project-Based Voucher is open.
- The Pearl, 1 and 2-Bedroom Senior Section 8 Project-Based Voucher is open.
- Richland Gardens Section 8 Project-Based Voucher is open.
Magnolia Village
East Magnolia CO J and a Mgmt Co
Prestige Plaza Apartments
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There are 12 low-income apartments in Port Gibson that offer reduced rents to eligible households.
Rental assistance programs support 77 low-income homes in Port Gibson where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $464 towards rent each month.
Affordable rent data for some communities last confirmed on June 7th, 2024. Subdsidized rents typically change once a year based on federal guidance.
Public Housing Agencies Serving Port Gibson, 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 |
|---|---|
| Mississippi Regional Housing Authority VI | Section 8 Housing Choice Voucher (HCV); Public Housing; Family Self-Sufficiency; Section 8 Project-Based Voucher (PBV) |
Port Gibson, Mississippi Affordable Housing Data
Income Based Apartments in Port Gibson, Mississippi
Port Gibson features 77 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 Port Gibson, Mississippi
There are 12 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Port Gibson.
Housing Choice Vouchers in Port Gibson, Mississippi
On average, Section 8 Housing Choice vouchers pay Port Gibson landlords $600 per month towards rent. The average voucher holder contributes $500 towards rent in Port Gibson.
The maximum amount a voucher would pay on behalf of a low-income tenant in Port Gibson, Mississippi for a two-bedroom apartment is between $813 and $993.
2024 Port Gibson, 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 | |
|---|---|---|---|---|---|
| Port Gibson, Mississippi Fair Market Rent | $738 | $742 | $903 | $1,131 | $1,219 |
| Port Gibson, Mississippi Payment Standard Range | $664 to $812 | $668 to $816 | $813 to $993 | $1,018 to $1,244 | $1,097 to $1,341 |
Sourced from federal housing data and AffordableHousingOnline.com research.
Port Gibson, MS Affordable Housing Snapshot
| Total Affordable Apartment Properties | 4 |
|---|---|
| Total Low Income Apartments | 89 |
| Total Housing Units with Rental Assistance | 77 |
| Percentage of Housing Units Occupied By Renters | 47.81% |
| Average Renter Household Size | 2.62 |
| Average Household Size | 2.49 |
| Median Household Income | $17,165 ±$2,419 |
| Median Rent | $616 ±$23 |
| Percentage Of Renters Overburdened | 50.82% ± 14.86pp |
| Total Population | 1,607 |
Population and Household Demographics
Port Gibson is a city in Claiborne County, Mississippi with a population of 1,607. There are 638 households in the city with an average household size of 2.49 persons. 47.81% of households in Port Gibson are renters.
Income and Rent Overburden in Port Gibson
The median gross income for households in Port Gibson is $17,165 a year, or $1,430 a month. The median rent for the city is $616 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Port Gibson, a household making less than $2,053 a month would be considered overburdened when renting an apartment at or above the median rent. 50.82% of households who rent are overburdened in Port Gibson.
Area Median Income In Port Gibson
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 Port Gibson, the AMI is calculated from all households within Claiborne County.
In Port Gibson, HUD calculates the Area Median Income for a family of four as $36,000
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 Port Gibson
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 Port Gibson
| 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 Port Gibson 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 Port Gibson 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 Port Gibson 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 |
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