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There are 34 low-income apartments in Walthall County that offer reduced rents to eligible households.
Rental assistance programs support 80 low-income homes in Walthall County where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $250 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.
Walthall County, Mississippi Affordable Housing Data
Income Based Apartments in Walthall County, Mississippi
Walthall County 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 Walthall County, Mississippi
There are 34 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Walthall County.
Housing Choice Vouchers in Walthall County, Mississippi
On average, Section 8 Housing Choice vouchers pay Walthall County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Walthall County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Walthall County, Mississippi for a two-bedroom apartment is between $824 and $1,007.
2024 Walthall County, 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 | |
|---|---|---|---|---|---|
| Walthall County, Mississippi Fair Market Rent | $747 | $752 | $915 | $1,106 | $1,219 |
| Walthall County, Mississippi Payment Standard Range | $672 to $822 | $677 to $827 | $824 to $1,007 | $995 to $1,217 | $1,097 to $1,341 |
Sourced from federal housing data and AffordableHousingOnline.com research.
Walthall County, MS Affordable Housing Snapshot
| Total Affordable Apartment Properties | 4 |
|---|---|
| Total Low Income Apartments | 114 |
| Total Housing Units with Rental Assistance | 80 |
| Percentage of Housing Units Occupied By Renters | 14.65% |
| Average Renter Household Size | 2.43 |
| Average Household Size | 2.58 |
| Median Household Income | $31,384 ±$2,713 |
| Median Rent | $475 ±$311 |
| Percentage Of Renters Overburdened | 24.29% ± 10.21pp |
| Total Population | 14,978 |
Population and Household Demographics
Walthall County is a county in Mississippi with a population of 14,978. There are 5,761 households in the county with an average household size of 2.58 persons. 14.65% of households in Walthall County are renters.
Income and Rent Overburden in Walthall County
The median gross income for households in Walthall County is $31,384 a year, or $2,615 a month. The median rent for the county is $475 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Walthall County, a household making less than $1,583 a month would be considered overburdened when renting an apartment at or above the median rent. 24.29% of households who rent are overburdened in Walthall County.
Area Median Income In Walthall County
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.
In Walthall County, HUD calculates the Area Median Income for a family of four as $62,300
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 Walthall County
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 Walthall County
| 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 Walthall County 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 Walthall County 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 Walthall County 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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