Low Income Apartments and Affordable Housing For Rent in Meridian, MS (2024)

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Discover affordable housing in Meridian where there are 42+ 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.

Deville Manor Apartments

1914 11th Street, Meridian, Mississippi 39301

bed1-2

paymentSubsidized

accessibilityAccessible

College Park Apartments

2000 College Ave, Meridian, Montana 39307

bed2

paymentSubsidized

St. Francis Apartments

2427 4th Avenue, Meridian, Mississippi 39301

paymentSubsidized

accessibilityAccessible

South Meridian Apartments

5126 Stinson Cemetery Rd, Meridian, Mississippi 39301

switch_access_shortcutShort Wait

paymentSubsidized

real_estate_agentAccepts Vouchers

Meridian Manor

815 33rd St, Meridian, Mississippi 39305

paymentSubsidized

elderlySenior

accessibilityAccessible

Miller Park Apartments

52nd St, Meridian, Mississippi 39305

paymentSubsidized

accessibilityAccessible

accessible_forwardDisability

How To Identify Affordable Housing in Meridian, Mississippi

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge	Description
switch_access_shortcutShort Wait	Low income apartments with no or short waiting lists.
paymentSubsidized	Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agentAccepts Vouchers	Apartments that accept Section 8 vouchers near you
elderlySenior	Rental housing for seniors who are 55 (or sometimes 62) and older.
paymentIncome Based	Affordable apartments where the rent paid is based on renter income.
accessibilityAccessible	Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forwardDisability	Apartments for individuals or families with disabilities.
real_estate_agentNaturally Affordable	Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.

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The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment InMeridian, Mississippi

$18.09/hour

$10.84

(+149%) more thanMississippi minimum wage and

$10.84

(+149%) more than the Federal minimum wage.

Learn More About Meridian, Mississippi AffordableHousing ↓

What HUD offices serve Meridian, Mississippi?

Public Housing Agencies operate federally assisted affordable housing programs atlocal levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within theirjurisdiction.

Meridian Housing Authority

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Meridian, Mississippi.

Mississippi Regional Housing Authority No. V

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Meridian, Mississippi.

Go to theMississippiPublic Housing and Low-Income Apartments Waiting Lists page for openings near Meridian.

How many renters live in Meridian, Mississippi?

The City of Meridian haspeople living in households.

There are renters living inrenter households in thisCity. Renters make up 54.18percent of the population living in Meridian.

What is the rental market like in Meridian, Mississippi?

There are an estimated housing units in theMeridian area. Of these, units are rentalhomes, making up percent of the housing market. Forevery renter household in Meridian, Mississippi, there are1.09 rental units.

What is the vacancy rate for rentals in Meridian?

The rental vacancy rate in Meridian is 7 percent.This is ahigher than averagevacancy rate.When rental vacancy rates are high it means that there are a lot of available units and rents tendto be lower.

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

Occupied Rental Units by Size in Meridian

Studio	One-Bedroom	Two-Bedroom	Three-Bedroom	Four+ Bedrooms
593	1,510	2,770	2,407	655

Occupied Rental Units by Size in Meridian

A large number of apartments in Meridian have two or fewer bedrooms. Seniors and youngprofessionalsespecially may have more success finding an apartment that meets their needs.

How Much Is Rent in Meridian

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - rangesfrom $803 to $1,385. FMRs areupdated annually by HUD for every city and county nationwide.

Bed Size	2024 Fair Market Rents
Studio	$803
One BR	$809
Two BR	$955
Three BR	$1,255
Four BR	$1,385

2024 Fair Market Rents in Meridian, Mississippi

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

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s FairMarket Rent. Markets with a large share of units above FMR tend to have longer search times to find aqualified unit, while those with a large share of units below FMR tend to have more choices and shortersearch 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	335	56 percent
One BR	989	65 percent
Two BR	1,838	66 percent

Rental Units Below FMR in Meridian, Mississippi

How many affordable rental units are in Meridian?

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

Federal Program	Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Section 202 Supportive Housing for the Elderly
Section 811 Supportive Housing for Persons with Disabilities
USDA Section 515 Rural Rental Housing

Tracked Units by Federal Program in Meridian, Mississippi

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

Income Based Apartments in Meridian, Mississippi

Meridian features 2,016 income based apartments.Tenants of income based apartments typically pay no more than 30% of their income towards rent andutilities.

Low Rent Apartments in Meridian, Mississippi

There are 333 rent subsidized apartments that do notprovide direct rental assistance but remain affordable to low income households in Meridian.

Housing Choice Vouchers in Meridian, Mississippi

On average, Section 8 Housing Choice vouchers pay Meridian landlords$500 per month towards rent. The average voucher holdercontributes $300 towards rent inMeridian.

The maximum amount a voucher would pay on behalf of a low-income tenant in Meridian, Mississippi fora two-bedroom apartment is between $860 and $1,051.

Sourced from federal housing data and AffordableHousingOnline.comresearch.

Affordable Housing Tip

Looking for landlords who will take a Section 8 voucher?

Ask your housing authority if they have a list of landlords who accept Section 8 Housing Choice Vouchers.

What Renters Say About Us

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