Affordable & Low-Income Housing in Algoma, MS 38820
No income-restricted buildings are listed in 38820 — here are the closest ones.
No income-restricted buildings are listed in Algoma, MS 38820. 9 income-restricted buildings are listed nearby (within about 12 miles). These lists don't show openings — call to ask about vacancies and waiting lists.
Closest to 38820
Pontotoc Ridge Apts
286 W Eighth St, Pontotoc, MS 38863
4.4 mi away
24 units · 22 income-restricted · 2 BR
- Affordability period may have ended — call to confirm
Pontotoc Senior Apartments
264 Lakeshore Drive, Pontotoc, MS 38863
4.6 mi away
48 units · 47 income-restricted · 1–2 BR
Grove Apts
411 W Reynolds St, Pontotoc, MS 38863
5.8 mi away
32 units · 30 income-restricted · 3 BR · People with disabilities
Pontotoc Ha
180 HUD St, Pontotoc, MS 38863
6 mi away
80 units · 1–2 BR · People with disabilities
- Apply through The Housing Authority of the City of Pontotoc
- Residents waited about 67 months to move in (HUD, Oct 2026)
N.Houlka/Harrell/Winter/Cathy/Mild. Kay/Sher-Phil
136 Robin Hood Ln, Houlka, MS 38850
9.1 mi away
128 units · 2–3 BR
Ecru Estates LP J & a Mgmt Inc
163 Cedar Ridge Dr, Ecru, MS 38841
12.2 mi away
24 units · 1–2 BR · People with disabilities
- 1 vacant unit reported (Oct 2026) — call to confirm
No nearby buildings match this filter.
Rents and income limits in 38820
- Fair market rent, 2 bedrooms
- $923/mo
- Income needed to pay it at 30% of income
- $37,000/yr
Income limits (2026)
Pontotoc County, MS area · median family income $71,900. Your household's yearly income before taxes must be at or below the limit.
| People | Extremely low 30% | Very low 50% | Low 80% |
|---|---|---|---|
| 1 | $15,960 | $25,200 | $40,350 |
| 2 | $21,640 | $28,800 | $46,100 |
| 3 | $27,320 | $32,400 | $51,850 |
| 4 | $33,000 | $36,000 | $57,600 |
| 5 | $38,680 | $38,900 | $62,250 |
| 6 | $41,800 | $41,800 | $66,850 |
| 7 | $44,650 | $44,650 | $71,450 |
| 8 | $47,550 | $47,550 | $76,050 |
Section 8 vouchers: up to the 50% limit, and most go to households under 30%. Public housing: up to 80%. Tax-credit apartments: usually up to 60% of median income, between the 50% and 80% columns.
Fair market rents (2027)
HUD's estimate of rent plus utilities for a modest home. Housing authorities set Section 8 voucher limits from it.
| Size | Pontotoc County, MS |
|---|---|
| Studio | $689 |
| 1 bedroom | $848 |
| 2 bedrooms | $923 |
| 3 bedrooms | $1,191 |
| 4 bedrooms | $1,543 |
Two-bedroom fair market rents in 4 nearby ZIPs range from $910 (38850) to $1,120 (38863).
Sources: HUD income limits FY2026; HUD Fair Market Rents FY2027. Each program and building can set its own limits — confirm with the property.
Estimate your Section 8 rent share
Project-based Section 8 is on the buildings above. A Housing Choice Voucher is different: you apply with the housing authority, then find a landlord who takes it. Your share of rent is based on income — not always 30%. The calculator uses 38820's fair market rent.
Estimate your Section 8 rent share for 38820Frequently Asked Questions
Is there Section 8 housing in Algoma, MS 38820?
Yes — this directory lists income-restricted buildings in Algoma, MS 38820, including project-based Section 8 apartments (the subsidy stays with the unit), public housing, tax-credit, and USDA rural rentals. Housing Choice Vouchers are different: you apply with the local housing authority and can use them at a private landlord. Estimate your voucher rent share with the Section 8 calculator.
Do affordable housing buildings in Algoma, MS 38820 have openings?
These lists for Algoma, MS 38820 don't show openings. Call the property (or the housing authority, for public housing) to ask about vacancies and waiting lists.
How do I apply for affordable housing in Algoma, MS 38820?
Use the phone number on each building card in Algoma, MS 38820. Public housing is run by the local housing authority — apply with them, not at the building. USDA rural rentals can also be found through USDA's property search.
What counts as affordable housing in Algoma, MS 38820?
In Algoma, MS 38820, this directory lists income-restricted rentals from HUD tax-credit (LIHTC) records, public housing, HUD-assisted buildings (including project-based Section 8, 202, and 811), and USDA Rural Development.
How many affordable housing buildings are in ZIP 38820?
No income-restricted buildings are listed in ZIP 38820 right now. 9 nearby buildings are shown on this page. Call to confirm openings.
Is there affordable housing near 38820?
Yes — this page also lists 9 income-restricted buildings in ZIP codes near Algoma, MS 38820 (within about 12 miles). Pick a nearby ZIP to see every building there.
People Also Ask
How do I qualify for affordable housing in Algoma, MS 38820?
Most income-restricted buildings in Algoma, MS 38820 serve households at or below 50% or 80% of area median income. HUD's 2026 very low-income (50%) limit for a 1-person household is $25,200, and $36,000 for a 4-person household. Public housing can go up to 80% ($40,350 for 1 person). Each building sets its own cap — call to confirm before you apply. Citizenship, household size, and local preferences can also apply.
What is the income limit for low-income housing in Algoma, MS 38820?
For many programs in Algoma, MS 38820, the 2026 HUD very low-income (50%) limit is $25,200 a year for 1 person and $36,000 for 4 people. The low-income (80%) limit is $40,350 for 1 person. Tax-credit buildings often use 60% of median income. Confirm with the property — they can be stricter.
How long is the waiting list for Section 8 in Algoma, MS 38820?
There is no single waiting list for Algoma, MS 38820. Public housing, project-based Section 8, and tax-credit buildings each keep their own list. Housing Choice Voucher lists at the housing authority open only sometimes and can stay closed for years. This directory does not show which lists are open — call the number on each card. Some public housing cards show HUD's reported wait in months.
What is the difference between Section 8 and public housing in Algoma, MS 38820?
Public housing is owned by a housing authority — you apply with that agency, not at the building. Project-based Section 8 is a HUD contract on a private building; the subsidy stays with the apartment. A Housing Choice Voucher is different: you apply with the housing authority and can use it at a landlord who takes it. Estimate voucher rent share with the Section 8 calculator.
How much rent do you pay for low-income housing in Algoma, MS 38820?
In public housing and most Section 8 in Algoma, MS 38820, tenants typically pay about 30% of adjusted income. HUD's 2027 fair market rent for a 2-bedroom near Algoma, MS 38820 is $923 a month (rent plus utilities for a modest unit). Tax-credit apartments use set rents below market, not always 30% of income. Call the building for the actual rent; this site is not a vacancy or price list.
Can I use a Section 8 voucher at affordable apartments in Algoma, MS 38820?
A Housing Choice Voucher is not automatically accepted at every building in Algoma, MS 38820. Project-based Section 8 units already have a subsidy on the apartment — you apply there, not with a tenant voucher. For a voucher, apply with the housing authority, then ask each landlord. Estimate your share with the Section 8 calculator.
Is there senior affordable housing in Algoma, MS 38820?
This page may still list buildings in Algoma, MS 38820 that accept seniors without being senior-only. Use the filters and call to ask about age set-asides.
Nearby ZIP codes
Sources: HUD LIHTC database, 2024 (released Apr 2026); HUD Multifamily Assisted Properties, Oct 2026; HUD Public Housing Developments, Oct 2026; USDA Rural Development multifamily, Oct 2026. Not affiliated with HUD or USDA. Details can be out of date — confirm with the property before applying.
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