About This Property
Hickory Flats offers 12 two-bedroom units designated for low-income families in Hickory Flat, Mississippi. The property has been in service since 1996 and operates under a 4% Low-Income Housing Tax Credit program. This Benton County community provides affordable rental housing options for families seeking stable, long-term residency.
Property Details
Fair Market Rent - Benton County, MS
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $775 |
| 1 Bedroom | $804 |
| 2 Bedroom | $903 |
| 3 Bedroom | $1,214 |
| 4 Bedroom | $1,219 |
Income Limits - Benton County, MS
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $18,600
- Low (80%)
- $29,750
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $21,250
- Low (80%)
- $34,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $23,900
- Low (80%)
- $38,250
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $26,550
- Low (80%)
- $42,500
- Extremely Low (30%)
- $28,700
- Very Low (50%)
- $28,700
- Low (80%)
- $45,900
- Extremely Low (30%)
- $30,800
- Very Low (50%)
- $30,800
- Low (80%)
- $49,300
- Extremely Low (30%)
- $32,950
- Very Low (50%)
- $32,950
- Low (80%)
- $52,700
- Extremely Low (30%)
- $35,050
- Very Low (50%)
- $35,050
- Low (80%)
- $56,100
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $18,600 | $29,750 |
| 2 Persons | $17,420 | $21,250 | $34,000 |
| 3 Persons | $21,960 | $23,900 | $38,250 |
| 4 Persons | $26,500 | $26,550 | $42,500 |
| 5 Persons | $28,700 | $28,700 | $45,900 |
| 6 Persons | $30,800 | $30,800 | $49,300 |
| 7 Persons | $32,950 | $32,950 | $52,700 |
| 8 Persons | $35,050 | $35,050 | $56,100 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Hickory Flat, MS?+
The Fair Market Rent (FMR) for Benton County, MS is: $775 (Studio), $804 (1BR), $903 (2BR), $1214 (3BR), $1219 (4BR). Actual rent at subsidized properties like Hickory Flats is typically 30% of household income or less.
What size apartments are available at Hickory Flats?+
Hickory Flats offers the following unit types: 12 Two-Bedroom units, for a total of 12 units.
What is the price range for apartments in Hickory Flat, MS?+
Based on Fair Market Rent for Benton County, the estimated price range is: 2-bedroom: $903. Actual rent at Hickory Flats may be lower for income-eligible households.
What are the income limits for affordable housing in Benton County, MS?+
For a 4-person household in Benton County, MS, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $26,550, Low Income (80% AMI): $42,500. These limits are set by HUD and updated annually.
Who manages Hickory Flats?+
Hickory Flats is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Hickory Flats?+
Hickory Flats is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Who is eligible to live at Hickory Flats?+
Hickory Flats primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.