About This Property
Okolona Terrace offers 2 units in Okolona, MS as part of a public housing development. Both units are designed as accessible housing. The property serves the Chickasaw County area.
Waitlist Information
Waitlist managed by The Housing Authority of the City of Okolona
Applications are accepted for families and senior/disabled individuals; preferences are given to disabled, homeless, veteran, or working applicants. Declining two invitations will purge the application from the waitlist.
The Housing Authority of the City of Okolona is accepting pre-applications for its Voucher Programs. Eligibility is based on income, family size, and citizenship status. Contact the housing authority directly by phone at (662) 447-5473 for application information.
Waitlist data provided by section8waitlist.org
Updated June 17, 2026
Property Details
HUD Inspection Score
HUD inspects properties on a 0-100 scale. Scores above 60 are considered passing.
Fair Market Rent - Chickasaw 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 | $683 |
| 1 Bedroom | $687 |
| 2 Bedroom | $903 |
| 3 Bedroom | $1,226 |
| 4 Bedroom | $1,481 |
Income Limits - Chickasaw 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 |
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Frequently Asked Questions
What is the average rent for affordable housing in Okolona, MS?+
The Fair Market Rent (FMR) for Chickasaw County, MS is: $683 (Studio), $687 (1BR), $903 (2BR), $1226 (3BR), $1481 (4BR). Actual rent at subsidized properties like Okolona Terrace is typically 30% of household income or less.
How many units does Okolona Terrace have?+
Okolona Terrace has a total of 2 housing units.
Is there a waitlist for Okolona Terrace?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
What are the income limits for affordable housing in Chickasaw County, MS?+
For a 4-person household in Chickasaw 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.
What is the HUD inspection score for Okolona Terrace?+
Okolona Terrace has a HUD inspection score of 96 out of 100, which is considered excellent. HUD inspects subsidized housing properties to ensure they meet minimum health and safety standards. Scores of 60 or above are considered passing.
How do I apply for housing at Okolona Terrace?+
Okolona Terrace is a Public Housing property. To apply, you can start by calling 6624475473, or visiting their website, or contacting the property management office. You may need to submit an application and be placed on a waitlist. Eligibility is typically based on income, family size, and other factors.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
