Affordable Housing Hub
Low Income (LIHTC)

Oak Haven Apts

1201 Russell Dr, Waveland, MS, 39576

Information verified April 18, 2026·We re-check waiting list status daily

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About This Property

Oak Haven Apts comprises 80 low-income units in Waveland, Mississippi, serving elderly residents. The community, placed in service in 2010, offers a unit mix of sixty one-bedroom and twenty two-bedroom apartments and is financed through 9% Low-Income Housing Tax Credits. Property management contact information is available upon request.

Property Details

Total Units
80
1 Bedroom
60
2 Bedroom
20

Fair Market Rent - Hancock County, MS

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$825
1 Bedroom$923
2 Bedroom$1,151
3 Bedroom$1,525
4 Bedroom$1,626

Income Limits - Hancock County, MS

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$12,880
Very Low (50%)
$21,250
Low (80%)
$33,950
2 Persons
Extremely Low (30%)
$17,420
Very Low (50%)
$24,250
Low (80%)
$38,800
3 Persons
Extremely Low (30%)
$21,960
Very Low (50%)
$27,300
Low (80%)
$43,650
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$30,300
Low (80%)
$48,500
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$32,750
Low (80%)
$52,400
6 Persons
Extremely Low (30%)
$35,150
Very Low (50%)
$35,150
Low (80%)
$56,300
7 Persons
Extremely Low (30%)
$37,600
Very Low (50%)
$37,600
Low (80%)
$60,150
8 Persons
Extremely Low (30%)
$40,000
Very Low (50%)
$40,000
Low (80%)
$64,050

Tax Credit Program Details

Year Placed in Service
2010
LIHTC Credit Type
9%
Low-Income Units
80 / 80
Target Population
Elderly

Frequently Asked Questions

What is the average rent for affordable housing in Waveland, MS?+

The Fair Market Rent (FMR) for Hancock County, MS is: $825 (Studio), $923 (1BR), $1151 (2BR), $1525 (3BR), $1626 (4BR). Actual rent at subsidized properties like Oak Haven Apts is typically 30% of household income or less.

What size apartments are available at Oak Haven Apts?+

Oak Haven Apts offers the following unit types: 60 One-Bedroom, 20 Two-Bedroom units, for a total of 80 units.

What are the income limits for affordable housing in Hancock County, MS?+

For a 4-person household in Hancock County, MS, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $30,300, Low Income (80% AMI): $48,500. These limits are set by HUD and updated annually.

What is the price range for apartments in Waveland, MS?+

Based on Fair Market Rent for Hancock County, the estimated price range is: 1-bedroom: $923, 2-bedroom: $1151. Actual rent at Oak Haven Apts may be lower for income-eligible households.

Who is eligible to live at Oak Haven Apts?+

Oak Haven Apts primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

How do I apply for housing at Oak Haven Apts?+

Oak Haven Apts 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 manages Oak Haven Apts?+

Oak Haven Apts is managed by . You can reach them at . Visit their website for more information.

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Walk Score

Car-Dependent

42
Walk
40
Bike

Nearby Schools

9,10,11,12,UG

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Hancock County, MS

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Housing Resources in Waveland, MS

HUD-Approved Counseling Agencies

HANCOCK HOUSING RESOURCE CENTER

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingPre-Purchase Homebuyer Education Workshops