About This Property
Magnolia Place Apts comprises 40 units in Gautier, MS, with 39 designated as low-income housing serving elderly residents. The property includes 20 one-bedroom, 10 two-bedroom, and 10 three-bedroom units and has been in service since 1997. The community is financed through 9% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Jackson 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 | $835 |
| 1 Bedroom | $957 |
| 2 Bedroom | $1,077 |
| 3 Bedroom | $1,438 |
| 4 Bedroom | $1,828 |
Income Limits - Jackson County, MS
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,800
- Very Low (50%)
- $23,000
- Low (80%)
- $36,800
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $26,300
- Low (80%)
- $42,050
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $29,600
- Low (80%)
- $47,300
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $32,850
- Low (80%)
- $52,550
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $35,500
- Low (80%)
- $56,800
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $38,150
- Low (80%)
- $61,000
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $40,750
- Low (80%)
- $65,200
- Extremely Low (30%)
- $43,400
- Very Low (50%)
- $43,400
- Low (80%)
- $69,400
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,800 | $23,000 | $36,800 |
| 2 Persons | $17,420 | $26,300 | $42,050 |
| 3 Persons | $21,960 | $29,600 | $47,300 |
| 4 Persons | $26,500 | $32,850 | $52,550 |
| 5 Persons | $31,040 | $35,500 | $56,800 |
| 6 Persons | $35,580 | $38,150 | $61,000 |
| 7 Persons | $40,120 | $40,750 | $65,200 |
| 8 Persons | $43,400 | $43,400 | $69,400 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Gautier, MS?+
The Fair Market Rent (FMR) for Jackson County, MS is: $835 (Studio), $957 (1BR), $1077 (2BR), $1438 (3BR), $1828 (4BR). Actual rent at subsidized properties like Magnolia Place Apts is typically 30% of household income or less.
What size apartments are available at Magnolia Place Apts?+
Magnolia Place Apts offers the following unit types: 20 One-Bedroom, 10 Two-Bedroom, 10 Three-Bedroom units, for a total of 40 units.
Who is eligible to live at Magnolia Place Apts?+
Magnolia Place 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 Magnolia Place Apts?+
Magnolia Place 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.
What are the income limits for affordable housing in Jackson County, MS?+
For a 4-person household in Jackson County, MS, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $32,850, Low Income (80% AMI): $52,550. These limits are set by HUD and updated annually.
What is the price range for apartments in Gautier, MS?+
Based on Fair Market Rent for Jackson County, the estimated price range is: 1-bedroom: $957, 2-bedroom: $1077, 3-bedroom: $1438. Actual rent at Magnolia Place Apts may be lower for income-eligible households.
Who manages Magnolia Place Apts?+
Magnolia Place Apts is managed by . You can reach them at . Visit their website for more information.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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