About This Property
Ocean Estates II comprises 120 three-bedroom units in Ocean Springs, MS, serving low-income households. The property, placed in service in 2009, is financed through 9% LIHTC credits and is non-profit owned. The community accommodates residents with disabilities.
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 Ocean Springs, 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 Ocean Estates Ii is typically 30% of household income or less.
What size apartments are available at Ocean Estates Ii?+
Ocean Estates Ii offers the following unit types: 120 Three-Bedroom units, for a total of 120 units.
What is the price range for apartments in Ocean Springs, MS?+
Based on Fair Market Rent for Jackson County, the estimated price range is: 3-bedroom: $1438. Actual rent at Ocean Estates Ii may be lower for income-eligible households.
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.
Who manages Ocean Estates Ii?+
Ocean Estates Ii is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Ocean Estates Ii?+
Ocean Estates Ii 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 Ocean Estates Ii?+
Ocean Estates Ii primarily serves persons with disabilities. 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.
More Affordable Housing Near Ocean Estates Ii
Bayou Village Apts
Gautier, MS
128 UnitsLexington Park Apts
Ocean Springs, MS
120 UnitsBrigdewater Park Apts
Biloxi, MS
198 UnitsBayside Village
Pascagoula, MS
57 UnitsMagnolia Place Apts
Gautier, MS
40 UnitsHighland Springs Apts
Ocean Springs, MS
96 Units