About This Property
Academy Street Apts comprises 6 three-bedroom units designated for low-income families in Canton, Madison County, Mississippi. The property was placed in service in 1991 and utilizes 9% Low-Income Housing Tax Credits to maintain affordability. All units serve eligible low-income households.
Waitlist Information
Waitlist managed by The Housing Authority of the City of Canton
The waiting list is currently closed. We are no longer taking applications at this time. The Canton Housing Authority efficiently operates 150 low-income public housing units.
The waiting list is currently closed. We are no longer taking applications at this time.
Waitlist data provided by section8waitlist.org
Updated April 18, 2026
Property Details
Fair Market Rent - Madison 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 | $996 |
| 1 Bedroom | $997 |
| 2 Bedroom | $1,159 |
| 3 Bedroom | $1,401 |
| 4 Bedroom | $1,564 |
Income Limits - Madison County, MS
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,550
- Very Low (50%)
- $25,900
- Low (80%)
- $41,400
- Extremely Low (30%)
- $17,750
- Very Low (50%)
- $29,600
- Low (80%)
- $47,300
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,300
- Low (80%)
- $53,200
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,950
- Low (80%)
- $59,100
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,950
- Low (80%)
- $63,850
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $42,900
- Low (80%)
- $68,600
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $45,850
- Low (80%)
- $73,300
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $48,800
- Low (80%)
- $78,050
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,550 | $25,900 | $41,400 |
| 2 Persons | $17,750 | $29,600 | $47,300 |
| 3 Persons | $21,960 | $33,300 | $53,200 |
| 4 Persons | $26,500 | $36,950 | $59,100 |
| 5 Persons | $31,040 | $39,950 | $63,850 |
| 6 Persons | $35,580 | $42,900 | $68,600 |
| 7 Persons | $40,120 | $45,850 | $73,300 |
| 8 Persons | $44,660 | $48,800 | $78,050 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Canton, MS?+
The Fair Market Rent (FMR) for Madison County, MS is: $996 (Studio), $997 (1BR), $1159 (2BR), $1401 (3BR), $1564 (4BR). Actual rent at subsidized properties like Academy Street Apts is typically 30% of household income or less.
What size apartments are available at Academy Street Apts?+
Academy Street Apts offers the following unit types: 6 Three-Bedroom units, for a total of 6 units.
Is there a waitlist for Academy Street Apts?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Who manages Academy Street Apts?+
Academy Street Apts is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Madison County, MS?+
For a 4-person household in Madison County, MS, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,950, Low Income (80% AMI): $59,100. These limits are set by HUD and updated annually.
Who is eligible to live at Academy Street Apts?+
Academy Street Apts primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Canton, MS?+
Based on Fair Market Rent for Madison County, the estimated price range is: 3-bedroom: $1401. Actual rent at Academy Street Apts may be lower for income-eligible households.
How do I apply for housing at Academy Street Apts?+
Academy Street 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.
Contact Information
Location
Madison County, MS
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