About This Property
Frey Street V offers 4 three-bedroom units designed to serve families in Canton, Mississippi. The property has been in service since 1989 and participates in the 9% Low-Income Housing Tax Credit program. All units are designated as low-income housing.
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 17, 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 Frey Street V is typically 30% of household income or less.
What size apartments are available at Frey Street V?+
Frey Street V offers the following unit types: 4 Three-Bedroom units, for a total of 4 units.
Who manages Frey Street V?+
Frey Street V 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.
How do I apply for housing at Frey Street V?+
Frey Street V 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 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 Frey Street V may be lower for income-eligible households.
Who is eligible to live at Frey Street V?+
Frey Street V primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Is there a waitlist for Frey Street V?+
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.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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