About This Property
Magnolia Manor I comprises 12 three-bedroom units in Booneville, Mississippi, serving low-income families. The property has been in service since 1995 and receives 9% Low-Income Housing Tax Credit financing. All 12 units are designated for low-income occupancy.
Waitlist Information
Waitlist managed by The Housing Authority of the City of Booneville
Eligibility for housing depends on annual gross income, age or disability status, and US citizenship or eligible immigration; public housing is provided to low-income families, the elderly, and those with disabilities.
As of December 5, 2025, there are no current Section 8 waiting lists for Booneville.
Waitlist data provided by section8waitlist.org
Updated April 18, 2026
Property Details
Fair Market Rent - Prentiss 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 | $657 |
| 1 Bedroom | $748 |
| 2 Bedroom | $903 |
| 3 Bedroom | $1,174 |
| 4 Bedroom | $1,359 |
Income Limits - Prentiss County, MS
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $18,600
- Low (80%)
- $29,750
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $21,250
- Low (80%)
- $34,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $23,900
- Low (80%)
- $38,250
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $26,550
- Low (80%)
- $42,500
- Extremely Low (30%)
- $28,700
- Very Low (50%)
- $28,700
- Low (80%)
- $45,900
- Extremely Low (30%)
- $30,800
- Very Low (50%)
- $30,800
- Low (80%)
- $49,300
- Extremely Low (30%)
- $32,950
- Very Low (50%)
- $32,950
- Low (80%)
- $52,700
- Extremely Low (30%)
- $35,050
- Very Low (50%)
- $35,050
- Low (80%)
- $56,100
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $18,600 | $29,750 |
| 2 Persons | $17,420 | $21,250 | $34,000 |
| 3 Persons | $21,960 | $23,900 | $38,250 |
| 4 Persons | $26,500 | $26,550 | $42,500 |
| 5 Persons | $28,700 | $28,700 | $45,900 |
| 6 Persons | $30,800 | $30,800 | $49,300 |
| 7 Persons | $32,950 | $32,950 | $52,700 |
| 8 Persons | $35,050 | $35,050 | $56,100 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Booneville, MS?+
The Fair Market Rent (FMR) for Prentiss County, MS is: $657 (Studio), $748 (1BR), $903 (2BR), $1174 (3BR), $1359 (4BR). Actual rent at subsidized properties like Magnolia Manor I is typically 30% of household income or less.
What size apartments are available at Magnolia Manor I?+
Magnolia Manor I offers the following unit types: 12 Three-Bedroom units, for a total of 12 units.
Is there a waitlist for Magnolia Manor I?+
Public Housing waitlist is currently Open. 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.
What is the price range for apartments in Booneville, MS?+
Based on Fair Market Rent for Prentiss County, the estimated price range is: 3-bedroom: $1174. Actual rent at Magnolia Manor I may be lower for income-eligible households.
How do I apply for housing at Magnolia Manor I?+
Magnolia Manor I 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 Magnolia Manor I?+
Magnolia Manor I is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Prentiss County, MS?+
For a 4-person household in Prentiss County, MS, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $26,550, Low Income (80% AMI): $42,500. These limits are set by HUD and updated annually.
Who is eligible to live at Magnolia Manor I?+
Magnolia Manor I primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
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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