About This Property
Cottonland Village offers 80 residential units in Tunica, Mississippi, with 79 designated as low-income housing. The property features a variety of floor plans including studios, one-, two-, and three-bedroom units to accommodate families. Built in 1988 and financed through 4% Low Income Housing Tax Credits, the community is actively managed to serve low-income households.
Property Details
Fair Market Rent - Tunica 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 | $940 |
| 1 Bedroom | $1,017 |
| 2 Bedroom | $1,191 |
| 3 Bedroom | $1,440 |
| 4 Bedroom | $1,586 |
Income Limits - Tunica 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 Tunica, MS?+
The Fair Market Rent (FMR) for Tunica County, MS is: $940 (Studio), $1017 (1BR), $1191 (2BR), $1440 (3BR), $1586 (4BR). Actual rent at subsidized properties like Cottonland Village is typically 30% of household income or less.
What size apartments are available at Cottonland Village?+
Cottonland Village offers the following unit types: 1 Studio, 24 One-Bedroom, 42 Two-Bedroom, 14 Three-Bedroom units, for a total of 80 units.
What are the income limits for affordable housing in Tunica County, MS?+
For a 4-person household in Tunica 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.
What is the price range for apartments in Tunica, MS?+
Based on Fair Market Rent for Tunica County, the estimated price range is: 1-bedroom: $1017, 2-bedroom: $1191, 3-bedroom: $1440. Actual rent at Cottonland Village may be lower for income-eligible households.
How do I apply for housing at Cottonland Village?+
Cottonland Village is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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 Cottonland Village?+
Cottonland Village is managed by . You can reach them at .
Who is eligible to live at Cottonland Village?+
Cottonland Village primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Cottonland Village
Robinsonville Apt Home Bowdre
Robinsonville, MS
12 UnitsAcademy Heights
Tunica, MS
40 UnitsPlantation Estates
Tunica, MS
20 UnitsShady Lane Ii
Robinsonville, MS
96 UnitsTunica Villa
Tunica, MS
26 UnitsKirby Road Estates 00-01
Robinsonville, MS
58 Units