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Affordable apartments in Indianola, Mississippi

5 income-restricted buildings tracked here, drawn from HUD's LIHTC, Section 8, Section 202, and Section 811 datasets. Map, eligibility tiers, and Fair Market Rent below.

3 lihtc1 section 81 section 202

Buildings

SUNFLOWER ESTATES

LIHTC
13 CRANE ST, INDIANOLA, MS, 38751
Income-restricted units
65 of 65
Year placed in service
2008
Bedroom mix
1 2BR · 64 3BR

Estimated total housing cost: $755 rent + $168 utilities = $923/mo

Contact property management for current availability. Waitlists may apply.

MATTHEWS RETIREMENT CNTR

Section 8
702 KINLOCK RD, Indianola, MS, 38751
Income-restricted units
49 of 50
Year placed in service
Not reported

Estimated total housing cost: $755 rent + $168 utilities = $923/mo

Contact property management for current availability. Waitlists may apply.

MATTHEWS RETIREMENT CNTR

Section 202
702 KINLOCK RD, Indianola, MS, 38751
Income-restricted units
49 of 50
Year placed in service
Not reported

Estimated total housing cost: $755 rent + $168 utilities = $923/mo

Contact property management for current availability. Waitlists may apply.

CANTERBURY APTS

LIHTC
810 AIRPORT RD, INDIANOLA, MS, 38751
Income-restricted units
48 of 48
Year placed in service
1989
Bedroom mix
8 1BR · 40 2BR

Estimated total housing cost: $755 rent + $168 utilities = $923/mo

Contact property management for current availability. Waitlists may apply.

CANTEBURY APTS

LIHTC
810 AIRPORT RD, INDIANOLA, MS, 38751
Income-restricted units
Not reported of 48
Year placed in service
1989

Estimated total housing cost: $755 rent + $168 utilities = $923/mo

Contact property management for current availability. Waitlists may apply.

Map

Each pin is one income-restricted building. Color-coded by program. Click a pin for details.

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Energy costs in Mississippi

Residential electricity in Mississippi runs about 14.40¢/kWh, with a typical monthly residential electric bill near $168. Natural gas runs about $22.32/Mcf. Add this to rent when you compare buildings; it can shift total monthly housing cost by 10–20%.

Source: U.S. Energy Information Administration, retail-sales (electricity) and natural gas residential pricing series, 12-month rolling average.

Check your affordability tier

Enter your annual household income, household size, and zip code. We’ll show which HUD AMI tier you qualify for and what Fair Market Rent looks like in your area.

Fair Market Rent for Indianola, MS

Metro-level
BedroomsLocal FMRNational median
Studio$642n/a
1 bedroom$717n/a
2 bedroom$755$1,502
3 bedroom$982n/a
4 bedroom$1,133n/a

Fair Market Rent is HUD’s annual benchmark for the cost of rental housing in a given area. Source label: median_rent_proxy.

HUD income limits : Sunflower County, MS

FY2025. Area median income: $52,700.

Household size30% AMI50% AMI80% AMI
1 person$15,650$24,200$38,750
2 people$21,150$27,650$44,250
3 people$26,650$31,100$49,800
4 people$32,150$34,550$55,300
5 people$37,350$37,350$59,750
6 people$40,100$40,100$64,150
7 people$42,850$42,850$68,600
8 people$45,650$45,650$73,000

HUD calculates income limits per household size relative to the area’s median family income. Properties may serve renters in any combination of these tiers; eligibility is determined per program.

Affordable rentals in nearby Mississippi cities

See all affordable-rental cities in Mississippi

About this listing. Buildings shown serve income-restricted households across HUD program tiers. We do not show vacancy or pricing for individual units. Always contact the property directly for current availability; many income-restricted buildings maintain waitlists measured in months or years.

See also: Indianola cost-of-living and Fair Market Rent overview