About This Property
Rainbow Apts comprises 40 two-bedroom units designated for low-income families in Senatobia, MS. The property has been in service since 1991 and is financed through 4% Low-Income Housing Tax Credits. This Tate County development provides affordable rental housing options for qualifying households.
Waitlist Information
Waitlist managed by The Housing Authority of the City of Senatobia
The Housing Authority of the City of Senatobia (HACS) is not accepting Public Housing waiting list applications at this time.
Eligibility requirements include meeting annual gross income limits, age or disability status, US citizenship or eligible immigration, and passing criminal background checks.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - Tate 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 | $800 |
| 1 Bedroom | $834 |
| 2 Bedroom | $1,013 |
| 3 Bedroom | $1,305 |
| 4 Bedroom | $1,538 |
Income Limits - Tate County, MS
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,700
- Very Low (50%)
- $22,800
- Low (80%)
- $36,500
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $26,050
- Low (80%)
- $41,700
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $29,300
- Low (80%)
- $46,900
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $32,550
- Low (80%)
- $52,100
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $35,200
- Low (80%)
- $56,300
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $37,800
- Low (80%)
- $60,450
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $40,400
- Low (80%)
- $64,650
- Extremely Low (30%)
- $43,000
- Very Low (50%)
- $43,000
- Low (80%)
- $68,800
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,700 | $22,800 | $36,500 |
| 2 Persons | $17,420 | $26,050 | $41,700 |
| 3 Persons | $21,960 | $29,300 | $46,900 |
| 4 Persons | $26,500 | $32,550 | $52,100 |
| 5 Persons | $31,040 | $35,200 | $56,300 |
| 6 Persons | $35,580 | $37,800 | $60,450 |
| 7 Persons | $40,120 | $40,400 | $64,650 |
| 8 Persons | $43,000 | $43,000 | $68,800 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Senatobia, MS?+
The Fair Market Rent (FMR) for Tate County, MS is: $800 (Studio), $834 (1BR), $1013 (2BR), $1305 (3BR), $1538 (4BR). Actual rent at subsidized properties like Rainbow Apts is typically 30% of household income or less.
What size apartments are available at Rainbow Apts?+
Rainbow Apts offers the following unit types: 40 Two-Bedroom units, for a total of 40 units.
What is the price range for apartments in Senatobia, MS?+
Based on Fair Market Rent for Tate County, the estimated price range is: 2-bedroom: $1013. Actual rent at Rainbow Apts may be lower for income-eligible households.
Is there a waitlist for Rainbow Apts?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
What are the income limits for affordable housing in Tate County, MS?+
For a 4-person household in Tate County, MS, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $32,550, Low Income (80% AMI): $52,100. These limits are set by HUD and updated annually.
Who is eligible to live at Rainbow Apts?+
Rainbow Apts primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Rainbow Apts?+
Rainbow 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.
Who manages Rainbow Apts?+
Rainbow Apts is managed by . You can reach them at . Visit their website for more 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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