Affordable & Income-Based Housing in Grenada

Affordability

According to Census ACS 5-Year data (as of 2024), the median gross rent in Grenada is $802 per month and the median household income is $46,303 per year. About 44% of residents rent their homes, reflecting a sizeable rental market where income-restricted housing can make a meaningful difference.

Safety

The Grenada Police Department reported a violent crime rate of 0 per 100,000 residents in 2024, according to FBI Crime Data Explorer. Keep in mind that crime rates are not directly comparable across cities due to differences in reporting practices and population size.

Among the 5 HUD-assisted properties in Grenada tracked by Lease Lantern, none are located in a FEMA-designated high-risk flood zone.

Getting Around Grenada

According to Walk Score, the area around assisted properties in Grenada has a Walk Score of 49 ("Car-Dependent") and a Bike Score of 45. No Transit Score is available, which is typical for smaller cities without formal public transit networks. Residents should expect to rely primarily on a personal vehicle for most trips.

Schools

According to NCES Common Core of Data, 5 public schools across 1 district serve Grenada, including 1 elementary, 1 middle, and 3 high schools. Ratings vary by school, so renters should check which schools are assigned to a specific address before making a decision.

Cost of Renting in Grenada, MS

The median household income in Grenada is $46,303 per year, according to Census ACS 5-Year estimates. The median gross rent is $802 per month, also per Census ACS 5-Year data.

Affordable and income-based housing in Grenada spans 252 units across 5 properties. Rents at HUD-assisted and income-based properties are set as a percentage of a household's income or capped based on area income limits, which can make them significantly lower than market-rate rents.

• Median household income: $46,303/year (Census ACS 5-Year)
• Median market rent: $802/month (Census ACS 5-Year)
• Renter households: 44% of occupied units (Census ACS 5-Year)
• Income-based units available: 252 across 5 properties

Environment & Flood Risk

All 5 assisted properties in Grenada have been mapped for flood zone data. None are located in a high-risk flood zone, which is a reassuring finding for renters concerned about flood exposure.