What HUD offices serve Osage Beach, Missouri?
Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.
Go to the Missouri Public Housing and Low-Income Apartments Waiting Lists page for openings near Osage Beach.
How many renters live in Osage Beach, Missouri?
The City of Osage Beach has 4,736 people living in 1,658 households.
There are 1,904 renters living in 596 renter households in this City. Renters make up 40.2 percent of the population living in Osage Beach.
What is the rental market like in Osage Beach, Missouri?
There are an estimated 4,934 housing units in the Osage Beach area. Of these, 641 units are rental homes, making up 13 percent of the housing market. For every renter household in Osage Beach, Missouri, there are 1 rental units.
What is the vacancy rate for rentals in Osage Beach?
The rental vacancy rate in Osage Beach is 7 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.
How many rental units are in Osage Beach for each bedroom size?
Occupied Rental Units by Size in Osage Beach
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 84 | 323 | 150 | 39 |
Occupied Rental Units by Size in Osage Beach
A large number of apartments in Osage Beach have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How many renter households in Osage Beach are overburdened by housing costs?
Among renter households in this market, 23 percent have housing cost burden. Further, 7 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.
The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.
How Much Is Rent in Osage Beach
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $654 to $1,156. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $654 |
| One BR | $661 |
| Two BR | $868 |
| Three BR | $1,152 |
| Four BR | $1,156 |
2024 Fair Market Rents in Osage Beach, Missouri
How many units are rented at Fair Market Rent (FMR) in Osage Beach?
Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.
These are the approximate number of units renting below the FMR in this market:
| Unit Size | Count of Units Below FMR | Percentage of Total Units Below FMR |
| One BR | 40 | 48 percent |
| Two BR | 192 | 59 percent |
Rental Units Below FMR in Osage Beach, Missouri
How many affordable rental units are in Osage Beach?
There are a variety of federal affordable housing programs serving households in Osage Beach, Missouri including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 120 |
| USDA Section 515 Rural Rental Housing | 24 |
Tracked Units by Federal Program in Osage Beach, Missouri
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Osage Beach, Missouri
Osage Beach features 47 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.
Low Rent Apartments in Osage Beach, Missouri
There are 92 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Osage Beach.
Housing Choice Vouchers in Osage Beach, Missouri
On average, Section 8 Housing Choice vouchers pay Osage Beach landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Osage Beach.
The maximum amount a voucher would pay on behalf of a low-income tenant in Osage Beach, Missouri for a two-bedroom apartment is between $781 and $955.
Sourced from federal housing data and AffordableHousingOnline.com research.
