Low Income Apartments and Affordable Housing For Rent in St James, MO

Discover affordable housing in St James where there are 2+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

St James Apartments

1115 W Springfield St, St James, Missouri 65559

St James Court Apartments

340 Parker Ln, St James, Missouri 65559

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In St James, Missouri
$16.38/hour
$4.08 (+33%) more than Missouri minimum wage and $9.13 (+126%) more than the Federal minimum wage.
Learn More About St James, Missouri Affordable Housing ↓

What HUD offices serve St James, 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.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for St James, Missouri.
Operates the Section 8 Housing Choice Voucher (HCV) programs for St James, Missouri.

Go to the Missouri Public Housing and Low-Income Apartments Waiting Lists page for openings near St James.

How many renters live in St James, Missouri?

The City of St James has 3,942 people living in 1,602 households.

There are 1,759 renters living in 792 renter households in this City. Renters make up 44.62 percent of the population living in St James.

What is the rental market like in St James, Missouri?

There are an estimated 1,845 housing units in the St James area. Of these, 792 units are rental homes, making up 43 percent of the housing market. For every renter household in St James, Missouri, there are 1 rental units.

What is the vacancy rate for rentals in St James?

The rental vacancy rate in St James is 0 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in St James for each bedroom size?

Occupied Rental Units by Size in St James
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 119 359 207 68
Occupied Rental Units by Size in St James

A large number of apartments in St James 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 St James are overburdened by housing costs?

Among renter households in this market, 58 percent have housing cost burden. Further, 27 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 St James

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $646 to $1,168. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $646
One BR $658
Two BR $865
Three BR $1,161
Four BR $1,168
2024 Fair Market Rents in St James, Missouri

How many units are rented at Fair Market Rent (FMR) in St James?

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 71 60 percent
Two BR 238 66 percent
Rental Units Below FMR in St James, Missouri

How many affordable rental units are in St James?

There are a variety of federal affordable housing programs serving households in St James, Missouri including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 56
USDA Section 515 Rural Rental Housing 24
Tracked Units by Federal Program in St James, Missouri

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in St James, Missouri

St James features 24 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 St James, Missouri

There are 32 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in St James.

Housing Choice Vouchers in St James, Missouri

On average, Section 8 Housing Choice vouchers pay St James landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in St James.

The maximum amount a voucher would pay on behalf of a low-income tenant in St James, Missouri for a two-bedroom apartment is between $779 and $952.

Sourced from federal housing data and AffordableHousingOnline.com research.