Low Income Apartments and Affordable Housing For Rent in Bethany, MO

Discover affordable housing in Bethany where there are 4+ 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.

12th Street Apartments

1113 S 12th St, Bethany, Missouri 64424

Village Place

608 S 20th St, Bethany, Missouri 64424

Eastwood Westwood

504 S 28th St, Bethany, Missouri 64424

Bethany Plaza Apartments

1305 S 9th St, Bethany, Missouri 64424

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Bethany, Missouri
$15.09/hour
$2.79 (+23%) more than Missouri minimum wage and $7.84 (+108%) more than the Federal minimum wage.
Learn More About Bethany, Missouri Affordable Housing ↓

What HUD offices serve Bethany, 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 Public Housing programs for Bethany, Missouri.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Bethany, Missouri.

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

How many renters live in Bethany, Missouri?

The City of Bethany has 3,113 people living in 1,129 households.

There are 1,080 renters living in 457 renter households in this City. Renters make up 34.69 percent of the population living in Bethany.

What is the rental market like in Bethany, Missouri?

There are an estimated 1,499 housing units in the Bethany area. Of these, 549 units are rental homes, making up 37 percent of the housing market. For every renter household in Bethany, Missouri, there are 1 rental units.

What is the vacancy rate for rentals in Bethany?

The rental vacancy rate in Bethany is 17 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 Bethany for each bedroom size?

Occupied Rental Units by Size in Bethany
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 126 125 161 0
Occupied Rental Units by Size in Bethany

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

Among renter households in this market, 54 percent have housing cost burden. Further, 26 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 Bethany

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $601 to $1,070. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $601
One BR $613
Two BR $797
Three BR $964
Four BR $1,070
2024 Fair Market Rents in Bethany, Missouri

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

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 51 40 percent
Two BR 117 94 percent
Rental Units Below FMR in Bethany, Missouri

How many affordable rental units are in Bethany?

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

Federal Program Unit Count
Low Income Housing Tax Credit 28
Public Housing 76
Section 8 Project-Based Rental Assistance 59
USDA Section 515 Rural Rental Housing 36
Tracked Units by Federal Program in Bethany, Missouri

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

Income Based Apartments in Bethany, Missouri

Bethany features 136 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 Bethany, Missouri

There are 28 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Bethany.

Housing Choice Vouchers in Bethany, Missouri

On average, Section 8 Housing Choice vouchers pay Bethany landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Bethany.

The maximum amount a voucher would pay on behalf of a low-income tenant in Bethany, Missouri for a two-bedroom apartment is between $717 and $877.

Sourced from federal housing data and AffordableHousingOnline.com research.