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

Discover affordable housing in Brashear where there are 1+ 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.

Brashear Housing Assoc

205 S Church St, Brashear, Missouri 63533

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Brashear, Missouri
$15.15/hour
$2.85 (+23%) more than Missouri minimum wage and $7.90 (+109%) more than the Federal minimum wage.
Learn More About Brashear, Missouri Affordable Housing ↓

How many renters live in Brashear, Missouri?

The City of Brashear has 124 people living in 64 households.

There are 41 renters living in 24 renter households in this City. Renters make up 33.06 percent of the population living in Brashear.

What is the rental market like in Brashear, Missouri?

There are an estimated 89 housing units in the Brashear area. Of these, 24 units are rental homes, making up 27 percent of the housing market. For every renter household in Brashear, Missouri, there are 1 rental units.

What is the vacancy rate for rentals in Brashear?

The rental vacancy rate in Brashear 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 Brashear for each bedroom size?

Occupied Rental Units by Size in Brashear
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
7 5 2 4 6
Occupied Rental Units by Size in Brashear

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

Among renter households in this market, 21 percent have housing cost burden. Further, 0 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 Brashear

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $542 to $1,358. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $542
One BR $609
Two BR $800
Three BR $1,127
Four BR $1,358
2024 Fair Market Rents in Brashear, Missouri

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

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
Studio 7 100 percent
One BR 4 80 percent
Two BR 1 50 percent
Rental Units Below FMR in Brashear, Missouri

How many affordable rental units are in Brashear?

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

Federal Program Unit Count
Section 8 Project-Based Rental Assistance 1
Tracked Units by Federal Program in Brashear, Missouri

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

Income Based Apartments in Brashear, Missouri

Brashear features 12 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 Brashear, Missouri

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Brashear.

Housing Choice Vouchers in Brashear, Missouri

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Brashear, Missouri for a two-bedroom apartment is between $720 and $880.

Sourced from federal housing data and AffordableHousingOnline.com research.