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

Discover affordable housing in Buckner 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.

Little Village Apartments

103 North Lee Street #35, Buckner, Missouri 64016

Buckner Properties Apartments

205 W Jefferson St, Buckner, Missouri 64016

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Buckner, Missouri
$23.83/hour
$11.53 (+94%) more than Missouri minimum wage and $16.58 (+229%) more than the Federal minimum wage.
Learn More About Buckner, Missouri Affordable Housing ↓

How many renters live in Buckner, Missouri?

The City of Buckner has 2,941 people living in 1,132 households.

There are 918 renters living in 291 renter households in this City. Renters make up 31.21 percent of the population living in Buckner.

What is the rental market like in Buckner, Missouri?

There are an estimated 1,177 housing units in the Buckner area. Of these, 314 units are rental homes, making up 27 percent of the housing market. For every renter household in Buckner, Missouri, there are 1 rental units.

What is the vacancy rate for rentals in Buckner?

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

Occupied Rental Units by Size in Buckner
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 39 96 136 16
Occupied Rental Units by Size in Buckner

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

Among renter households in this market, 45 percent have housing cost burden. Further, 12 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 Buckner

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $985 to $1,931. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $985
One BR $1,098
Two BR $1,258
Three BR $1,645
Four BR $1,931
2024 Fair Market Rents in Buckner, Missouri

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

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 39 100 percent
Two BR 85 89 percent
Rental Units Below FMR in Buckner, Missouri

How many affordable rental units are in Buckner?

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

Federal Program Unit Count
Low Income Housing Tax Credit 58
Section 8 Project-Based Rental Assistance 42
USDA Section 515 Rural Rental Housing 24
Tracked Units by Federal Program in Buckner, Missouri

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

Income Based Apartments in Buckner, Missouri

Buckner features 58 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 Buckner, Missouri

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

Housing Choice Vouchers in Buckner, Missouri

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Buckner, Missouri for a two-bedroom apartment is between $1,132 and $1,384.

Sourced from federal housing data and AffordableHousingOnline.com research.