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

Discover affordable housing in Camdenton where there are 5+ 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.

Camdenton Senior Housing Apartments

87 Hopkins Cir, Camdenton, Missouri 65020

Camden Manors Inc

141 Dawson Rd, Camdenton, Missouri 65020

Brookview Apartments of Camdenton

134 Dawson Rd, Camdenton, Missouri 65020

Camdenton Apartments

326 3rd St, Camdenton, Missouri 65020

Michaels Place

19 Landers Ln, Camdenton, Missouri 65020

Open Until Further Notice

Reported On February 23rd, 2024 by Chris Madden

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Camdenton, Missouri
$16.44/hour
$4.14 (+34%) more than Missouri minimum wage and $9.19 (+127%) more than the Federal minimum wage.
Learn More About Camdenton, Missouri Affordable Housing ↓

What HUD offices serve Camdenton, 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) programs for Camdenton, Missouri.

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

How many renters live in Camdenton, Missouri?

The City of Camdenton has 3,979 people living in 1,176 households.

There are 1,747 renters living in 537 renter households in this City. Renters make up 43.91 percent of the population living in Camdenton.

What is the rental market like in Camdenton, Missouri?

There are an estimated 1,399 housing units in the Camdenton area. Of these, 580 units are rental homes, making up 41 percent of the housing market. For every renter household in Camdenton, Missouri, there are 1 rental units.

What is the vacancy rate for rentals in Camdenton?

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

Occupied Rental Units by Size in Camdenton
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
9 71 239 89 129
Occupied Rental Units by Size in Camdenton

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

Among renter households in this market, 46 percent have housing cost burden. Further, 21 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 Camdenton

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 Camdenton, Missouri

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

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 6 67 percent
One BR 64 90 percent
Two BR 164 69 percent
Rental Units Below FMR in Camdenton, Missouri

How many affordable rental units are in Camdenton?

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

Federal Program Unit Count
Low Income Housing Tax Credit 88
USDA Section 515 Rural Rental Housing 44
Tracked Units by Federal Program in Camdenton, Missouri

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

Income Based Apartments in Camdenton, Missouri

Camdenton features 99 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 Camdenton, Missouri

There are 64 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Camdenton.

Housing Choice Vouchers in Camdenton, Missouri

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Camdenton, Missouri for a two-bedroom apartment is between $781 and $955.

Sourced from federal housing data and AffordableHousingOnline.com research.