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

Discover affordable housing in Centralia 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.

Centralia Apartments

525 W Southgate, Centralia, Missouri 65240

Sunset Gardens Inc

109 E Wigham St, Centralia, Missouri 65240

Stonecrest Apartments

415 W Singleton St, Centralia, Missouri 65240

Creston Court Apartments

212 S Columbia St, Centralia, Missouri 65240

Columbia Oaks Apartments

609 N Columbia St, Centralia, Missouri 65240

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Centralia, Missouri
$19.60/hour
$7.30 (+59%) more than Missouri minimum wage and $12.35 (+170%) more than the Federal minimum wage.
Learn More About Centralia, Missouri Affordable Housing ↓

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

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

How many renters live in Centralia, Missouri?

The City of Centralia has 4,570 people living in 1,923 households.

There are 1,215 renters living in 624 renter households in this City. Renters make up 26.59 percent of the population living in Centralia.

What is the rental market like in Centralia, Missouri?

There are an estimated 2,045 housing units in the Centralia area. Of these, 624 units are rental homes, making up 31 percent of the housing market. For every renter household in Centralia, Missouri, there are 1 rental units.

What is the vacancy rate for rentals in Centralia?

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

Occupied Rental Units by Size in Centralia
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
70 129 306 41 34
Occupied Rental Units by Size in Centralia

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

Among renter households in this market, 29 percent have housing cost burden. Further, 22 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 Centralia

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $601 to $1,061. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $601
One BR $631
Two BR $797
Three BR $1,028
Four BR $1,061
2024 Fair Market Rents in Centralia, Missouri

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

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 70 100 percent
One BR 129 100 percent
Two BR 306 100 percent
Rental Units Below FMR in Centralia, Missouri

How many affordable rental units are in Centralia?

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

Federal Program Unit Count
Low Income Housing Tax Credit 16
USDA Section 515 Rural Rental Housing 100
Tracked Units by Federal Program in Centralia, Missouri

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

Income Based Apartments in Centralia, Missouri

Centralia features 108 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 Centralia, Missouri

There are 16 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Centralia.

Housing Choice Vouchers in Centralia, Missouri

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Centralia, Missouri for a two-bedroom apartment is between $932 and $1,139.

Sourced from federal housing data and AffordableHousingOnline.com research.