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

Discover affordable housing in Chaffee 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.

Eureka Apartments

1200 S Main St, Chaffee, Missouri 63740

Chaffee

801 S Main St, Chaffee, Missouri 63740

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Chaffee, Missouri
$16.38/hour
$4.08 (+33%) more than Missouri minimum wage and $9.13 (+126%) more than the Federal minimum wage.
Learn More About Chaffee, Missouri Affordable Housing ↓

What HUD offices serve Chaffee, 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 Chaffee, Missouri.

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

How many renters live in Chaffee, Missouri?

The City of Chaffee has 3,037 people living in 1,218 households.

There are 1,100 renters living in 391 renter households in this City. Renters make up 36.22 percent of the population living in Chaffee.

What is the rental market like in Chaffee, Missouri?

There are an estimated 1,344 housing units in the Chaffee area. Of these, 391 units are rental homes, making up 29 percent of the housing market. For every renter household in Chaffee, Missouri, there are 1 rental units.

What is the vacancy rate for rentals in Chaffee?

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

Occupied Rental Units by Size in Chaffee
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
31 107 145 108 0
Occupied Rental Units by Size in Chaffee

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

Among renter households in this market, 30 percent have housing cost burden. Further, 3 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 Chaffee

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $652 to $1,152. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $652
One BR $658
Two BR $865
Three BR $1,095
Four BR $1,152
2024 Fair Market Rents in Chaffee, Missouri

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

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 31 100 percent
One BR 73 68 percent
Two BR 61 42 percent
Rental Units Below FMR in Chaffee, Missouri

How many affordable rental units are in Chaffee?

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

Federal Program Unit Count
Low Income Housing Tax Credit 50
Public Housing 145
Section 8 Project-Based Rental Assistance 50
Tracked Units by Federal Program in Chaffee, Missouri

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

Income Based Apartments in Chaffee, Missouri

Chaffee features 195 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 Chaffee, Missouri

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

Housing Choice Vouchers in Chaffee, Missouri

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Chaffee, Missouri for a two-bedroom apartment is between $779 and $952.

Sourced from federal housing data and AffordableHousingOnline.com research.