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

Discover affordable housing in Clarksville 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.

Clarksville Estates

115 N 1st St, Clarksville, Missouri 63336

calendar_today Opened: Mar 21
Open Until Further Notice

Reported On March 21st, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Clarksville, Missouri
$15.53/hour
$3.23 (+26%) more than Missouri minimum wage and $8.28 (+114%) more than the Federal minimum wage.
Learn More About Clarksville, Missouri Affordable Housing ↓

What HUD offices serve Clarksville, 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 Clarksville, Missouri.

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

How many renters live in Clarksville, Missouri?

The City of Clarksville has 472 people living in 192 households.

There are 85 renters living in 42 renter households in this City. Renters make up 18.01 percent of the population living in Clarksville.

What is the rental market like in Clarksville, Missouri?

There are an estimated 307 housing units in the Clarksville area. Of these, 49 units are rental homes, making up 16 percent of the housing market. For every renter household in Clarksville, Missouri, there are 1 rental units.

What is the vacancy rate for rentals in Clarksville?

The rental vacancy rate in Clarksville is 14 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 Clarksville for each bedroom size?

Occupied Rental Units by Size in Clarksville
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 11 12 9 0
Occupied Rental Units by Size in Clarksville

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

Among renter households in this market, 31 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 Clarksville

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $618 to $1,092. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $618
One BR $624
Two BR $820
Three BR $991
Four BR $1,092
2024 Fair Market Rents in Clarksville, Missouri

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

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 6 55 percent
Two BR 11 92 percent
Rental Units Below FMR in Clarksville, Missouri

How many affordable rental units are in Clarksville?

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

Federal Program Unit Count
Low Income Housing Tax Credit 32
Tracked Units by Federal Program in Clarksville, Missouri

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

Income Based Apartments in Clarksville, Missouri

Clarksville features 31 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 Clarksville, Missouri

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

Housing Choice Vouchers in Clarksville, Missouri

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Clarksville, Missouri for a two-bedroom apartment is between $738 and $902.

Sourced from federal housing data and AffordableHousingOnline.com research.