What HUD offices serve East Prairie, 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.
Go to the Missouri Public Housing and Low-Income Apartments Waiting Lists page for openings near East Prairie.
How many renters live in East Prairie, Missouri?
The City of East Prairie has 2,969 people living in 1,386 households.
There are 1,793 renters living in 781 renter households in this City. Renters make up 60.39 percent of the population living in East Prairie.
What is the rental market like in East Prairie, Missouri?
There are an estimated 1,493 housing units in the East Prairie area. Of these, 800 units are rental homes, making up 54 percent of the housing market. For every renter household in East Prairie, Missouri, there are 1 rental units.
What is the vacancy rate for rentals in East Prairie?
The rental vacancy rate in East Prairie is 2 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 East Prairie for each bedroom size?
Occupied Rental Units by Size in East Prairie
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 86 | 267 | 363 | 65 |
Occupied Rental Units by Size in East Prairie
A large number of apartments in East Prairie 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 East Prairie are overburdened by housing costs?
Among renter households in this market, 45 percent have housing cost burden. Further, 19 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 East Prairie
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $601 to $1,353. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $601 |
| One BR | $607 |
| Two BR | $797 |
| Three BR | $1,079 |
| Four BR | $1,353 |
2024 Fair Market Rents in East Prairie, Missouri
How many units are rented at Fair Market Rent (FMR) in East Prairie?
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 | 86 | 100 percent |
| Two BR | 208 | 78 percent |
Rental Units Below FMR in East Prairie, Missouri
How many affordable rental units are in East Prairie?
There are a variety of federal affordable housing programs serving households in East Prairie, Missouri including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 70 |
| Public Housing | 120 |
| Section 8 Project-Based Rental Assistance | 26 |
| USDA Section 515 Rural Rental Housing | 40 |
Tracked Units by Federal Program in East Prairie, Missouri
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in East Prairie, Missouri
East Prairie features 226 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 East Prairie, Missouri
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in East Prairie.
Housing Choice Vouchers in East Prairie, Missouri
On average, Section 8 Housing Choice vouchers pay East Prairie landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in East Prairie.
The maximum amount a voucher would pay on behalf of a low-income tenant in East Prairie, Missouri for a two-bedroom apartment is between $717 and $877.
Sourced from federal housing data and AffordableHousingOnline.com research.
