How many renters live in Ellsinore, Missouri?
The City of Ellsinore has 442 people living in 188 households.
There are 229 renters living in 116 renter households in this City. Renters make up 51.81 percent of the population living in Ellsinore.
What is the rental market like in Ellsinore, Missouri?
There are an estimated 240 housing units in the Ellsinore area. Of these, 125 units are rental homes, making up 52 percent of the housing market. For every renter household in Ellsinore, Missouri, there are 1 rental units.
What is the vacancy rate for rentals in Ellsinore?
The rental vacancy rate in Ellsinore 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 Ellsinore for each bedroom size?
Occupied Rental Units by Size in Ellsinore
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 3 | 15 | 76 | 20 | 2 |
Occupied Rental Units by Size in Ellsinore
A large number of apartments in Ellsinore 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 Ellsinore are overburdened by housing costs?
Among renter households in this market, 32 percent have housing cost burden. Further, 7 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 Ellsinore
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $601 to $1,217. 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 | $1,021 |
| Four BR | $1,217 |
2024 Fair Market Rents in Ellsinore, Missouri
How many units are rented at Fair Market Rent (FMR) in Ellsinore?
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 | 0 | 100 percent |
| One BR | 10 | 67 percent |
| Two BR | 69 | 91 percent |
Rental Units Below FMR in Ellsinore, Missouri
How many affordable rental units are in Ellsinore?
There are a variety of federal affordable housing programs serving households in Ellsinore, Missouri including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 24 |
| USDA Section 515 Rural Rental Housing | 24 |
Tracked Units by Federal Program in Ellsinore, Missouri
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Ellsinore, Missouri
Ellsinore features 48 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 Ellsinore, Missouri
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Ellsinore.
Housing Choice Vouchers in Ellsinore, Missouri
On average, Section 8 Housing Choice vouchers pay Ellsinore landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Ellsinore.
The maximum amount a voucher would pay on behalf of a low-income tenant in Ellsinore, Missouri for a two-bedroom apartment is between $717 and $877.
Sourced from federal housing data and AffordableHousingOnline.com research.
