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

Discover affordable housing in Humansville 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.

Circle Drive Apartments

300 S Bolivar Rd, Humansville, Missouri 65674

Open Until Further Notice

Reported On February 23rd, 2024 by Chris Madden

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Humansville, Missouri
$15.09/hour
$2.79 (+23%) more than Missouri minimum wage and $7.84 (+108%) more than the Federal minimum wage.
Learn More About Humansville, Missouri Affordable Housing ↓

What HUD offices serve Humansville, 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 Humansville, Missouri.

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

How many renters live in Humansville, Missouri?

The City of Humansville has 1,256 people living in 414 households.

There are 598 renters living in 222 renter households in this City. Renters make up 47.61 percent of the population living in Humansville.

What is the rental market like in Humansville, Missouri?

There are an estimated 488 housing units in the Humansville area. Of these, 240 units are rental homes, making up 49 percent of the housing market. For every renter household in Humansville, Missouri, there are 1 rental units.

What is the vacancy rate for rentals in Humansville?

The rental vacancy rate in Humansville is 8 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 Humansville for each bedroom size?

Occupied Rental Units by Size in Humansville
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 91 50 73 8
Occupied Rental Units by Size in Humansville

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

Among renter households in this market, 34 percent have housing cost burden. Further, 13 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 Humansville

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $638 to $1,285. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $638
One BR $642
Two BR $797
Three BR $1,090
Four BR $1,285
2024 Fair Market Rents in Humansville, Missouri

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

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 56 62 percent
Two BR 41 82 percent
Rental Units Below FMR in Humansville, Missouri

How many affordable rental units are in Humansville?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 40
Tracked Units by Federal Program in Humansville, Missouri

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

Income Based Apartments in Humansville, Missouri

Humansville features 40 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 Humansville, Missouri

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

Housing Choice Vouchers in Humansville, Missouri

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Humansville, Missouri for a two-bedroom apartment is between $717 and $877.

Sourced from federal housing data and AffordableHousingOnline.com research.