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

Discover affordable housing in Keytesville 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.

Keytesville Housing

400 Senior Ter, Keytesville, Missouri 65261

Rainbow Gardens

201 E Tom St, Keytesville, Missouri 65261

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Keytesville, 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 Keytesville, Missouri Affordable Housing ↓

What HUD offices serve Keytesville, 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 Keytesville, Missouri.

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

How many renters live in Keytesville, Missouri?

The City of Keytesville has 384 people living in 163 households.

There are 104 renters living in 62 renter households in this City. Renters make up 27.08 percent of the population living in Keytesville.

What is the rental market like in Keytesville, Missouri?

There are an estimated 253 housing units in the Keytesville area. Of these, 62 units are rental homes, making up 25 percent of the housing market. For every renter household in Keytesville, Missouri, there are 1 rental units.

What is the vacancy rate for rentals in Keytesville?

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

Occupied Rental Units by Size in Keytesville
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 42 13 7 0
Occupied Rental Units by Size in Keytesville

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

Among renter households in this market, 29 percent have housing cost burden. Further, 11 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 Keytesville

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $601 to $1,216. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $601
One BR $608
Two BR $797
Three BR $1,054
Four BR $1,216
2024 Fair Market Rents in Keytesville, Missouri

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

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 40 95 percent
Two BR 9 69 percent
Rental Units Below FMR in Keytesville, Missouri

How many affordable rental units are in Keytesville?

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

Federal Program Unit Count
Section 811 Supportive Housing for Persons with Disabilities 10
USDA Section 515 Rural Rental Housing 34
Tracked Units by Federal Program in Keytesville, Missouri

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

Income Based Apartments in Keytesville, Missouri

Keytesville features 46 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 Keytesville, Missouri

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

Housing Choice Vouchers in Keytesville, Missouri

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.