Low Income Apartments and Affordable Housing For Rent in Knob Noster, MO

Discover affordable housing in Knob Noster 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.

Knob Noster Sch

201 Sunshine Lane, Knob Noster, Missouri

Huntington Heights

1500 W 8th Street Ter, Knob Noster, Missouri 65336

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Knob Noster, Missouri
$15.93/hour
$3.63 (+30%) more than Missouri minimum wage and $8.68 (+120%) more than the Federal minimum wage.
Learn More About Knob Noster, Missouri Affordable Housing ↓

What HUD offices serve Knob Noster, 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), Public Housing programs for Knob Noster, Missouri.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Knob Noster, Missouri.

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

How many renters live in Knob Noster, Missouri?

The City of Knob Noster has 2,793 people living in 1,305 households.

There are 1,448 renters living in 724 renter households in this City. Renters make up 51.84 percent of the population living in Knob Noster.

What is the rental market like in Knob Noster, Missouri?

There are an estimated 1,388 housing units in the Knob Noster area. Of these, 730 units are rental homes, making up 53 percent of the housing market. For every renter household in Knob Noster, Missouri, there are 1 rental units.

What is the vacancy rate for rentals in Knob Noster?

The rental vacancy rate in Knob Noster is 1 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 Knob Noster for each bedroom size?

Occupied Rental Units by Size in Knob Noster
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
23 133 330 158 80
Occupied Rental Units by Size in Knob Noster

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

Among renter households in this market, 31 percent have housing cost burden. Further, 9 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 Knob Noster

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $669 to $1,427. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $669
One BR $712
Two BR $841
Three BR $1,185
Four BR $1,427
2024 Fair Market Rents in Knob Noster, Missouri

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

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 8 35 percent
One BR 95 71 percent
Two BR 225 68 percent
Rental Units Below FMR in Knob Noster, Missouri

How many affordable rental units are in Knob Noster?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 12
Tracked Units by Federal Program in Knob Noster, Missouri

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

Income Based Apartments in Knob Noster, Missouri

Knob Noster features 12 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 Knob Noster, Missouri

There are 12 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Knob Noster.

Housing Choice Vouchers in Knob Noster, Missouri

On average, Section 8 Housing Choice vouchers pay Knob Noster landlords $400 per month towards rent. The average voucher holder contributes $400 towards rent in Knob Noster.

The maximum amount a voucher would pay on behalf of a low-income tenant in Knob Noster, Missouri for a two-bedroom apartment is between $757 and $925.

Sourced from federal housing data and AffordableHousingOnline.com research.