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

Discover affordable housing in Laclede 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.

Laclede Community Housing Corp

1201 Pershing Dr, Laclede, Missouri 64651

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

What HUD offices serve Laclede, 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 Laclede, Missouri.

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

How many renters live in Laclede, Missouri?

The City of Laclede has 265 people living in 118 households.

There are 48 renters living in 32 renter households in this City. Renters make up 18.11 percent of the population living in Laclede.

What is the rental market like in Laclede, Missouri?

There are an estimated 157 housing units in the Laclede area. Of these, 35 units are rental homes, making up 22 percent of the housing market. For every renter household in Laclede, Missouri, there are 1 rental units.

What is the vacancy rate for rentals in Laclede?

The rental vacancy rate in Laclede is 9 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 Laclede for each bedroom size?

Occupied Rental Units by Size in Laclede
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
2 14 5 11 0
Occupied Rental Units by Size in Laclede

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

Among renter households in this market, 28 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 Laclede

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $601 to $1,061. 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 $964
Four BR $1,061
2024 Fair Market Rents in Laclede, Missouri

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

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 2 100 percent
One BR 14 100 percent
Two BR 2 40 percent
Rental Units Below FMR in Laclede, Missouri

How many affordable rental units are in Laclede?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 23
Tracked Units by Federal Program in Laclede, Missouri

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

Income Based Apartments in Laclede, Missouri

Laclede features 22 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 Laclede, Missouri

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

Housing Choice Vouchers in Laclede, Missouri

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.