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

Discover affordable housing in Lewistown where there are 3+ 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.

Lewistown Senior Housing Inc

401 E Main St, Lewistown, Missouri 63452

Lewis Co Affordable Housing

305 E Ewing St, Lewistown, Missouri 63452

Lewistown Apartments

Rural Route, Lewistown, Missouri 63452

calendar_today Opened: Mar 21
Open Until Further Notice

Reported On March 21st, 2024 by Lorena Bentley

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

What HUD offices serve Lewistown, 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 Lewistown, Missouri.

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

How many renters live in Lewistown, Missouri?

The City of Lewistown has 442 people living in 155 households.

There are 82 renters living in 25 renter households in this City. Renters make up 18.55 percent of the population living in Lewistown.

What is the rental market like in Lewistown, Missouri?

There are an estimated 217 housing units in the Lewistown area. Of these, 30 units are rental homes, making up 14 percent of the housing market. For every renter household in Lewistown, Missouri, there are 1 rental units.

What is the vacancy rate for rentals in Lewistown?

The rental vacancy rate in Lewistown is 17 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 Lewistown for each bedroom size?

Occupied Rental Units by Size in Lewistown
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 8 4 13 0
Occupied Rental Units by Size in Lewistown

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

Among renter households in this market, 20 percent have housing cost burden. Further, 8 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 Lewistown

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $542 to $1,061. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $542
One BR $607
Two BR $797
Three BR $1,027
Four BR $1,061
2024 Fair Market Rents in Lewistown, Missouri

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

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 4 50 percent
Two BR 4 100 percent
Rental Units Below FMR in Lewistown, Missouri

How many affordable rental units are in Lewistown?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 84
Tracked Units by Federal Program in Lewistown, Missouri

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

Income Based Apartments in Lewistown, Missouri

Lewistown features 84 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 Lewistown, Missouri

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

Housing Choice Vouchers in Lewistown, Missouri

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.