Low Income Apartments and Affordable Housing For Rent in Mountain Grove, MO

Discover affordable housing in Mountain Grove 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.

Mountain Grove l Apartments

405 E Clouse St, Mountain Grove, Missouri 65711

Mountain Grove Apartments ll

601 E Clouse St, Mountain Grove, Missouri 65711

Mc Elldo Complex

312 W 3rd St, Mountain Grove, Missouri 65711

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

What HUD offices serve Mountain Grove, 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 Mountain Grove, Missouri.

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

How many renters live in Mountain Grove, Missouri?

The City of Mountain Grove has 4,498 people living in 1,876 households.

There are 993 renters living in 438 renter households in this City. Renters make up 22.08 percent of the population living in Mountain Grove.

What is the rental market like in Mountain Grove, Missouri?

There are an estimated 2,351 housing units in the Mountain Grove area. Of these, 642 units are rental homes, making up 27 percent of the housing market. For every renter household in Mountain Grove, Missouri, there are 1 rental units.

What is the vacancy rate for rentals in Mountain Grove?

The rental vacancy rate in Mountain Grove is 24 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 Mountain Grove for each bedroom size?

Occupied Rental Units by Size in Mountain Grove
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 34 90 307 0
Occupied Rental Units by Size in Mountain Grove

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

Among renter households in this market, 41 percent have housing cost burden. Further, 10 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 Mountain Grove

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $601 to $1,353. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $601
One BR $710
Two BR $797
Three BR $1,054
Four BR $1,353
2024 Fair Market Rents in Mountain Grove, Missouri

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

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 34 100 percent
Two BR 81 90 percent
Rental Units Below FMR in Mountain Grove, Missouri

How many affordable rental units are in Mountain Grove?

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

Federal Program Unit Count
Low Income Housing Tax Credit 70
Public Housing 135
Section 8 Project-Based Rental Assistance 38
USDA Section 515 Rural Rental Housing 38
Tracked Units by Federal Program in Mountain Grove, Missouri

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

Income Based Apartments in Mountain Grove, Missouri

Mountain Grove features 173 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 Mountain Grove, Missouri

There are 3 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Mountain Grove.

Housing Choice Vouchers in Mountain Grove, Missouri

On average, Section 8 Housing Choice vouchers pay Mountain Grove landlords $300 per month towards rent. The average voucher holder contributes $200 towards rent in Mountain Grove.

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

Sourced from federal housing data and AffordableHousingOnline.com research.