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

Discover affordable housing in Pattonsburg 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.

Pattonsburg Manor

1031 Main St, Pattonsburg, Missouri 64670

Pattonsburg Manor

501 Chestnut St, Pattonsburg, Missouri 64670

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

What HUD offices serve Pattonsburg, 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 Pattonsburg, Missouri.

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

How many renters live in Pattonsburg, Missouri?

The City of Pattonsburg has 276 people living in 62 households.

There are 33 renters living in 19 renter households in this City. Renters make up 11.96 percent of the population living in Pattonsburg.

What is the rental market like in Pattonsburg, Missouri?

There are an estimated 81 housing units in the Pattonsburg area. Of these, 22 units are rental homes, making up 27 percent of the housing market. For every renter household in Pattonsburg, Missouri, there are 1 rental units.

What is the vacancy rate for rentals in Pattonsburg?

The rental vacancy rate in Pattonsburg is 14 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 Pattonsburg for each bedroom size?

Occupied Rental Units by Size in Pattonsburg
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 0 10 9 0
Occupied Rental Units by Size in Pattonsburg

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

Among renter households in this market, 21 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 Pattonsburg

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $601 to $1,241. 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 $1,081
Four BR $1,241
2024 Fair Market Rents in Pattonsburg, Missouri

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

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
Two BR 10 100 percent
Rental Units Below FMR in Pattonsburg, Missouri

How many affordable rental units are in Pattonsburg?

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

Federal Program Unit Count
Low Income Housing Tax Credit 20
Tracked Units by Federal Program in Pattonsburg, Missouri

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

Income Based Apartments in Pattonsburg, Missouri

Pattonsburg features 0 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 Pattonsburg, Missouri

There are 21 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Pattonsburg.

Housing Choice Vouchers in Pattonsburg, Missouri

On average, Section 8 Housing Choice vouchers pay Pattonsburg landlords $400 per month towards rent. The average voucher holder contributes $200 towards rent in Pattonsburg.

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

Sourced from federal housing data and AffordableHousingOnline.com research.