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

Discover affordable housing in Republic where there are 8+ 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.

Republic III Apartments

1405 E Hines St, Republic, Missouri 65738

Boston Heights Apartments

701 N Boston Ln, Republic, Missouri 65738

Spring Hills Apartments

1605 E Hines St, Republic, Missouri 65738

Oakwood Place

810 N. Oakwood Ave, Republic, Missouri 65738

Century Place

Hines Rd and Bailey Ave, Republic, Missouri 65738

Public Elderly Housing

302 W Anderson St, Republic, Missouri 65738

Phelps Sixth Addition

Geogre E Phelps And Holman Court, Republic, Missouri 65738

Century Place

Moonlight And Douglas Sts, Republic, Missouri 65738

Open Until Further Notice

Reported On February 23rd, 2024 by Chris Madden

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Republic, Missouri
$17.44/hour
$5.14 (+42%) more than Missouri minimum wage and $10.19 (+141%) more than the Federal minimum wage.
Learn More About Republic, Missouri Affordable Housing ↓

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

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

How many renters live in Republic, Missouri?

The City of Republic has 18,824 people living in 7,694 households.

There are 7,428 renters living in 3,121 renter households in this City. Renters make up 39.46 percent of the population living in Republic.

What is the rental market like in Republic, Missouri?

There are an estimated 7,840 housing units in the Republic area. Of these, 3,195 units are rental homes, making up 41 percent of the housing market. For every renter household in Republic, Missouri, there are 1 rental units.

What is the vacancy rate for rentals in Republic?

The rental vacancy rate in Republic 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 Republic for each bedroom size?

Occupied Rental Units by Size in Republic
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
153 389 1,017 1,297 231
Occupied Rental Units by Size in Republic

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

Among renter households in this market, 40 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 Republic

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $718 to $1,434. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $718
One BR $723
Two BR $921
Three BR $1,274
Four BR $1,434
2024 Fair Market Rents in Republic, Missouri

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

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 0 100 percent
One BR 144 37 percent
Two BR 485 48 percent
Rental Units Below FMR in Republic, Missouri

How many affordable rental units are in Republic?

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

Federal Program Unit Count
Low Income Housing Tax Credit 137
Public Housing 55
Section 8 Project-Based Rental Assistance 1
USDA Section 515 Rural Rental Housing 71
Tracked Units by Federal Program in Republic, Missouri

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

Income Based Apartments in Republic, Missouri

Republic features 91 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 Republic, Missouri

There are 121 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Republic.

Housing Choice Vouchers in Republic, Missouri

On average, Section 8 Housing Choice vouchers pay Republic landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Republic.

The maximum amount a voucher would pay on behalf of a low-income tenant in Republic, Missouri for a two-bedroom apartment is between $829 and $1,013.

Sourced from federal housing data and AffordableHousingOnline.com research.