What HUD offices serve Ripley County, 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.
Go to the Missouri Public Housing and Low-Income Apartments Waiting Lists page for openings near Ripley County.
How many renters live in Ripley County, Missouri?
The County of Ripley County has 10,839 people living in 3,936 households.
There are 2,075 renters living in 801 renter households in this County. Renters make up 19.14 percent of the population living in Ripley County.
What is the rental market like in Ripley County, Missouri?
There are an estimated 5,236 housing units in the Ripley County area. Of these, 923 units are rental homes, making up 18 percent of the housing market. For every renter household in Ripley County, Missouri, there are 1 rental units.
What is the vacancy rate for rentals in Ripley County?
The rental vacancy rate in Ripley County is 13 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 Ripley County for each bedroom size?
Occupied Rental Units by Size in Ripley County
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 81 | 284 | 315 | 106 |
Occupied Rental Units by Size in Ripley County
A large number of apartments in Ripley County 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 Ripley County are overburdened by housing costs?
Among renter households in this market, 38 percent have housing cost burden. Further, 17 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 Ripley County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $601 to $1,233. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $601 |
| One BR | $627 |
| Two BR | $797 |
| Three BR | $964 |
| Four BR | $1,233 |
2024 Fair Market Rents in Ripley County, Missouri
How many units are rented at Fair Market Rent (FMR) in Ripley County?
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 | 65 | 80 percent |
| Two BR | 192 | 68 percent |
Rental Units Below FMR in Ripley County, Missouri
How many affordable rental units are in Ripley County?
There are a variety of federal affordable housing programs serving households in Ripley County, Missouri including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 16 |
| Section 8 Project-Based Rental Assistance | 59 |
| USDA Section 515 Rural Rental Housing | 28 |
Tracked Units by Federal Program in Ripley County, Missouri
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Ripley County, Missouri
Ripley County features 88 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 Ripley County, Missouri
There are 60 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Ripley County.
Housing Choice Vouchers in Ripley County, Missouri
On average, Section 8 Housing Choice vouchers pay Ripley County landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Ripley County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Ripley County, Missouri for a two-bedroom apartment is between $717 and $877.
Sourced from federal housing data and AffordableHousingOnline.com research.
