Low Income Apartments and Affordable Housing For Rent in Scotland County, MO

Discover affordable housing in Scotland County 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.

Memphis

1 Cornelius Ave, Memphis, Missouri 63555

Gorin Senior Housing Association

Granville St, Gorin, Missouri 63543

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

What HUD offices serve Scotland 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.

Operates the Section 8 Housing Choice Voucher (HCV) programs for Scotland County, Missouri.

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

How many renters live in Scotland County, Missouri?

The County of Scotland County has 4,720 people living in 1,527 households.

There are 534 renters living in 303 renter households in this County. Renters make up 11.31 percent of the population living in Scotland County.

What is the rental market like in Scotland County, Missouri?

There are an estimated 2,219 housing units in the Scotland County area. Of these, 331 units are rental homes, making up 15 percent of the housing market. For every renter household in Scotland County, Missouri, there are 1 rental units.

What is the vacancy rate for rentals in Scotland County?

The rental vacancy rate in Scotland County is 8 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 Scotland County for each bedroom size?

Occupied Rental Units by Size in Scotland County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
13 100 101 63 26
Occupied Rental Units by Size in Scotland County

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

Among renter households in this market, 37 percent have housing cost burden. Further, 16 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 Scotland County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $601 to $1,217. 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 $1,123
Four BR $1,217
2024 Fair Market Rents in Scotland County, Missouri

How many units are rented at Fair Market Rent (FMR) in Scotland 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
Studio 12 92 percent
One BR 96 96 percent
Two BR 59 58 percent
Rental Units Below FMR in Scotland County, Missouri

How many affordable rental units are in Scotland County?

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

Federal Program Unit Count
Public Housing 44
Tracked Units by Federal Program in Scotland County, Missouri

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

Income Based Apartments in Scotland County, Missouri

Scotland County features 44 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 Scotland County, Missouri

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

Housing Choice Vouchers in Scotland County, Missouri

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.