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

Discover affordable housing in Strafford 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.

Strafford Arms I & II

221 W Pine St, Strafford, Missouri 65757

Madison Square

115 E Comanche Ct, Strafford, Missouri 65757

Strafford Senior Citizens Complex

244 W Pine St, Strafford, Missouri

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 Strafford, 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 Strafford, Missouri Affordable Housing ↓

What HUD offices serve Strafford, 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 Strafford, Missouri.

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

How many renters live in Strafford, Missouri?

The City of Strafford has 2,570 people living in 1,009 households.

There are 493 renters living in 260 renter households in this City. Renters make up 19.18 percent of the population living in Strafford.

What is the rental market like in Strafford, Missouri?

There are an estimated 1,014 housing units in the Strafford area. Of these, 265 units are rental homes, making up 26 percent of the housing market. For every renter household in Strafford, Missouri, there are 1 rental units.

What is the vacancy rate for rentals in Strafford?

The rental vacancy rate in Strafford is 2 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 Strafford for each bedroom size?

Occupied Rental Units by Size in Strafford
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
13 28 149 66 4
Occupied Rental Units by Size in Strafford

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

Among renter households in this market, 46 percent have housing cost burden. Further, 18 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 Strafford

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 Strafford, Missouri

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

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 27 96 percent
Two BR 107 72 percent
Rental Units Below FMR in Strafford, Missouri

How many affordable rental units are in Strafford?

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

Federal Program Unit Count
Low Income Housing Tax Credit 36
USDA Section 515 Rural Rental Housing 40
Tracked Units by Federal Program in Strafford, Missouri

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

Income Based Apartments in Strafford, Missouri

Strafford features 28 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 Strafford, Missouri

There are 24 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Strafford.

Housing Choice Vouchers in Strafford, Missouri

On average, Section 8 Housing Choice vouchers pay Strafford landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Strafford.

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

Sourced from federal housing data and AffordableHousingOnline.com research.