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

Discover affordable housing in Missouri where there are 750+ 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.

Blue Valley Court Apartments

2190 Wheeling Ave, Kansas City, Missouri 64126

Lackland Plaza Apartments

8420 Plazarock Ct, St Louis, Missouri 63114

Shannon Fox Apartments

8050 Shannon Fox Cir, Jennings, Missouri 63136

Grand Boulevard Lofts

1006 Grand Blvd, Kansas City, MO 64106, Kansas City, Missouri 64106

East Hills Village

7575 Monroe Ave, Kansas City, Missouri 64132

Park Place

4399 Forest Park Ave, St Louis, Missouri 63108

Winter Garden

5708 Kingsbury Pl, St Louis, Missouri 63112

Kirksville Heights

2400 South Baltimore Street, Kirksville, Missouri 63501

Parkview Gardens Rehabilitation

626 Eastgate Ave, St Louis, Missouri 63130

University Commons Apartments

900 Westgate Avenue, University City, Missouri 63130

The Residences at Jennings Place

2360 Middle River Roads, Jennings, Missouri 63136

Hawthorne Place

16995 E. Dover Lane , Independence, Missouri 64056

Cedar Ridge Apartments II

4904 Charm Ridge Dr., Jefferson City, Missouri 65109

Riverbend Estates

1701 High Street, Washington, Missouri 63090

St. Luke's Plaza Apartments

5602 Enright Ave, St Louis, Missouri 63112

Prairie Plains

700 W 8th St, Lamar, Missouri 64759

Swope Parkway Estates

5120 Cleveland Avenue, Kansas City, Missouri 64130

Woodbine Meadows

102 S. Woodbine Rd, Saint Joseph, Missouri 64506

Prairie Ridge

Old Ridge Rd, Licking, Missouri 65542

Troy Villa Apartments

142 Carol Dr, Troy, Missouri 63379

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Missouri
$16.44/hour
$4.14 (+34%) more than Missouri minimum wage and $9.19 (+127%) more than the Federal minimum wage.
Learn More About Missouri Affordable Housing ↓

How many renters live in Missouri?

The State of Missouri has 43,227 people living in 16,494 households.

There are 8,355 renters living in 2,986 renter households in this State. Renters make up 19.33 percent of the population living in Missouri.

What is the rental market like in Missouri?

There are an estimated 39,729 housing units in the Missouri area. Of these, 3,238 units are rental homes, making up 8 percent of the housing market. For every renter household in Missouri, there are 1 rental units.

What is the vacancy rate for rentals in Missouri?

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

Occupied Rental Units by Size in Missouri
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
33 394 1,370 923 212
Occupied Rental Units by Size in Missouri

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

Among renter households in this market, 30 percent have housing cost burden. Further, 13 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 many units are rented at Fair Market Rent (FMR) in Missouri?

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 17 52 percent
One BR 201 51 percent
Two BR 808 59 percent
Rental Units Below FMR in Missouri

How many affordable rental units are in Missouri?

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

Federal Program Unit Count
Low Income Housing Tax Credit 258
Section 8 Project-Based Rental Assistance 1
USDA Section 515 Rural Rental Housing 131
Tracked Units by Federal Program in Missouri

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

Income Based Apartments in Missouri

Missouri features 57,393 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 Missouri

There are 44,090 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Missouri.

Housing Choice Vouchers in Missouri

On average, Section 8 Housing Choice vouchers pay Missouri landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Missouri.

The maximum amount a voucher would pay on behalf of a low-income tenant in Missouri for a two-bedroom apartment is between $781 and $955.

Sourced from federal housing data and AffordableHousingOnline.com research.