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

Discover affordable housing in Williamsville where there are 1+ 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.

Williamsville Senior Housing

State Hwy A, Williamsville, Missouri 63967

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

How many renters live in Williamsville, Missouri?

The City of Williamsville has 283 people living in 112 households.

There are 112 renters living in 44 renter households in this City. Renters make up 39.58 percent of the population living in Williamsville.

What is the rental market like in Williamsville, Missouri?

There are an estimated 137 housing units in the Williamsville area. Of these, 44 units are rental homes, making up 32 percent of the housing market. For every renter household in Williamsville, Missouri, there are 1 rental units.

What is the vacancy rate for rentals in Williamsville?

The rental vacancy rate in Williamsville is 0 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 Williamsville for each bedroom size?

Occupied Rental Units by Size in Williamsville
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 11 30 2 0
Occupied Rental Units by Size in Williamsville

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

Among renter households in this market, 48 percent have housing cost burden. Further, 32 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 Williamsville

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $601 to $1,353. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $601
One BR $699
Two BR $797
Three BR $1,027
Four BR $1,353
2024 Fair Market Rents in Williamsville, Missouri

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

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 11 100 percent
Two BR 22 73 percent
Rental Units Below FMR in Williamsville, Missouri

How many affordable rental units are in Williamsville?

Income Based Apartments in Williamsville, Missouri

Williamsville features 8 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 Williamsville, Missouri

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Williamsville.

Housing Choice Vouchers in Williamsville, Missouri

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.