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

Discover affordable housing in Ashland 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.

Mo Valley Prop

200 Church St, Ashland, Missouri 65010

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Ashland, Missouri
$19.60/hour
$7.30 (+59%) more than Missouri minimum wage and $12.35 (+170%) more than the Federal minimum wage.
Learn More About Ashland, Missouri Affordable Housing ↓

What HUD offices serve Ashland, 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), Public Housing programs for Ashland, Missouri.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Ashland, Missouri.

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

How many renters live in Ashland, Missouri?

The City of Ashland has 4,730 people living in 2,101 households.

There are 1,313 renters living in 766 renter households in this City. Renters make up 27.76 percent of the population living in Ashland.

What is the rental market like in Ashland, Missouri?

There are an estimated 2,169 housing units in the Ashland area. Of these, 834 units are rental homes, making up 38 percent of the housing market. For every renter household in Ashland, Missouri, there are 1 rental units.

What is the vacancy rate for rentals in Ashland?

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

Occupied Rental Units by Size in Ashland
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
99 12 275 351 29
Occupied Rental Units by Size in Ashland

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

Among renter households in this market, 40 percent have housing cost burden. Further, 28 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 Ashland

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $702 to $1,620. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $702
One BR $861
Two BR $1,035
Three BR $1,386
Four BR $1,620
2024 Fair Market Rents in Ashland, Missouri

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

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 0 100 percent
One BR 12 100 percent
Two BR 101 37 percent
Rental Units Below FMR in Ashland, Missouri

How many affordable rental units are in Ashland?

Income Based Apartments in Ashland, Missouri

Ashland features 0 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 Ashland, Missouri

There are 16 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Ashland.

Housing Choice Vouchers in Ashland, Missouri

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Ashland, Missouri for a two-bedroom apartment is between $932 and $1,139.

Sourced from federal housing data and AffordableHousingOnline.com research.