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

Discover affordable housing in Barnett 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.

Barnett Manor Apartments

21147 N Beacon Rd, Barnett, Missouri 65011

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

How many renters live in Barnett, Missouri?

The City of Barnett has 138 people living in 60 households.

There are 38 renters living in 17 renter households in this City. Renters make up 27.54 percent of the population living in Barnett.

What is the rental market like in Barnett, Missouri?

There are an estimated 93 housing units in the Barnett area. Of these, 22 units are rental homes, making up 24 percent of the housing market. For every renter household in Barnett, Missouri, there are 1 rental units.

What is the vacancy rate for rentals in Barnett?

The rental vacancy rate in Barnett is 23 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 Barnett for each bedroom size?

Occupied Rental Units by Size in Barnett
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 4 2 9 2
Occupied Rental Units by Size in Barnett

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

Among renter households in this market, 29 percent have housing cost burden. Further, 12 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 Barnett

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $601 to $1,061. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $601
One BR $707
Two BR $797
Three BR $1,057
Four BR $1,061
2024 Fair Market Rents in Barnett, Missouri

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

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 0 100 percent
Two BR 0 100 percent
Rental Units Below FMR in Barnett, Missouri

How many affordable rental units are in Barnett?

Income Based Apartments in Barnett, Missouri

Barnett features 16 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 Barnett, Missouri

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

Housing Choice Vouchers in Barnett, Missouri

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.