Affordable Housing In Benton County

6 Low Income Apartment Communities In Benton County

Cardinal Apartments

706 E Main St
Lincoln, Missouri
Call For Rent
2-3 BR

Warsaw Fairview Apartments

Tower Dr
Warsaw, Missouri
Call For Rent
1-2 BR

Warsaw Senior Citizens Housing

617 Arcadia
Warsaw, Missouri

Oaktree Villa

919 Walnut Dr
Warsaw, Missouri
Elderly Supportive Housing

Lincoln Community Housing, Inc

200 S Morgan St
Lincoln, Missouri

Community Retirement Village

400 W Osage St
Cole Camp, Missouri
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Guide To Affordable Housing in Benton County, Missouri

There are 6 low income housing apartment communities offering 322 affordable apartments for rent in Benton County, Missouri.

Income Based Apartments in Benton County, Missouri

Benton County features 298 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 Benton County, Missouri

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

Housing Choice Vouchers in Benton County, Missouri

On average, Section 8 Housing Choice vouchers pay Benton County landlords $500 per month towards rent. The average voucher holder contributes $200 towards rent in Benton County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Benton County, Missouri for a two-bedroom apartment is between $617 and $754.

2022 Benton County, Missouri Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Benton County, Missouri Fair Market Rent $517 $521 $685 $948 $1,172
Benton County, Missouri Payment Standard Range $465 to $569 $469 to $573 $617 to $754 $853 to $1,043 $1,055 to $1,289

Sourced from federal housing data and research.

Benton County, MO Affordable Housing Snapshot

Total Affordable Apartment Properties 6
Total Low Income Apartments 322
Total Housing Units with Rental Assistance 298
Percentage of Housing Units Occupied By Renters 18.43%
Average Renter Household Size 2.26
Average Household Size 2.28
Median Household Income $33,042 ±$2,179
Median Rent $593 ±$43
Percentage Of Renters Overburdened 47.34% ± 8.17pp
Total Population 18,854

Population and Household Demographics

Benton County is a county in Missouri with a population of 18,854. There are 8,149 households in the county with an average household size of 2.28 persons. 18.43% of households in Benton County are renters.

Income and Rent Overburden in Benton County

The median gross income for households in Benton County is $33,042 a year, or $2,754 a month. The median rent for the county is $593 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Benton County, a household making less than $1,977 a month would be considered overburdened when renting an apartment at or above the median rent. 47.34% of households who rent are overburdened in Benton County.

Area Median Income In Benton County

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

In Benton County, HUD calculates the Area Median Income for a family of four as $49,000

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Benton County

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Benton County

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Benton County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$12,880 $17,420 $21,960 $26,500 $30,450 $32,700 $34,950 $37,200
50% AMI Income Limits
Renters earning up to 50% of the Benton County AMI may qualify for rental assistance programs that target Very Low Income households.
$19,750 $22,550 $25,350 $28,150 $30,450 $32,700 $34,950 $37,200
80% AMI Income Limits
Renters earning up to 80% of the Benton County AMI may qualify for rental assistance programs that target Low Income households.
$31,550 $36,050 $40,550 $45,050 $48,700 $52,300 $55,900 $59,500

Cities In Benton County

Select A City to View its Apartment Communities and Waiting Lists.

City Served By
Climax Springs
Cole Camp